Brooklyn, NY The New York office of financial services company Merchants Capital has provided a $348 million Mortgage-Backed Securities (MBS) loan from Fannie Mae to support the rehabilitation of New York City Housing Authority (NYCHA
Bayport, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA) has closed on the acquisition of three properties comprised of a vacant 75,000 s/f, single story cold storage/freezer facility and distribution center
Brooklyn, NY Marcus & Millichap has completed the sale of two multifamily development sites. The assets sold for $7 million. “This was a complex 421a development site, with a number of moving parts. My team, consisting of John Lopez
Elmont, NY The Feil Organization completed a $23.5 million refinancing of Home Depot Shopping Center provided by Principal Asset Management. Estreich & Company represented the Feil Organization in the transaction. “We are pleased to have secured this refinancing for Home Depot
Brewster, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, negotiated the sale of 100 – 120 Federal Hill Rd. in the town of Southeast in Putnam County. The property is the former campus of the Melrose School, which was run by the Community of the Holy Spirit,
Queens, NY Marcus & Millichap has completed the sale of a 34,000 s/f multifamily property. The asset sold for $9 million. “Having an understanding of this remarkably nuanced asset class gives
Manhattan, NY Tinc Productions, a technical production firm with expertise across the live event landscape, including on- and off-Broadway shows, has signed a seven-year lease for 2,964 s/f on the sixth floor of 1560 Bdwy. in Times Sq.
Manhattan, NY GFP Real Estate, LLC has signed three leases at 171 Madison Ave. in Midtown South totaling 4,188 s/f. PBA USA, Inc., an Italy-based designer and manufacturer of bath ware and hardware accessories, signed a six-and-a-half-year
Manhattan, NY Cushman & Wakefield released its Legal Sector Leasing Insights report for the fourth quarter of 2023 alongside a January 2024 Office Market Update report.
Bronx, NY Ariel Property Advisors (Ariel) negotiated the $26 million sale of a 237-unit high-rise multifamily building at 1500 Noble Ave. An Ariel team comprised of Victor Sozio, founding partner; Shimon Shkury, president and founder; Jason Gold,