Westchester IDA votes preliminary approval of incentives for Yorktown redevelopment project

Yorktown, NY The Westchester County Industrial Development Agency (IDA) has voted preliminary approval of financial incentives for the redevelopment of a vacant car dealership on Rte. 202 into a 16,000 s/f school bus storage facility

Taylor and Falzarano of M&T Realty Capital place two loans totaling $24.3 million

Melville, NY John Taylor and Donna Falzarano of M&T Realty Capital Corp. placed two permanent loans totaling $24.3 million secured by 510 Broadhollow Rd. and 175 Pinelawn Rd. A long-term life company correspondent lender financed the

Stenson of Brax Realty sells two Hell’s Kitchen buildings for $10.55 million

Manhattan, NY Alan Stenson, senior director of locally-based investment sales brokerage firm Brax Realty has completed the sale of two Hell’s Kitchen buildings in separate transactions. The first sale was a 9,390 s/f

RFR Realty and JLL secure 137,660 s/f lease; Cushman & Wakefield reps. tenant, Blue Owl Cap.

Manhattan, NY According to RFR Realty, Blue Owl Capital, a global alternative asset manager with more than $119 billion in assets under management, has leased 137,660 s/f of office space at the RFR’s Seagram Building, located at

Lionheart Strategic Management and Centennial Bank
provide $142.2 million to BREV and PCD Development

Sleepy Hollow, NY Lionheart Strategic Management LLC, an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, provided a $37.2 million mezzanine loan behind a $105 million senior loan from Centennial Bank to a

Gov. Hochul announces six new partners selected in Empire Building Challenge to advance climate-friendly buildings

New York, NY According to Governor Kathy Hochul, six new real estate partnerships will join the State's $50 million Empire Building Challenge to help advance a climate-friendly building stock in New York State. The partnerships

Burlington Stores, Inc. expands by 34,591 s/f to occupy a total of 102,898 s/f at 1400 Broadway

New York, NY According to Empire State Realty Trust, Inc. (NYSE: ESRT), Burlington Stores, Inc. signed a full-floor expansion lease for an additional 34,591 s/f of office space formerly under lease to Uber

Luggage retailer TUMI signs 20,000 s/f lease for office space on East 34th

New York, NY Newmark has completed a 20,000 s/f office lease with luggage retailer TUMI at 16 East 34th St. in Midtown Manhattan. Newmark?executive managing director Matthew Leon, senior managing director

Allied Universal expands by 22,000 s/f with Empire State Realty Trust at 501 Seventh Ave.

New York, NY According Empire State Realty Trust, Inc. (NYSE: ESRT), Allied Universal expanded and relocated from a 12,000 s/f space at ESRT's One Grand Central Place to a 30,000 s/f space

TF Cornerstone signs french bakery Maman to lease at 95 Horatio St.

New York, NY According to TF Cornerstone (TFC), French bakery and cafe, Maman, has opened on the ground floor of its residential development The West Coast, located at 95 Horatio St. in the Meatpacking