Long Island City, NY Over the course of several years, Avison Young’s tri-state debt & equity finance team has closed $1 billion in financing for 5Pointz, a 1,122-unit multi-family development. There were three financing phases: first, a $300 million construction loan;
Manhattan, NY Clarion Partners, LaSalle Investment Management, and Banyan Street Capital made known that City Year, Inc. and One Clipboard Inc. (dba Splash) are relocating to new pre-built units at 180 Maiden Ln., while current tenants Cover Whale and Royal Funding Group
Westbury, NY Samanea New York welcomes Beyond Monet: The Immersive Experience, showcasing more than 400 of Monet’s most iconic works of impressionism. Produced by Paquin Entertainment Group, Beyond Monet: The Immersive Experience will be located in the same
Spring Valley, NY Hudson Valley Property Group (HVPG) completed a $47 million preservation and renovation project at two properties: Lakeview Village, a 144-unit senior housing property, and Highview Apartments, a 76-unit family housing property.
Ronkonkoma, NY Tap Room, the bar and restaurant has leased 5,644 s/f at TRITEC Real Estate Company’s Station Yards project. A team from Colliers represented the landlord, including Maria Valanzano, Steve D’Orazio, and Jake Horowitz.
Brooklyn, NY Marcus & Millichap negotiated the sale of a retail center. The asset sold for $11.7 million. “It is rare to be able to purchase a new construction, 100% occupied shopping center in Brooklyn,” said Scott Plasky. “Even in a somewhat
Bronx, NY Rosewood Realty Group and GFI have brokered the $5.25 million sale of a six-story elevator multifamily building with 53 apartments. The building, 4030 Bronx Blvd. (between East 226
th and East 228
th St.) totals 50,338 s/f. The multifamily was
Farmingdale, NY NAI Long Island director Marian Campi-Conde negotiated a five-year lease at 24 Central Dr. on behalf of Tech Network. The landlord at 24 Central Dr. was represented by Leonard Gold of Finch Realty.
Brooklyn, NY Walker & Dunlop, Inc. arranged a $35.6 million loan to facilitate the refinance of a scattered site, sponsored by Grower Housing Development Fund Corp. The Section 8 affordable apartment portfolio comprises of 251 units, spanning eight buildings
Manhattan, NY LH Charney said that Kellwood Company and KBL Group International will both be relocating to 1441 Bdwy. in Times Sq. Kellwood Co. will occupy 19,000 s/f on the 18
th floor of the Times Sq. tower, while KBL Group will occupy a 9,000 s/f space on the eighth floor.
