Front Section

Pyramid Management secures new $81 million loan, for Galleria at Crystal Run

Middletown, NY Pyramid Management Group has secured a new four-year, $81 million loan on Galleria at Crystal Run. The financing consisted of a joint venture between GreenBarn Investment Group, an affiliate of Rithm Capital Corp., and InterVest capital partners, alongsid

Goldflam of HighCap Group sells 110,000 s/f
grocery-anchored shopping center for $17.25 million

East Greenbush, NY Josh Goldflam, co-founder and principal of Highcap Group, has arranged the sale of an 111,000 s/f grocery-anchored shopping center located at 592-596 Columbia Tpke., which sold for $17.25 million. The seller was a partnership of Jobsen Sacco and Sacco

Christie’s International Real Estate Group sponsors 2025 Hamptons Fine Art Fair

Southampton, NY 2025 Hamptons Fine Art Fair, one of the premier international art fairs in the Hamptons, wrapped its 19th year with over 15,000 visitors. Christie’s International Real Estate Group, a leading global luxury real estate firm, was a

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

Akerman expands national real estate practice with addition of Krieger

Manhattan, NY According to Akerman, recognized for one of the largest and most active real estate legal teams in the U.S. – with nearly 160 lawyers and development professionals advising owners, developers, and investors nationwide – Vivien Krieger has

Bradford of Kassin Sabbagh leases 7,500 s/f to Hashi Market at Union Sq.

Manhattan, NY Associate broker Conrad Bradford of Kassin Sabbagh Realty negotiated a 7,500 s/f lease for the Japanese supermarket chain Hashi Market at Union Sq. Hashi Market held a ribbon-cutting at 93 University Place on July 17.

Mashihi and Kates of Block Real Estate sell 159 Baltic St. for $6.9 million

Brooklyn, NY 159 Baltic St., a corner mixed-use property consisting of eight apartments and two store fronts sold for $6.9 million. The buyer was Aran Scott and the seller was Nathan Obstfeld. Sean Mashihi and Gabriel Kates, both managing directors of Block

Macerich to relocate to Durst’s 825 Third Ave.

Manhattan, NY The Durst Organization said that Macerich signed a lease for 12,000 s/f at 825 Third Ave. Macerich will relocate its local operations from Fifth Ave. to the 33rd floor of the 40-story tower. This lease at the LEED Gold-certified 825 Third Ave.

Lee joins Merchants Capital as senior vice president of originations

New York, NY Merchants Capital has added Serah Lee as senior vice president of originations. Based in the company’s New York office, Lee joins the sales team of Andrew Weil and Justin Ginsberg, both executive vice presidents of originations, and senior vice president

Turnbridge Equities leases 52,100 s/f to Sky Zone

Brooklyn, NY Sky Zone has signed a long-term lease for 52,100 s/f at single-story warehouse 2350 East 69th St. in the Bergen Beach section of the city for a new indoor trampoline park, according to Ryan Nelson, managing principal of Turnbridge Equities, the