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Paul and Samuel Adler of Rand Commercial Receive HV Chapter of NYSCAR Economic Development Dealmakers Award

Valley Cottage NY Paul Adler, Esq., SIOR and Samuel Adler were awarded the Economic Development Award for the successful transaction they brokered in connection with the sale of 400 Corporate Court, Valley Cottage NY.

Phillips of Largo secure refinance for industrial property

East Syracuse, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance a +/- 530,000 SF multi-tenanted industrial/distribution property. The project has been

Cohen of Leviathan Capital arranges $2 million construction loan

Brooklyn, NY According to Leviathan Capital, Peter Cohen has successfully closed a $2 million construction loan in the Cobble Hill neighborhood

Cushman & Wakefield arranges $24 million in office acquisition financing for The Plant

Manhattan, NY According to Cushman & Wakefield, the firm’s Austin-based Equity Debt & Structured Finance (EDSF) team of Chase Johnson and Caleb Riebe has closed $24 million in acquisition financing for The Plant, a 246,343 s/f office building

Marcus & Millichap brokers $5.95 million sale of mixed-use building

Manhattan, NY Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, have completed the sale of 133 Eldridge St., a five-story mixed-use building for

Simone Development Companies leases 10,189 s/f medical space to New York-Presbyterian

Bronx, NY According to Simone Development Companies, New York-Presbyterian has signed a 10,189 s/f long-term lease at Simone Dev.’s medical office property at 2510 Westchester Ave. Simone Dev. was represented by in-house leasing and legal teams

REBNY and The Durst Organization
celebrate LEED Platinum certification

Manhattan, NY The Real Estate Board of New York (REBNY) and The Durst Organization said that the trade association’s office renovation at 570 Lexington achieved LEEDv4 Interior Design and Construction certification at the Platinum level, the highest level of LEED certification.

Ariel Property arranges $16.5 milliion sale of two multifamily buildings

Manhattan, NY Ariel Property Advisors (Ariel) has brokered the sale of two 6-story elevator buildings totaling 109,530 s/f at 226 & 259 West 144th St. in Harlem for $16.5 million. The buildings house 110 residential units and one ground floor commercial unit.

Weaver and Tidwell, L.L.P. to consolidate into Vornado Realty Trust ’s PENN 1 office tower

Manhattan, NY Vornado Realty Trust has secured a new lease with Weaver and Tidwell, L.L.P. (Weaver) at PENN 1. Weaver, which occupies 8,000 s/f on a portion of the 32nd floor, will now occupy 36,500 s/f across the entire 28th floor. Buchbinder Tunick & Co., a firm that

Perlman of Largo Real Estate secured acquisition financing for $2.9 million

Amherst, NY Ned Perlman, of Largo Real Estate Advisors, Inc., has successfully secured acquisition financing for a value-add multi-family project located. The property consists of 15 duplexes, broken into fifteen two-bedroom units and fifteen three-bedroom units.