Depew, NY Ned Perlman, vice president of originations at Largo Real Estate Advisors, Inc. secured a $4.5 million permanent first mortgage to refinance a mixed-use property. Perlman placed the loan with one of Largo’s correspondent life insurance companies and features a
Brooklyn, NY Bayport Funding has closed a $2.2 million acquisition and construction loan for the redevelopment of a two-family home into a five-unit multifamily property. The 4,158 s/f building, originally constructed in 1899, is located on Putnam Ave.
Hauppauge, NY Island Associates negotiated two new lease agreements for office space at 490 Wheeler Rd. GNP Brand Gear signed a lease and took occupancy of 1,717 s/f of office space. They design and sell eco-friendly products.
Yonkers, NY The Church of St. Ann and School at 40 Brewster and 56 Dunston Aves. was sold to The Westchester School for Special Children. The 1.15-acre site, located in the Dunwoodie neighborhood, is improved with three buildings: an elementary school, a former
I have long been a proponent of using bankruptcy laws to workout distressed real estate. Bankruptcy courts are much faster than New York State courts are at ordering properties sold and the statutory system is more effective in resolving all open claims. Bankruptcy filings get a bad
Manhattan, NY According to Torch & Crown Brewing Co. and Union Square Partnership (USP), Torch & Crown Beer Garden has returned for the 2024 season. Last year, the seasonal beer garden debuted in the popular Union Square Park Pavilion, marking the
Manhattan, NY According to
The Durst Organization and The Port Authority of New York and New Jersey, Venerable, an insurance and annuity company, has signed a lease for 11,000 s/f on the 49
th floor of One World Trade Center.
Manhattan, NY Rudin completed a 5,521 s/f lease with educational specialist Lindamood-Bell at 355 Lexington Ave. in Midtown’s Grand Central district. Lauren Schott and Gary Kamenetsky of CBRE represented Lindamood-Bell.
New Rochelle, NY Simone Development Companies made known that Dello Russo Laser Vision has signed a lease for 3,000 s/f of retail space at 71 Nardozzi Pl. Dello Russo Laser Vision joins LA Fitness, My Salon Suite and PXG (Parsons Xtreme Golf) in the complex
Manhattan, NY WX New York Women Executives in Real Estate (WX) will honor its 2024 Woman of the Year, Peggy DaSilva, on October 10, at The Plaza. DaSilva has distinguished herself as a leading figure in the U.S. real estate sector, through her asset management
