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Newmark Knight Frank negotiates $20.5 million for Infinity Real Estate; Financing by Bridge Investment Group

Staten Island, NY On behalf of Infinity Real Estate, Newmark Knight Frank (NKF) has arranged a $20.5 million floating-rate loan for the acquisition of the Shops at Richmond Ave. The NKF team was led by vice chairmen and

Owner’s right to access an adjacent property under construction - by Raymond Castronovo

During any construction project, there often arises a need for construction activities to encroach upon an adjacent property. In fact, local building codes often require the owner of a construction project to protect and safeguard persons and

Hastings Capital completes total renovation for 327 Skidmore Rd. in Deer Park, Long Island

Deer Park, NY Hastings Capital, LLC continues to demonstrate an ongoing commitment to excellence and to turning Long Island’s underperforming properties into valuable resources. 327 Skidmore Rd. is Hastings’ latest turn-around.

Phillips of Largo places $49.5 million permanent financing

Buffalo, NY Jack Phillips, principal of the Largo Group of Cos., secured a $49.5 million permanent first mortgage to refinance the existing debt on a 478,000 s/f class A office facility.

Dunne, Bardsley, Neuer, Gavin, Pride and MacKenzie of CBRE’s Institutional Properties close $42.5 million

White Plains, NY CBRE’s Institutional Properties’ Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, Gene Pride and Stuart MacKenzie closed on the $42.5 million sale of Grand Street Plaza. The CBRE team represented the seller, an

Hildreth Real Estate Advisors acquires Long Island property for $1 million

Huntington, NY Hildreth Real Estate Advisors has purchased a two-story commercial property on Main St. for $1 million. Prior to closing, Hildreth signed ENDO Healing for the 1,408 s/f ground floor retail, which is expected to open by the end of the month.

Meridian Capital Group secures $18.85 million on behalf of Segal of Dynamic Star

Bronx, NY Meridian Capital Group arranged $18.85 million in acquisition financing for the CSX site within the Fordham Landing assemblage in the University Heights neighborhood on behalf of Gary Segal of Dynamic Star.

Hirschfeld Props. signs Icahn School of Medicine at Mt. Sinai to 207 East 94th St.

New York, NY The Icahn School of Medicine at Mount Sinai Hospital has expanded to 12,000 s/f on the second and third floors at 207 East 94th St., according to Elie Hirschfeld, president of Hirschfeld Properties and owner of

Community Preservation Corp. to go carbon neutral

New York, NY The Community Preservation Corp. (CPC) has committed to attaining carbon neutral operations during the 2020 calendar year. CPC retained EcoAct, an international sustainability consultancy, to

JLL completes two UWS sales totaling $9.15 million

Manhattan, NY JLL Capital Markets has completed the sales of 124 West 73rd St. and 164 West 81st St., a pair of walk-up buildings on the Upper West Side, for a combined $9.15 million in two separate transactions.