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Kennedy Funding closes $1.445m loan to renovate Old Mill Guest House venue

Wallkill, NY A Hudson Valley retreat is expanding its footprint in the wedding events space, with help from Kennedy Funding. The N.J.-based, direct private lender closed a $1.445 million loan to 323 Old Mill LLC for Old Mill Guest House,

Cresa arranges renewal for The HOPE Program

Brooklyn, NY Cresa senior advisors Waite Buckley and Michael Herz have arranged a 10-year renewal lease for 7,500 s/f at 1 Smith St. for The Hope Program a non-profit organization that provides training and job placement for green jobs throughout New York City,

Six lender “cash trap” scenarios investors can avoid by investing in debt-free Delaware Statutory Trust real estate offerings - by Chay Lapin

Since our inception, Cove Capital has taken a contrarian approach to real estate investing in that we believe today’s current macroeconomic picture does not bode well for investors who are pushing for increased returns with the use of leverage. Cove Capital believes

SMPS names board of directors for 2025

New York, NY Society for Marketing Professional Services New York Chapter (SMPS-NY) has named its board of directors for the 2025 term. This team aims to advance marketing and business development in the AEC industry.

Walls up, steel underway at Crow Holdings Golden Triangle Logistics Center

Wallkill, NY With walls up and steel installation underway, construction is progressing on track at Golden Triangle Logistics Center according to Crow Holdings Development. The class A, two-building warehouse/distribution property sits on 92 acres in Orange

Kingsley, Karmitz and Edeen of Avison Young sell 15 West 36th St. for $21.5m

Manhattan, NY Avison Young has arranged the sale of the 81,082 s/f office property at 15 West 36th St. on behalf of seller Daval 36 Associates for $21.5 million. The property was managed by Walter & Samuels and, together with existing vacancies

MINISO joins roster at Cross Country Center

Yonkers, NY According to Marx Realty, MINISO is a new tenant at Cross County Center.

MINISO, the global lifestyle retailer, will take 4,000 s/f at Cross County Center in its first Westchester County location.

Powers, Ornstein and Cinti of OPEN Impact represent MoMath in 34,363 s/f lease at 635 Sixth Ave.

Manhattan, NY The National Museum of Mathematics (MoMath) will be moving to a new, larger location. The move signifies the growth and popularity of this 12-year-old New York City institution. MoMath’s new 34,363 s/f location at 635 Sixth Ave.

Pash joins TSCG as vice president

Manhattan, NY TSCG said that Kristen Pash, a retail leader with over 25 years of experience, has joined the company as vice president. Pash will focus on developing new business opportunities, collaborating with tenants, landlords, and developers.

Top 2024 legal developments affecting New York’s commercial real estate industry - by Thomas Kearns

1. City of Yes. The city passed a large and complex revision to local codes to promote construction of new housing. The changes are significant - experts, municipal departments and developers will no doubt take many months to fully analyze the hundreds of pages