TerraCRG and Rosewood Realty sell 46-unit multifamily building

TerraCRG and Rosewood Realty, have brokered the $34.926 million sale of 50 North 1st St., a 46-unit multifamily building, to Reda Capital. Daniel Lebor and Matt Cosentino of TerraCRG along with Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty exclusively

Hudson Realty Capital hires Eustace as managing director of FHA Originations

Manhattan, NY According to Hudson Realty Capital, an integrated commercial real estate investment management firm, Brandon Eustace has joined the company as managing director of FHA Originations. Eustace brings more than a decade of experience

Hopple named partner at LERA

Manhattan, NY According to LERA Consulting Structural Engineers (LERA), an award-winning structural engineering consulting firm, Patrick Hopple, P.E., has been named a partner. With the firm since 2006, Hopple is a leader of LERA’s federal government

Altman joins JLL’s M&A and Corporate Advisory platform as senior managing director

Manhattan, NY According to JLL Capital Markets, Jeffrey Altman has joined the firm’s M&A and Corporate Advisory platform as a senior managing director. Altman will join JLL’s 13-banker U.S. M&A team headed by Steve Hentschel, global co-chairman

Partnership for New York City announces 2023 class of David Rockefeller Fellows

The Partnership for New York City has announced the 2023 class of David Rockefeller Fellows, an immersive one-year program in which business executives learn how decisions are made, services delivered, and power is exercised in the nation’s largest

Adidas renews 30,000 s/f retail lease for downtown flagship at 610 Broadway

Manhattan, NY JLL said that Adidas has signed a 10-year renewal for its downtown flagship store at 610 Broadway in one of the largest retail transactions to close in the Soho market in 2022. The multinational sportswear brand occupies a three-level, 30,639 s/f in the building

Levine, Lipton, and Hindmarch of Invictus Property represented the buyer of 28 Herbert St.

Brooklyn, NY 28 Herbert St., a prime development site in Williamsburg, sold for $9.04 million. Andrew Levine, Josh Lipton and Jax Hindmarch of Invictus Property Advisors procured the buyer while Jacob Stavsky of Stav Equities represented the seller in this off-market transaction.

JLL’s hotels & hospitality group closes sale of Mr. C Seaport

Manhattan, NY JLL’s Hotels & Hospitality Group announced today that it has closed the sale of Mr. C Seaport, a 66-key boutique luxury hotel in the Seaport District. JLL represented the seller, Atlantic Pearl Investments, Inc.

The Arker Companies and Slate Property Group sign lease 27,676 s/f to ShopFair Supermarkets at Edgemere Commons

Queens, NY According to The Arker Companies and Slate Property Group, ShopFair Supermarkets signed a 25-year, 27,676 s/f lease agreement at Edgemere Commons, a mixed-use development located in Edgemere.

Newmark arranges $535.8 million acquisition and redevelopment financing of 25 Water St.

Manhattan, NY Newmark has arranged a $535.8 million loan on behalf of GFP Real Estate (GFP), Metro Loft Management and Rockwood Capital for the acquisition and redevelopment of 25 Water St.