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Ferrara and Leonhardt of Brax Realty sell $10.37m dev. site
Long Island City, NY Michael Ferrara, managing principal of Brax Realty and Cole Kinney Leonhardt, investment sales associate of Brax Realty negotiated the closing of 23-17 41st Ave. for $10.37 million.
Slate Property and PCCP acquire 123 East 54th St. for $37.7 million
Manhattan, NY Slate Property Group and PCCP, LLC acquired 123 East 54th St., a mixed-use property located in Midtown East between Park and Lexington Aves., for $37.7 million.
Polsky joins GTL as CFO
White Plains, NY Gary Polsky has joined GTL Construction as their new chief financial officer (CFO). He will be responsible for the oversight of day-to-day accounting and financial operations as well as creating budgets and forecasts and other special projects.
Joseph Kelleher, 70, of Hutch Management passed away
Katonah, NY Joseph Kelleher passed away at the age of 70 at home surrounded by his wife and two children on Friday, November 25, 2022. The cause of death was Glioblastoma, an aggressive brain cancer. He was diagnosed in May 2022.
Cosentino and Norris of TerraCRG sell 7,600 s/f mixed-use - $4.4m
Brooklyn, NY TerraCRG has closed on the $4.4 million sale of 5102 5th Ave. in Sunset Park. TerraCRG partner Matt Cosentino and senior associate Rémi Norris exclusively represented the seller on the deal.
Gilco Realty negotiates several Bronx leases
Bronx, NY After only joining Gilco Realty less than one month prior, Juan Velez has leased out two stores. The first was 3012 Bailey Ave. to a beauty salon.
MRA and Angelo Gordon purchase 135,000 s/f industrial for $28.3m
Ronkonkoma, NY Metropolitan Realty Associates (MRA) in partnership with Angelo Gordon, have acquired two industrial properties for $28.3 million. The properties–located at 195 13th Ave. and 2175 5th Ave.–are both single-tenant, single-story industrial assets and have a combined square footage of 135,000 s/f.
Perfetto of Cohen & Perfetto LLP honored
Manhattan, NY Since 2013, Louis Perfetto, the managing partner at Cohen & Perfetto LLP, has been selected by his peers for inclusion in the 29th edition of The Best Lawyers in America list.
CBRE brokers $12.1m sale of 10 townhomes at 1-10 The Pointe
Rye Brook, NY CBRE has completed the $12.1 million sale of The Pointe, a multifamily property. Comprised of 10 luxury townhomes, The Pointe was acquired by a private investor from Bowman Avenue Property, LLC.
Avison Young arranges lease for Pushkin Industries
Manhattan, NY Avison Young has arranged a new lease at 5 Union Square West on behalf of Pushkin Industries. The new, 10-year lease will expand the company’s footprint in the building from 6,000 s/f to 14,500 s/f. The new lease brings the building to 100% occupancy.
