Front Section

MediaCo. leases at Savanna’s 48 West 25th St.

Manhattan, NY According to Savanna, a real estate investment manager, owner/operator and developer, there is a new 25,000 s/f long-term lease at 48 West 25th St. with MediaCo Holding, Inc. (MediaCo), owner of New York radio stations HOT 97 and WBLS.

Colliers secures 40,000 s/f lease for inclusive play center—CompletePlayground at 30 Broad St.

Manhattan, NY Colliers has arranged a 40,000 s/f lease for CompletePlayground, a nonprofit family activity center that offers programming for all children, including kids with special needs, at 30 Broad St.

Ashkenazy Acquisitions Corp. refinances retail condo of $20.6 million

Manhattan, NY Ashkenazy Acquisition Corp. (AAC), arranged a year-end refinancing of $20.6 million for The Chatham retail condo. The 25,673 s/f located on Third Ave., received a 10-year, fixed-rate loan

2023 NY Self Storage Association Investment Forum recap

Manhattan, NY The NY Self Storage Association (NYSSA) held its annual “Investment Forum” event in New York City, attracting the top self-storage companies’ real estate representatives who virtually all agreed that the industry would see a continuation of moderately rising

Container Store leases 15,676 s/f at FRT’s Huntington Shopping Center

Huntington, NY According to Federal Realty Investment Trust (FRT) The Container Store will join REI and Whole Foods Market at Huntington Shopping Center as part of its $75 million redevelopment. Additionally, Burger Village, Love Sac and Just Salad have signed leases for the center’s new pad site facing Rte. 110.

Hoffman elevated to co-chair of real estate group at Certilman Balin Adler & Hyman

East Meadow, NY Jodi Hoffman, partner at Certilman Balin Adler & Hyman, LLP, has been elevated to co-chair of the firm’s real estate practice group. Managing partner Howard Stein is her co-chair.

Walker & Dunlop structures $120 million financing for affordable housing rehab

Harlem, NY Walker & Dunlop, Inc. structured $120 million in financing for the rehabilitation of Audubon Houses, Bethune Gardens, and Thurgood Marshall Plaza (ABM), a 557-unit, three-building portfolio. The properties built between 1962 and 1985 are in need of significant upgrades.

Rock Brook welcomes Schirripa, executive director

Ken Schirripa, an industry veteran with more than 25 years of expertise in technology, infrastructure engineering, and construction management, has

Greater Binghamton Chamber of Commerce's "2023 Economic Forecast and Building BC Awards"

Binghamton, NY The Greater Binghamton Chamber of Commerce has announced the 2023 Economic Forecast and Building BC Awards, sponsored by M&T Bank, on Tuesday, February 14, 2023

Report: New York City’s housing construction pipeline is getting even weaker as supply crisis intensifies

A new report by the Real Estate Board of New York (REBNY) revealed that the rate of housing production in New York City is now falling even further behind the targets required to address the City’s worsening housing supply crisis