H2M architects + engineers (H2M) now offers virtual reality (VR) services to their clients. These services include VR modeling of designed spaces that enable clients to “walk” through their buildings long before construction begins. VR technology is a useful visualization tool for anyone unfamiliar
Manhattan, NY Wells Fargo’s Community Lending and Investment has provided $288 million in financing to Joy Construction Corporation and Maddd Equities for the new construction of North Cove, a 100% affordable, mixed-use development located in the Inwood neighborhood.
Norwalk, CT According to Clarion Partners LLC and Marcus Partners, two new tenants will be relocating to Merritt 7. Consumer products marketing company MBI Inc. will be taking 32,648 s/f in the recently upgraded Building 501, while
Brooklyn, NY TerraCRG and Rosewood Realty, have brokered the $34.926 million sale of 50 North 1
st St., a 46-unit multifamily building in Williamsburg, to Reda Capital. Daniel Lebor and Matt Cosentino of TerraCRG along with Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty
Pearl River, NY Hudson Valley iCampus, owned by Industrial Realty Group, LLC, (IRG), closed lease and renewal deals totaling 337,589 s/f on campus, with a value of more than $40 million. The transactions took place between August 2021 and December 2022.
Manhattan, NY Oliver Scholars, a New York City-based non-profit organization that prepares high-achieving, underserved Black and Latino students in New York City for success at top independent schools and colleges, has inked a 12,832 s/f office lease at the
Manhattan, NY Brandon Eustace has joined Hudson Realty Capital as managing director of FHA originations. Eustace brings more than a decade of experience in FHA/HUD real estate finance. His addition comes as the firm’s FHA division continues to expand its
Manhattan, NY According to GFP Real Estate, Momenti, Inc. signed a new five-year lease for 4,949 s/f at 200 Varick St. in Hudson Sq. Robert Silver, Brittany Silver, Anthony Sciacca and Jamie Jacobs of Newmark
In last month’s column, I examined the challenges that New York City commercial real estate is facing in 2023 due to high inflation and the impact of recent rate hikes. However, this month I am pleased to share that after a challenging second half of 2022, the year is off
Copiague, NY United Properties Corp. has completed the sale of 1389-1395 Montauk Hwy. to IDN, LLC, a Queens-based entity, for $2.65 million. The 5,500 s/f retail strip, located on the signalized intersection of Montauk Hwy. and Strong Ave.