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Romer Debbas LLP closes $10.1 million conventional acquisition loan for Greystone Servicing Company LLC

Indianapolis, IN Romer Debbas, LLP, an award-winning boutique law firm that specializes in all aspects of real estate and general practice, has successfully represented Greystone Servicing Company LLC (Greystone) in the

Ariel Property Advisors arrange $33.6 million sale of multifamily portfolio

Bronx, NY Ariel Property Advisors (Ariel) arranged the $33.6 million sale of a portfolio comprised of six multifamily elevator buildings located at 111-119 Tudor Pl., 1170-1176 Walton Ave. and 309 East 164th St. in the Concourse

Forever a Zero-Sum Game? - by Michael Ferruggia

Over the past several years, New York landlords, developers, investors and lenders have been realizing the impact and market disruptions affected by the Housing Stability and Tenant Protection Act of 2019 (HSTPA). This sweeping legislative initiative

TerraCRG sells adjacent mixed-use buildings for $5.37 million

Brooklyn, NY TerraCRG, a leading commercial real estate brokerage firm, has closed on the sale of two individual mixed-use buildings adjacent to each other on Park Slope’s 5th Ave. for a total of $5.37 million. Partner

Hoffman elevated to co-chair of Real Estate Group

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

Meridian’s Doshi and Mehra sell vacant building for $4.65 million

Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra closed on 356 West 48th St., a vacant five-story residential building. The 9,900 s/f property is currently configured with 21 apartments and has been vacant

Property Resources Corportation appoints Matt Linde CEO and Ben Linde COO

Property Resources Corporation (PRC), a leading New York City affordable housing developer founded in 1971, named principals Matt Linde, CEO, and Ben Linde, COO. In these roles, they will oversee the company’s strategic vision and expand its affordable and market-rate development portfolio while managing day-to-day operations

Merriman and Schwartz join Simone Development Companies

Bronx, NY Simone Development Companies has appointed two real estate industry veterans to senior positions in its construction and leasing departments. Roger Merriman is Simone Development

American Elevator Group promote Spinelli and Hoover

Bronx, NY According to Bryan Clairmont, president of American Elevator Group, two promotions have been completed, including that of Gregg Spinelli to the position of president of Bronx-based Eltech Elevator

HGAR appoints Currier as Interim CEO

White Plains, NY The Hudson Gateway Association of REALTORS (HGAR) Executive Committee has appointed Jana Currier as Interim CEO, to serve until the search process is complete and a candidate has been selected for the permanent