Brooklyn, NY The Hudson Companies closed on a $28.3 million capital restructuring deal for House No. 94, a constructed mixed-income and mixed-use residential building in North Williamsburg. Brokered by Newmark, financing
Manhattan, NY The Skyscraper Museum’s 2023 “Making New York History” Award, which recognizes remarkable individuals and buildings that shape New York City’s skyline, went to L&L Holding Company’s CEO and
Bayshore, NY According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (“MRA”), MRA has completed the refinancing of 81 Spence St. The refinancing occurred after securing an extended long-term lease with Duro Dyne National Corporation
Brooklyn, NY JLL Capital Markets has arranged a $165.584 million refinancing for 365 Bond St., a 430-unit multi-housing property in Gowanus. JLL represented the borrower, Lightstone to secure the five-year, fixed-rate loan through Freddie Mac Multifamily.
In a world where everything, from shopping to banking, is done on the internet, the ability to research due diligence effectively and quickly on real estate is a major asset to buyers, lenders, brokers, and attorneys
Uniondale, NY As Sahn Ward begins its 25th anniversary year, Elisabetta Coschignano has become a member of the firm. To recognize this milestone, and Coschignano’s accomplishments and contributions to the firm’s growth and development
Brooklyn, NY Michael Sherman, founder of Baseline Real Estate Advisors completed the sale of The BK Package consisting of 16 units in Carroll Gardens, Park Slope and downtown Brooklyn for $15.2 million. The four properties are 74
Baltimore, MD M&T Realty Capital Corporation (M&T RCC), a wholly-owned subsidiary of M&T Bank specializing in providing competitive financing nationwide for multifamily properties, commercial income properties, healthcare facilities, and other property types, has a series of organizational changes designed to
Montebello, NY Rand Commercial completed the sale of two parcels at 100 and 300 Rella Blvd. (55.08-1-5 and 1-6) sold to Montvale, NJ-based Rella Owner LLC. The two parcels, totaling 19.34+/-acres sold for $6.73 million
Commercial property owners should be aware of the rules and regulations governing the complex sales and use tax issues that affect the New York commercial real estate industry. These include the taxability
