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Gotham Organization and partners secure $314 million construction financing package for phase 1B of Innovative Urban Village

Brooklyn, NY Gotham Organization, in partnership with Monadnock Development, the Christian Cultural Center (CCC) and Reverend A.R. Bernard, as well as New York City Housing Development Corp. (HDC) & New York City Department of Housing Preservation and Development (HPD), closed on a $314 million construction financing

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,

Old Navy signs 55,000 s/f lease at JEMB Realty’s Herald Towers, 50 West 34th St.

Manhattan, NY Old Navy,  America’s #1 specialty apparel brand and retailer and the largest brand in the Gap Inc. (GAP) portfolio, and JEMB Realty (JEMB), a family real estate firm, made known that Old Navy has signed a long-term retail lease at Herald Towers, 50 West 34th St. The 55,000 s/f Old

Visit Binghamton partners with Ripe

Binghamton, NY Visit Binghamton is taking a step forward in enhancing its visitor economy. Visit Binghamton has partnered with Ripe to improve hotel visibility, drive direct bookings, and demonstrate the economic impact of tourism. Visit Binghamton has integrated Ripe’s booking tools across its website to provide

Didier and team join The Corcoran Group

Manhattan, NY Broker Whitney Didier has joined The Corcoran Group, making a move after a tenure at Douglas Elliman. Along with her, she brings The Didier Team — a group that held the Pinnacle Award for nine consecutive years and is known for its portfolio and track record.

Marx Realty leases 20,000 s/f to Riveron at 10 Grand Central

Manhattan, NY Marx Realty has signed a new 20,000 s/f lease with business advisory firm Riveron. The firm, which partners with private equity firms and other capital providers, is relocating from 461 Fifth Ave. and has committed to a 10-year term at the Grand Central office tower. The Meeting Galleries – a new

Orange Bank & Trust names Smith to head bank’s expansion into construction and trade industries

Middletown, NY Orange Bank & Trust Company has made an investment and deeper focus on the construction and trade industries. The bank has chosen Patrick Smith, SVP, former relationship manager of the bank’s Mount Vernon branch and a banker with knowledge of the construction industry, to spearhead this

Rosenberg & Estis represents The Durst Organization in restaurant lease at One Bryant Park

Manhattan, NY Rosenberg & Estis, P.C. (R+E) represented The Durst Organization on a new restaurant lease at One Bryant Park. Rosenberg & Estis member Jolie Meer and associate Meghan Paola negotiated a 15-year, 9,000 s/f lease with the Momoya, which will open an elevated new Japanese restaurant concept

Adirondack Capital Partners brokers $9.45 million sale of 74-unit Overlook Apartments

Troy, NY Adirondack Capital Partners negotiated the sale of Overlook Apartments, a 74-unit multifamily community. Michael Hunter Coghill of Adirondack Capital Partners represented the seller, Overlook Revive LLC, and the buyer, Corridor Ventures.

Foodservice accessibility: How automatic doors make restaurants more inclusive

New York, NY Restaurants and other foodservice establishments play an important role in creating inclusive, welcoming environments for all guests, including those with physical disabilities. According to the American Association of Automatic Door Manufacturers (AAADM), automatic doors are a key component of ensuring