Brooklyn, NY Ariel Property Advisors (Ariel) has arranged the sale of multiple properties across the borough, totaling more than $20 million. “Spanning development sites, mixed-use and multifamily assets, these transactions underscore the continued strength of Brooklyn’s real estate market and
Long Island City, NY The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group made known that two new retail leases totaling 4,560 s/f at Jasper, a mixed-use development, have been signed. The new tenants Peanut and Honey, a children’s clothing store, and KidStrong, a children’s athletic
Non-recourse loans are the market standard for sophisticated New York real estate transactions. Non-recourse means the lender only has recourse against the property itself. There is no liability for the borrower or any principal of the borrower for any shortfall other than what are known as carve-outs – those are certain
Irondequoit, NY Largo Capital closed a $17.35 million bridge loan for Culver Ridge Plaza, a 291,000 s/f shopping center. The financing was secured through Bank of America, with Kevin Ross leading the transaction and support from Michelle Colosimo.
Brooklyn, NY Acejan Capital has acquired the technology and intellectual property of Supplies Buddy, including its brand name. This strategic move is aimed at enhancing the development of innovative solutions for tracking inventory, equipment, machinery, waste bins, paper towel dispensers, safety alerts, employee tasks,
Manhattan, NY 590 Madison Ave., the one million s/f office tower with office and retail space managed by Edward J. Minskoff Equities, signed a lease with Apollo Global Management (Apollo) for 100,000 s/f across four full floors.
Manhattan, NY Arrow Real Estate Advisors has acquired 317 and 321 East 17
th St. The two properties were acquired from Mount Sinai Hospital and were used as medical offices for the hospital. Located in the Gramercy neighborhood, the two properties will both be converted into residential housing. Morris Betesh
When evaluating a Delaware Statutory Trust (DST) investment for a 1031 exchange or direct cash purchase, investors often focus on the asset itself — location, tenant, lease structure, and potential returns. However, one of the most critical, and often overlooked, factors is the track record of the DST sponsor. Taking a close
Manhattan, NY WX New York Women Executives in Real Estate’s (WX) 2025 Woman of the Year Gala will honor Sonia Kaur Bain, a partner in the real estate group at Blank Rome LLP. The gala will take place on October 9 at The Plaza.
Manhattan, NY RFR sold 522 Fifth Ave., the 23-story, 600,00 s/f class A office building located at the southwest corner of Fifth Ave. and West 44
th St., to an owner-occupier. RFR acquired 522 Fifth Ave. from Morgan Stanley in 2020. The firm then developed a comprehensive repositioning plan, including
