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Mojo Stumer completes design work for LABEL: New showroom, sales and office space in Manhattan

Manhattan, NY Mojo Stumer Associates (MSA) completed the design work for LABEL, a custom clothing company, at 6th Ave. The estimated cost for this project is $300,000. MSA’s Mark Stumer, AIA, principal, led the team with designer Joe Yacobellis, AIA, and interior designer  Jessica Licalzi. MSA took them from a strictly online presence to a new showroom/sales space and corporate head office.

Champion Elevator completes acquisition of Westech Elevator, continues expansion plans in New York

New York, NY Champion Elevator has acquired New York-based Westech Elevator, a provider of elevator service, repair, modernization, and inspections of elevators. The acquisition will be the foundation for Champion Elevator’s New York expansion plans. This will enhance Champion’s position as a partner to building owners as a leading independent alternative to the multinational elevator companies. Champion will provide employees the opportunities to be part of a family culture with advancement goals. 

Principals Direct Group hosts “Post COVID Valuations of Businesses & Real Estate” webinar

Islandia, NY Principals Direct Group (PDG) hosted a post-COVID valuations webinar on Monday, October 26th. Steve Kirschner, COO and broker representative of PDG and IREON founder, was the webinar moderator.

Commercial real estate: The mounting disconnect between buyers and sellers in a COVID economy - by Joshua Olshin

Distressed commercial real estate loans on the rise, while pricing of real assets remains sticky and transaction volume shrivels up. Severe buyer-seller disconnect, particularly in New York, will soon correct and present opportunities for investors.

Asset Preservation to offer free CE webinars in November for 1031 advisors, attorneys, CPAs and RE professionals

New York, NY Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in November. Pamela Michaels, Esq., senior VP of Asset Preservation, Inc. will lead the presentations, which are open to the public.

Executive of the Month: Johnny Din, CEO of Cycamore Capital, balances his business platform with giving back

New York, NY The New York Real Estate Journal (NYREJ) sat down with Johnny Din, CEO of Cycamore Capital and this month’s Executive of the Month. Cycamore Capital is a vertically integrated “Live-Work-Play-Create” real estate platform with a mission to curate spaces for

Marx Realty signs Target and H&M to Cross County Center in Yonkers

Yonkers, NY According to Marx Realty, a New York-based owner, developer and manager of office, retail and multifamily property across the U.S. and division of Merchants National Properties, Target and H&M have signed new retail leases at the rebranded Cross County Center

Longfellow Real Estate Partners and New York Blood Center reveal new Center East renderings

New York, NY New York Blood Center (NYBC), one of the nation’s largest independent blood centers and a non-profit institution which supports life science startups through groundbreaking research, unveiled plans for Center East. The applied life sciences hub will replace

Lantern Real Estate arranges $41 million in bridge financing on behalf of Double U Realty

Brooklyn, NY Lantern Real Estate arranged $41 million in bridge financing for 56 North 9th St., also known as 87 Kent Ave., a mixed-use multifamily and commercial property in the Williamsburg neighborhood on behalf of

SWBR and PARKlets for the People of Syracuse partner to celebrate National PARK(ing) Day

Syracuse, NY SWBR and PARKlets for the People of Syracuse partnered to mark National PARK(ing) Day on Friday, Sept. 18th. This is the third year SWBR has turned parking spaces on South Franklin St. into a