Brooklyn, NY Marcus & Millichap completed the sale of two historic buildings. The assets sold for $13.8 million. "This sale is an example of the tremendous demand of vacant, free market redevelopment properties in North Brooklyn,” said Michael
Manhattan, NY JLL has completed a full floor lease at 71 Fifth Ave., the repositioned 11-story office building in Manhattan’s Union Square and Flatiron neighborhood owned by Madison Capital and Lubert Adler Partners
Manhattan, NY Ariel Property Advisors (Ariel) has negotiated the sale of a development site offering nearly 50,000 buildable s/f at 250 West 30
th St. in the Chelsea neighborhood. The property traded for $15.875 million. An Ariel team comprised of founding partner Victor Sozio; director Howard Raber
Manhattan, NY The Paul Taylor Dance Company and George Comfort & Sons finalized an agreement for the dance organization to relocate its headquarters to George Comfort & Sons’ 307 West 38
th St. tower in Midtown’s Times
Brooklyn, NY Cronheim Hotel Capital (CHC) has secured a permanent loan on behalf of The Lam Group to refinance the existing note on the 321-room Sheraton Brooklyn New York Hotel. The fixed-rate, non-recourse, loan was executed with Deutsche Bank.
Somers, NY Houlihan Lawrence Commercial negotiated two commercial sales in Westchester County totaling $4.725 million. In Somers, Houlihan Lawrence Commercial completed the sale of 12,723 s/f medical building
Buffalo, NY HUNT Mortgage, a leading name in the mortgage industry, is celebrating its 40
th anniversary since its founding in 1984. Created to provide personalized home financing options to its customers and sales
Queens, NY The Feil Organization recognized that City University of New York’s LaGuardia Community College has extended its lease for 10 years at 30-20 Thomson Ave. within Queen’s Atrium, an eight-story office building in
Welcome to 2024! Turbulent times is an understatement, with interest rate fluctuations, inflation, rising vacancy rates, and stretched municipal budgets. Think goal line adjustments.
The Fed Sentiment says we are at peak rates, but staying put is problematic. Rates remain elevated, and even if more predictable
New York, NY The New York Chapter of Professional Women in Construction (PWC NY) has launched its 2024-2025 scholarship program. Submissions are due by March 31
st and the recipients will be notified in early May. The PWC NY Scholarship Program will