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Madison Realty Capital partners with Frontline Food Trucks to support the healthcare workers at Richmond University Medical Center

New York, NY Madison Realty Capital (MRC) is partnering up with Frontline Food Trucks to support the healthcare worker heroes at Richmond University Medical Center

Cushman & Wakefield arranges $4.75 million sale of development site–Shapiro, Squires and Berniker act for seller

Bronx, NY  Cushman & Wakefield arranged the sale of 6375 Broadway, a 55,142 buildable s/f development site in the Riverdale neighborhood. The sale price was $4.75 million.

Merchants Capital secures $35 million loan on behalf of Freddie Mac, Bayrock Capital

Queens, NY Mortgage banking company Merchants Capital has secured $35.4 million in agency funding for a 133-unit multifamily transitional housing facility located on Jamaica Ave. The project – known as Jamaica Apartments

1031 exchange strategies in a COVID impacted RE market: Extended identification period - by Pamela Michaels

Recently, one of my NYC clients was on the fence about whether to initiate a 1031exchange. Her query: Would she have enough time to find replacement property in the 45-day identification period given the lockdowns and restrictions imposed in NYC due to

JLL to arrange JV equity for BRP Cos’ Archer Towers project

Queens, NY JLL Capital Markets was selected by BRP Companies to arrange $286 million in joint venture equity financing for the construction of Archer Towers.

NYC exiles flee to suburbs and surrounding states amid COVID-19 outbreak - by Michael Weiser

The COVID-19 crisis has not only rocked the entire New York City economy and way of life, it has also begun to reshuffle the demographic of the city.

Rynarzewski and Gladstone of Piermont Bank place $8 million for Nassi of Buchanan Development

Bronx, NY Craig Nassi of Buchanan Development LLC has closed on $8 million in financing for 65 Buchanan Pl. The financing was placed by  Robert Rynarzewski and Andrew Gladstone of Piermont Bank.

Greystone closes $65 million Freddie Mac loan for Lions Group multifamily project in Long Island City

Queens, NY Greystone has provided a $65 million Freddie Mac loan to an affiliate of The Lions Group to refinance One LIC, a brand new 20-story, 110-unit (70% market-rate/ 30% moderate income) multifamily rental apartment located at

Simon of Admiral Real Estate Services secures two leases at Mount Kisco Commons

Mount Kisco, NY According to Admiral Real Estate Services Corp., The Greener Dry Cleaner and Mint Kisco Dental will be opening new locations at Mount Kisco Commons Shopping Center at 195 North Bedford Rd.

Graf of Houlihan-Parnes Realtors arranges $3.5 million refinance

Bronx, NY Ed Graf of Houlihan-Parnes Realtors, LLC has arranged for first mortgage refinancing for a single tenant Dialysis Center.