Queens, NY Cushman & Wakefield announced that the real estate services firm has arranged a 4,518 s/f lease for Raising Cane’s at 39-20 Main St. The tenant will occupy space on the ground, mezzanine and lower levels of the property
White Plains, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a leading real estate firm serving New York City’s northern suburbs, has brokered the sale of a 10-unit multifamily building located at 19 Odell Ave., for $1.19 million
Manhattan, NY MAG Partners has secured a $196 million loan from funds managed by Elliott Investment Management L.P., in joint venture with an investment platform formed by Adi Chugh, to refinance Ruby, a luxury rental building that began leasing in late March
Brooklyn, NY ERG Commercial Real Estate announced the sale of a six-unit multifamily building for $800,000. The 7,308 s/f three-story building at 1251 Lincoln Pl. is a fully rent stabilized building built in 1908. It sold for a cap rate of 7.9%; $133,333 price per unit and $109 price
Manhattan, NY ATCO Properties & Management announced that six of its current office tenants have signed lease renewals totaling 29,668 s/f across three midtown properties: 555 Fifth Ave., 630 Third Ave
Manhattan, NY The Feil Organization, a premier national real estate investment firm, announced that it has signed a 10-year, 19,326 s/f lease with Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker across the entire 10th floor of
Managing multifamily properties has never been more complex, with ever-changing regulations, apartment repairs, and resident demands forcing property managers to become adept jugglers. Yet the industry has mostly lagged when it comes to automation and technology in general, with most offices still mired in excessive paperwork, inefficiencies, and separate systems for different tasks
Manhattan, NY AMA Group, an industry leading engineering firm dedicated to providing best-in-class design and implementation for a variety of project types nationwide, announced that Stephen Horner has joined the team as principal of the East Coast Lighting Design Business Unit
Manhattan, NY HKS Real Estate Advisors announced the successful sale of the development site at 360 West 52nd Street for $3.35 million ($362 per s/f). This transaction, led by Cadence Development in partnership with HOH Capital Partners and Deal Lake Capital, marks a significant expansion
Newmark has recently raised $500 million from an institutional investor to capitalize a new cold storage operating and development platform, Envision Cold (Envision). This investment allows Envision to acquire and develop over $1.5 billion of cold storage assets. Newmark advised on the equity raise and formation of the company. The team was led by Newmark's co-presidents of Debt & Structured Finance, Jordan Roeschlaub and Dustin Stolly
