Front Section

Wiesenberg and Caruso of CBRE act for Stillman Management Realty in 12,900 s/f lease

Harrison, NY CBRE arranged a 12,900 s/f lease for Stillman Management Realty at 440 Mamaroneck Ave. The property management firm, which was established following Garthchester Realty’s acquisition of Stillman Property Management, renewed its

Ground leased hotels - by Thomas Kearns

Because of my firm’s extensive ground lease practice, I have been involved in several default scenarios since the Coronavirus first started to affect New York City hotels. First, it’s important to remember that the city’s hotel market had been

Westchester County’s Local Development Corp. board approves $340 million bond financing

White Plains, NY The Board of Directors of Westchester County’s Local Development Corp. (LDC) has voted to approve $340 million in bond financing for two major not-for-profits.

SL Green completes $600 million refinancing

Manhattan, NY SL Green Realty Corp. closed on a new $600 million construction facility for 410 Tenth Ave., the company’s 636,000 s/f office redevelopment anchored by Amazon and First Republic Bank.

RFR acquires 575,000 s/f Midtown office tower for $350 million

Manhattan, NY According to RFR, it has acquired 522 Fifth Ave. in a $350 million transaction. The 23-story office tower is centrally located at 44th St., near some of the city’s transportation hubs

SMPS-NY names 2020-21 Executive Committee and Board of Directors

New York, NY SMPS-NY named a new Executive Committee and Board of Directors for the 2020-2021 chapter year.

Adduci of Certilman joins St. Johns University as an adjunct law professor

New York, NY Carrie Adduci, associate in the Real Estate Practice Group at Certilman Balin, is teaching a course in Applied Legal Analysis as an adjunct professor at

T. Weiss Realty Corp. staff participate in beach cleanup

strong>Melville, NY Members of T. Weiss Realty Corp. staff participated in the removal of invasive plants and assisted in a beach cleanup

Kanney of KW Commercial Hudson Valley North awarded CCIM designation

Kingston, NY Nathan Kanney, CCIM, advisor at KW Commercial Hudson Valley North, has received the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute. The designation

Marcus & Millichap appoints DeGennaro CFO

Calabasas, CA Marcus & Millichap appointed Steve DeGennaro as CFO. DeGennaro will succeed Marty Louie, CFO since 2010.  Louie will