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Merchants Capital secures $25.2 million for 384-unit mixed-use affordable artist housing development

Manhattan, NY Merchants Capital secured $25.2 million in financing as part of the recapitalization and rehabilitation of Westbeth Artists Housing, a 384-unit historic, mixed-use affordable artist housing development. Westbeth Artists Housing is one of the oldest and largest affordable artist

Design Within Reach signs 39,440 s/f lease renewal at Industry City

Brooklyn, NY Design Within Reach (DWR), the furniture and home décor retailer, has renewed its 39,440 s/f outlet store lease at Industry City in Sunset Park. The 10-year lease extension underscores the brand’s continued success on campus and the ongoing evolution

Ferrara and Leonhardt of Brax Realty sell 174-176 5th Ave. for $13.2 million

Manhattan, NY Michael Ferrara, managing principal and Cole Kinney Leonhardt, investment sales associate of Brax Realty negotiated the sale of 174-176 5th Ave. for $13.2 million.

Kasirer promotes Kasirer and Greenberg; and launches new strategic consulting division

New York, NY Kasirer made known two promotions within its senior leadership team to support the company’s continued growth. Suri Kasirer has become chief executive officer. Julie Greenberg has been promoted to president.

Taconic Partners and National Real Estate Advisors welcome ALDI to The Ellery

Manhattan, NY Taconic Partners and National Real Estate Advisors have signed a lease with ALDI at The Ellery, a new luxury rental residential offering, designed by Handel Architects, that spans 32 stories in Midtown. The 25,000 s/f ALDI location will provide space

Orange Bank & Trust Company opens office at 3485 E. Tremont Ave.

Bronx, NY Orange Bank & Trust Company has opened a full-service office at 3485 E. Tremont Ave. in the Throggs Neck BID, marking the bank’s second location in the borough. The new office signifies the bank’s growth over the last several years and will support its

Cushman & Wakefield arranges 41,000 s/f lease at Rockrose’s 300 Park Ave. South

Manhattan, NY Cushman & Wakefield negotiated a 41,000 s/f lease at 300 Park Ave. South on behalf of the landlord, Rockrose Development. Flexible Finance Inc. (Flex) agreed to lease the top three floors of the 15-story building in Midtown South. The firm will relocate to the

Local Initiatives Support Corp. taps White to spearhead its national housing team

New York, NY The Local Initiatives Support Corp. (LISC) has named a decades-long leader in affordable housing, economic development and impact investing to spearhead its national housing team — ramping up efforts to deliver more capital and community-based support to address

IREON meet and mingle event hosted by Champion Elevator

Manhattan, NY Champion Elevator hosted the latest IREON meet and mingle event at the Champion Elevator headquarters. The event highlighted the importance of cultivating strong professional relationships while opening doors to new ventures.

IREON new member profile: Jimmy Moyen

Name: Jimmy Moyen Title: Principal Company: First Choice Mechanical Inc. Address: 1 Cross Island Plaza, Suite 317, Rosedale, NY 114...