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Executive of the Month: As president of AKAM, Michael Rogoff is bringing hospitality-led services to NYC properties

New York, NY The New York Real Estate Journal (NYREJ) recently sat down with Michael Rogoff for a question and answer session. Rogoff is the president of AKAM.

Question of the Month: What are the goals of Local Law 97 and how does NYC plan to achieve them? - by Michael De Chiara

On its face, New York City Local Law No. 97 of 2019, known as Local Law 97 (LL97) is a very stringent performance-based law that mandates limitations on carbon emissions from

M.C. O’Brien Inc. finalize leases totaling 52,632 s/f

New York, NY M.C. O’Brien Inc. has finalized several lease transactions during the last 90 days totaling 52,632 s/f.

Victory Capital, Inc. arranges $6 million loan

New York, NY Michael Bivona, managing director at Victory Capital, Inc. has arranged a $6 million bridge loan with a two-year term for an interest rate of 4.85%.

Skyline Developers handles multiple leases totaling 113,69 s/f

New York, NY Skyline Developers (Skyline), the New York and New Jersey-based development firm owned by the Wilf family, has completed

Aquino of JAACRES completes three leases

New York, NY Joseph Aquino, president of JAACRES has completed multiple deals. Aquino arranged the 1,350 s/f lease of a Madison Ave. boutique for

DH Property Holdings sells Red Hook logistics center for $45m

New York, NY DH Property Holdings, LLC has sold 55 Bay St., an 83,000 s/f distribution facility in Red Hook, Brooklyn, to Brookfield for $45 million.

Warshauer and Davis of Colliers secures 89,488 s/f, 10-year lease

Ridgewood, NY Colliers has secured a 10-year, 89,488-s/f lease for ReadySpaces, a provider of small-scale, highly flexible shared warehousing, office space, and

Meridian Capital Group arranges $68.5m in construction financing

New York, NY Meridian Capital Group arranged a total of $68.5 million in construction financing for a mixed-use development in Brooklyn.

Klosed Properties acquires two properties for $23.5 million

New York, NY Klosed Properties’ has acquired 2651 Broadway for $15.5 million from Hank Fried. The mixed-use property is located on the southwest corner of Broadway and