CBRE arranges two new office leases at 888 Broadway

Manhattan, NY CBRE completed two office leases at 888 Bdwy., an office property located between Union Sq., Gramercy Park and Madison Square Park and owned by a joint venture of Cannon Hill Capital Partners and Invesco Real Estate.

JLL Capital Markets arranges sale of 16-unit mixed-use property for $7.7 million

Manhattan, NY JLL Capital Markets brokered the $7.7 million sale of 515 West 47^th St., a five-story, mixed-use apartment building with one ground-floor retail space leased to The Jolly Goat Coffee Bar.

The Factory in Long Island City's latest lease bolsters tenant roster of unique tenant class

Long Island City, NY The tectonic shifts in the commercial office real estate sector around hybrid and remote work environments have been well-documented. However, one sub-sector, the maker space, stands out for its strength during this time. Makers are non-traditional businesses

Haussmann Development closes on $38.5 million construction loan with Urban Standard for 827 Sterling Place

Brooklyn, NY Haussmann Development has closed on a $38.5 million construction loan for 827 Sterling Pl. in the Crown Heights neighborhood. The seven-story project will feature 76 units of critically needed rental housing, including 23 affordable homes financed

Jafri Capital forms partnership with Prime Manhattan Development and Dan Choi Architects

Manhattan, NY Jafri Capital has formed a strategic relationship with Prime Manhattan Development (PMD), together tackling development projects. PMD is led by Grant Shapolsky who comes from a family

Biddle Real Estate Ventures and PCD Development's The Daymark has 25% of residences under contract

Sleepy Hollow, NY In just over two months since sales launched for The Daymark along the banks of the Hudson River, more than 25% of the residential property’s 100 new-construction condominium residences are under contract, according

Polsinelli and Cardillo of Compass have completed the sale of an iconic industrial property for a record price of $18 million

Queens, NY In an historic transaction that marks the end of a 50-year era, Adelaide Polsinelli, vice chairman of Compass, a pioneering real estate technology platform, in collaboration with Michael Cardillo, also of Compass, has completed the sale of an iconic

Highcap Group arranges the joint venture partnership sale of 94 Dune Rd.

East Quogue, NY According to sources linked to ownership, George Valliades, company director of Highcap Group, has arranged the joint venture partnership sale of 94 Dune Rd., for an undisclosed sum and partnership interest. The property is located in the South Hampton

The Oak & Avery Group complete four sales totaling $19.562 million

Hudson, NY The Oak & Avery Group negotiated the sale of four New York transactions totaling $19.562 million. 540 Joslen Blvd., Hudson, a 96-unit multifamily property purchased by a NYC-based firm, Hudson Communities

M&T Realty Capital Corp. appoints Cullen as affordable housing platform manager and names Bonomo as managing director

Manhattan, NY M&T Realty Capital Corporation (M&T RCC) has appointed Sean Cullen as affordable housing platform manager. Cullen will be responsible for overseeing affordable housing production, managing M&T RCC's relationship with numerous capital