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Nowak joins Certilman Balin Adler & Hyman's commercial lending group

East Meadow, NY Jessica Nowak has joined Certilman Balin Adler & Hyman, LLP as an associate in the commercial lending and banking group

Aurora Capital Associates & Midtown Equities collaborate with Newmark to secure a $90 million refinance of 240 Bedford Ave.

Brooklyn, NY On behalf of a Joint Venture led by Aurora Capital Associates, Midtown Equities and ACHS Management (collectively the “Sponsorship” or “Sponsor”), Newmark successfully arranged the $90 million refinancing for 240

REI at SBU College of Business hosts joint panel event on "Reimagining the Modern Office Space"

Farmingdale, NY The Real Estate Institute (REI) at Stony Brook University (SBU) College of Business will hold a joint panel event on October 20th, 2023. The Fall Luncheon, titled "Reimagining the Modern Office Space," promises an exploration of the evolving landscape of work environments.

Short Term Capital finances $4.5 million acquisition loan

Manhattan, NY Short Term Capital has funded a $4.5 million one-year, interest-only acquisition loan secured by a five-story Midtown office building. The 13,000 s/f building with ground floor retail at 150 W 36th St., is located

Durst, Newmark and Manhattan Boutique Real Estate lease 117,181 s/f to Empire State Development at 655 Third Ave.

Manhattan, NY The Durst Organization said that Empire State Development (ESD) has chosen 655 Third Ave. for its New York City headquarters. ESD, New York State’s economic development and financing agency, is taking five full floors of the building totaling 117,181 s/f

Tishman Speyer secures three leases totaling 112,000 s/f at The Spiral

Manhattan, NY Tishman Speyer has secured agreements with three investment firms to occupy a combined 112,000 s/f at The Spiral, its recently-completed 66-story office tower on the West Side of Midtown.

Douglas Elliman celebrates 108 Leonard rooftop

Manhattan, NY Brokers gathered to celebrate the opening of the rooftop at 108 Leonard, the neoclassical landmark restored and reimagined to comprise 167 homes in TriBeCa. The landscaped rooftop is the final installment in 108 Leonard’s 20,000 s/f of amenity spaces.

Greystone provides $18.3 million in Fannie Mae DUS financing

Brooklyn, NY Greystone has provided a $18.296 million Fannie Mae Delegated Underwriting & Servicing (DUS) loan to refinance a 154-unit multifamily property. The financing was originated by Anthony Cristi, managing director at Greystone.

Ariel Property Advisors brokers sale of
three NYC properties - $10.98 million

Brooklyn, NY Ariel Property Advisors has arranged the sale of three properties in Northern Manhattan, Brooklyn and the Bronx for $10.98 million.  The transactions included the following:

Jack Resnick & Sons finalize two leases - 108,086 s/f at One Seaport Plaza

Manhattan, NY Jack Resnick & Sons has finalized two lease renewals totaling 108,086 s/f of office space with two social service organizations at One Seaport Plaza, its 1.1 million s/f property located downtown at 199 Water St.