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Goldman Sachs Asset Management and Triangle Equities finalize $136 million recapitalization of Terminal Logistics Center

Jamaica, NY A new Joint Venture between the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) and Triangle Equities has completed a $136 million purchase of Terminal Logistics Center, a two-story, 184,747 s/f industrial

2023 REBNY AWARDS - Frederick Marek

This member award was established in 1991 by REBNY’s Commercial Brokerage Divisions; it honors a REBNY broker with personal and professional integrity, long-term leadership and prominence in the brokerage community and participation in REBNY’s committees. Named for an exemplary broker

2023 REBNY AWARDS - John Santora

The Kenneth R. Gerrety Humanitarian Award was first given in 1989. It recognizes REBNY members’ outstanding service to the community. The award memorializes Kenneth Gerrety who served REBNY as Executive Vice President for 18 years.

Sage Realty and Principal Asset ManagementSM sign 8,201 s/f in new leases at 77 Water St.

Manhattan, NY Sage Realty (Sage), the leasing and management division of the William Kaufman Organization (WKO), and its real estate partner, Principal Asset ManagementSM, have signed two new leases totaling 8,201 s/f at 77 Water St. located in the Financial District.

Walker & Dunlop arranges debt and equity for $146 million logistics facility

Queens, NY Walker & Dunlop, Capital Markets arranged a $94 million construction financing and $49 million in equity placement to facilitate the development of Wildflower Ltd.’s $146 million College Point Logistics Center, a class A logistics warehouse development located

Riney, Salvatico, and Ferman of Marcus & Millichap arrange sale of 150 Lawrence St. for $22.5 million

Brooklyn, NY Marcus & Millichap brokered the sale of 150 Lawrence St., a 19,437 s/f mixed-use building on a 64.08 ft. by 100 ft. lot with 71,990 s/f of air rights. The asset sold for $22.5 million.

2023 REBNY Honorees - Frederick Marek - The Louis Smadbeck Memorial Broker Recognition Award

Frederick Marek brings more than four decades of New York City commercial real estate experience with him to Helmsley Spear LLC. Frederick is dedicated to advising tenants in the NYC office market, with a heavy focus on those in the legal and financial service industries.

Tannor and Gerstein of Lee Assocs. and Skulnik and Zegans of Ripco lease 2,500 s/f retail at 32 Howard St. to Schott NYC

Manhattan, NY KPG Funds (KPG) and Intercontinental Real Estate Corp. (Intercontinental) have leased retail space at 32 Howard St. (a.k.a Howard x Crosby) to Schott NYC. Plans for the retail store include a gut renovation and upgrade from their existing NYC location on Elizabeth St.

Mandell of GFP Real Estate signs eight leases totaling 13,291 s/f at 209 West 38th St.

Manhattan, NY GFP Real Estate, LLC has signed eight lease transactions totaling 13,291 s/f at 209 West 38th St. Mathew Mandell of GFP represented the landlord, GFP R.E., in each of the transactions.

2023 REBNY AWARDS - Daniel Doctoroff

This public service award was presented for the first time in 2017. It is awarded to a New Yorker who has displayed exceptional accomplishments and service in the public’s interest. It is named for the late John E. Zuccotti, Chairperson of REBNY from 2004 to 2006 and a longstanding member of its Executive Committee.