Front Section

Carlos, Dzenis and Pednekar join JLL

Manhattan, NY David Carlos has joined JLL as vice chairman and head of nonprofit, education and government practice. He will be joined by colleagues, Andrew Dzenis, who will serve

Investment Property Realty Group negotiates multiple closings totaling $28.684 million

Brooklyn, NY Investment Property Realty Group (IPRG) negotiated nine real estate transactions in New York City. 550 Van Buren St., Brooklyn for $4.78 million. This property is located between Broadway and Patchen Ave. The building is built

West Side Community Fund names fall 2023 grant recipients

Manhattan, NY The West Side Community Fund (WSCF), a consortium of leading businesses and firms that come together to support neighborhood initiatives in the west side of the city, named the allocation of $100,000 to 21 grant recipients as part of its bi-annual grant

Mediapro Studios at Great Point Studios breaks ground

Yonkers, NY Mediapro North America held a groundbreaking of Mediapro Studios at Great Point Studios. The event took place on November 6, 2023 at 1500 North Bdwy. with mayor Mike Spano in attendance as well as key executives and stakeholders from Mediapro

Newmark advises BREIT on $2.2 billion sale of Simply

New York, NY Newmark Group, Inc. served as the co-lead advisor to Blackstone Real Estate Income Trust, Inc. (BREIT) on its sale of Simply Self Storage (Simply) to Public Storage for $2.2 billion. Newmark’s capital markets national

EJS Group closes on $112.5 million construction loan

Manhattan, NY EJS Group has closed a construction loan for its 200 East 75th St. project on the Upper East Side. Bank OZK provided a $112.5 million financing package for the residential property, which will include 36 condominium residences

The art of the interview in 2023 - by Harry Zlokower

There was a time when one-on-one press interviews were often in-person meetings over lunch, cocktails or coffee, or by telephone. Now, much is done in writing via e-mail or social media. That is not to say “in-person” does not happen, but with reporters working

Ariel Property Advisors capital services team closes $20 million in loans

Brooklyn, NY The capital services group for Ariel Property Advisors (Ariel) recently arranged five loans totaling more than $20 million to finance the construction, acquisition and refinancing of properties throughout the borough.

Westchester LDC votes preliminary approval of $52 million tax-exempt bond for redevelopment of 187,000 s/f

Rye, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval on October 20th of $52 million in tax-exempt bond financing for the redevelopment of the former Avon headquarters into a 187,000 s/f facility

The Moinian Group’s 535 Fifth Ave. reaches 90% occupancy

Manhattan, NY The Moinian Group said that its 535 Fifth Ave. office and retail property in Midtown has now reached 90% leased, with tenant Altice USA taking the entire 23rd floor.