Front Section

Unger of KDA arranges 4,300 s/f Queens lease

According to Josh Dolgin, VP of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a 4,300 s/f lease for Rosado, Chechanover & Bayr...

New York developer Kessner to launch $100 million real estate fund

In what could be a hopeful sign for the real estate industry, long-time owner/developer Steven Kessner is about to reenter the real estate m...

Donohue, McCarthy, Gutierrez, Ceppos and Nugent of CBRE negotiate 17,103 s/f sublease in White Plains

American International Lifestyles (AIL), a health and wellness company, has signed an eight-year, 17,103 s/f sublease at 11 Martine Ave. Ori...

O'Brien of M.C. O'Brien brokers $2.85 million sale of 10,000 s/f building

M.C. O'Brien Inc. has completed sale of 1376 and 1414 Utica Ave., in the East Flatbush section. The $2.85 million sale was for a newly const...

Bane of Leslie J. Garfield represents seller in $8.995 million sale of 5,950 s/f multifamily

Leslie J. Garfield & Co., Inc. sold 17 Bank St., a five-story, 5,950 s/f, multifamily townhouse in original condition located between Greenw...

NYSERDA and PSC to provide $300 million for renewable energy projects

According to governor David Paterson, the New York State Energy Research and Development Authority (NYSERDA), in conjunction with the Public...

Mark Zborosky & Co. closes $3 million for 72-unit bulk apartment sale

Mark Zborovsky & Co., Inc. has closed on an all cash $3 million bulk sale of sponsor units. The sale was a block of 72 rent stabilized co-op...

Recession fading away today

Someone recently asked me if the New England Real Estate Journal was the oldest commercial/investment real estate newspaper in the country. ...

How new residential foreclosure laws affect commercial lending

On Dec. 15, 2009 Albany passed legislation that changes present residential foreclosure laws. These changes also have a substantial impact o...

Stassa of NAI Friedland Realty brokers $4.5 million sale of 34,500 s/f Bronx building

Rick Stassa, executive VP at NAI Friedland Realty, closed on the $4.5 million sale of former office/warehouse space of Our Lady of Mercy Med...