Front Section
Colliers adds Owens to capital markets team
Manhattan, NY According to Colliers industry-leader Mark Owens has joined the firm as vice chair and national practice group leader, hospitality. Owens, one of the foremost experts in the sector with over 20 years of experience and long-standing professional relationships,Denham Wolf hires Hrobsky as Transactions manager
Manhattan, NY Denham Wolf Real Estate Services has hired Kate Hrobsky as Transactions manager. Hrobsky has experience analyzing, underwriting, and positioning real estate assets for sale and to purchase in alignment with a client’s missionNew York Building Congress welcomes board of directors’ class of 2025 & 2025 Emeriti
New York, NY At the annual membership meeting & construction industry luncheon, the New York Building Congress welcomed members to its board of directors’ class of 2025, its 2025 Emeriti, and acknowledged two retirements.Meridian Capital Group arranges $44.5 million in financing for The Hotel @ Times Square
Manhattan, NY Meridian Capital Group has arranged $44.5 million in financing to refinance The Hotel @ Times Square, a 213-key hotel propertyQuestion of the Month: What is a Uniform Land Use Review Procedure (ULURP)? - by Christopher Wright
The New York City Zoning Resolution was enacted in 1961 to provide the city with a comprehensive urban planning scheme consisting of different zoning designations based on a property’s location within a neighborhood. The drafters of the Zoning Resolution understood that NYC’s urban landscape would evolve over time.
Camber Property Group closes on 187 units totaling $56.4 million in Bronx properties
Bronx, NY Camber Property Group has closed on two 100% affordable properties, preserving and extending affordability for 187 units totaling $56.4 million, furthering its impact-driven investment strategy and Environmental, Social and Governance (ESG) focus.
Denham Wolf Real Estate names Innocent and Turner as new shareholders
Manhattan, NY Denham Wolf Real Estate—as it celebrates its 25th anniversary—named Ronzard Innocent and Christopher Turner as shareholders of the firm. Their new roles as managing directors and principals reflect their promotions from their respective roles as director of project management and director of transaction services.
John Marshall Media signs 4,944 s/f 10-year lease renewal at 630 Ninth Ave.
New York, NY Multi–Grammy Award-winning production studio John Marshall Media has signed a ten-year lease renewal for its 4,944 s/f on the 11th floor of 630 Ninth Ave., also known as the Film Center Building, with GFP Real Estate, LLC.
Blumenfeld Development Group signs Centers Urgent Care to 10-year lease at The Crossings
Syosset, NY The Blumenfeld Development Group (BDG) arranged the 10-year lease signing with Centers Urgent Care, a Medical Care company, at The Crossings in Hunts Point. The 2,000 s/f urgent care facility is scheduled to open in the summer of 2023.
ERG Commercial R.E. sells two adjacent multifamily buildings for $4.55 million
Yonkers, NY ERG Commercial Real Estate has sold two adjacent multifamily buildings for $4.55 million. The four-story buildings, at 502 and 508 Van Cortlandt Park Ave. in the McLean Heights neighborhood, features 46 units, totaling 38,948 s/f. The buildings were built in 1927 and 1922.