Front Section

Eastern Union closes loans from 121 lenders across U.S. in 2024

Manhattan, NY In a market beset with stubbornly high interest rates, Eastern Union – one of America’s largest commercial real estate brokerages – placed and closed loans with 121 lenders in 2024.

Resource Realty leases 312,567 s/f Maybrook Logistics Center

Montgomery, NY Resource Realty of Northern New Jersey (Resource Realty) has arranged a 312,567 s/f single-tenant lease of Maybrook Logistics Center, a newly developed class A industrial project at 134 Neelytown Rd. Firm principals Tom Consiglio, SIOR, and Scott Peck, SIOR, represented the landlord, Brookfield Properties

Ahamed of Helmsley Spear leases 7,600 s/f

Long Island City, NY Helmsley Spear, LLC represented United Universal Management in the lease of 7,600 s/f located at 33-55 and 33-67 Crescent St. Helmsley Spear’s Showket Ahamed, associate broker, represented the tena

$492 million PACT renovation completed at 1,600 unit Williamsburg Houses

Brooklyn, NY NYCHA and partner team, RDC Development, a joint venture between Wavecrest Management and MDG Design & Construction, completed the $492 million comprehensive renovation of Williamsburg Houses as part of the Permanent Affordability

JEMB Realty signs Rubenstein Law to 5,000 s/f at 1 Willoughby Sq.

Brooklyn, NY JEMB Realty signed a 5,000 s/f lease with Miami-based Rubenstein Law for a long-term lease at 1 Willoughby Sq.(1WSQ). Rubenstein Law, recognized as the nation’s leading personal injury law firm, represents clients nationwide and will be relocating

Ariel Property Advisors arranges sale of 190 Third Ave. - $4.35 million

Manhattan, NY Ariel Property Advisors (Ariel) has arranged the sale of a vacant four-story, 5,980 s/f landmarked commercial building with 17,000 buildable s/f of air rights at 190 Third Ave. in the Gramercy Park neighborhood. The property, also known

King and Friedman of Lee & Assocs. NYC lease 8,995 s/f at 45 West 45th St.

Manhattan, NY Lee & Associates NYC represented healthcare marketing and communications firm, 120/80 GROUP, in a new four-year and four-month lease at 45 West 45th St. in Midtown. The lease consists of the entire third floor totaling 8,995 s/f.

Matheos Realty Group closes two properties in Bedford Stuyvesant for $2.365 million

Brooklyn, NY Matheos Realty Group negotiated the closing of two 3-unit properties in the Bedford Stuyvesant neighborhood. The combined sale price totaled $2.365 million. The first property, located at 120 Ralph Ave., sold for $1.2 million, which equates to $461 per s/f

JafCap forms partnership with technology firm Light RFP

Manhattan, NY JafCap closed it’s first investment deal with Light RFP, a technology firm specializing in streamlining the request for proposal (RFP) process. This partnership signifies a strategic move for both companies, as JafCap aims to leverage

SMPS-NY hosts panel discussion on opportunities and challenges of commercial to residential conversions

Manhattan, NY The Society for Marketing Professional Services New York Chapter (SMPS-NY), the premier organization for marketing professionals in the architecture, engineering, and construction (AEC) industry, recently hosted an informative panel discussion on