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Featured Columnist: The importance of maintaining property - by C. Jaye Berger

When buildings are having repair work done, they are very focused on completing the work as specified in the particular specifications and

Goldflam of Highcap Group arranges $8.7m sale of Middletown Walgreens

Middletown, NY Josh Goldflam, co-founder and principal of Manhattan-based commercial real estate firm Highcap Group,

Phillips of Largo secures $11.25 million

Buffalo, NY Jack Phillips, principal of the Largo Group of Companies, arranged an $11.25 million permanent first mortgage

Bestreich Realty Group closes $3.5 million sale

Manhattan, NY Bestreich Realty Group (BRG) closed the sale of 666 9th Ave. in Hell’s Kitchen for $3.5 million.

Cook Properties acquires 2,300-pad manufactured housing portfolio; secured by a $69.5 million Fannie Mae Credit Facility loan

Rochester, NY Cook Properties has acquired a 2,300-pad manufactured housing portfolio, making Cook the largest owner/operator of manufactured housing

Blumenfeld Development Group and Brookfield Properties lease 19,687 s/f to Ashley HomeStore

Manhattan, NY According to Blumenfeld Development Group (BDG), Ashley HomeStore signed a 10-year lease at East River Plaza.

Axiom Capital Corp. structures $6 million permanent loan to refinance 18,694 s/f medical building in Queens

Queens, NY Axiom Capital Corp. has structured and arranged a $6 million permanent loan (10-year, fixed rate, non-recourse) for the refinance of a

Rochester Management’s Zion Hill Senior Apts. achieves LEED for Homes Gold; design by SWBR

Rochester, NY According to SWBR, Rochester Management’s Zion Hill Senior Apartments has received LEED for Homes Gold Certification from the U.S. Green Building Council.

GFP Real Estate brokers 11 leases at 230 Fifth Ave. totaling 15,525 s/f

New York, NY GFP Real Estate, LLC completed 11 new lease transactions totaling 15,525 s/f at the Flatiron District’s 230 Fifth Ave., also

Hempstead IDA gives final approval to Carman Place Apartments development

Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has given final