Ferrara of Brax Realty facilitates $5.65 million sale of Brooklyn warehouse

Brooklyn, NY Michael Ferrara, managing principal of Brax Realty closed the sale of a 10,836 s/f two story warehouse in the Bushwick neighborhood. The property, 21-27 Garden St., located between Flushing and Bushwick Aves.

Capital One provides $131.2 million construction loan; RXR Realty is sponsor for 26 South Division development

New Rochelle, NY Capital One served as the lead bank for a $131.2 million construction loan for the ground-up development of 26 South Division, a 28-story, mixed-use apartment tower.

TerraCRG sells $13.2 million Park Slope development site

Brooklyn, NY TerraCRG has sold the development portfolio at 75 Fourth Ave. in Park Slope. The asset is one of the last opportunities to acquire a development site along Fourth Ave. before the proposed

Rosewood Realty Group launches National Brokerage Division; Brody to lead as VP

New York, NY According to Aaron Jungreis, president and founder of Rosewood Realty Group, the firm has launched its new National Brokerage Division. This division focuses on completely off-market properties outside the

NYC Department of Design and Construction issues RFQ for design, construction of new borough-based jails

New York, NY The NYC Department of Design and Construction (DDC), on behalf of the Mayor’s Office of Criminal Justice (MOCJ) and the NYC Department of Correction (DOC), issued a Request for Qualifications (RFQ) for design-build teams that will construct

Doshi and Shainberg of Meridian Investment Sales act for Gazivoda Realty in $27.5 million sale

Manhattan, NY Amit Doshi of Meridian Investment Sales sold 118 East 93rd St. in the Carnegie Hill neighborhood of the Upper East Side for $27.5 million. This 38-unit classic pre-war building underwent condo-like renovations and is 42% free market.

Beth Zafonte thrives on Akerman’s forward-thinking and collaborative environment

New York, NY The New York Real Estate Journal (NYREJ) sat down with Beth Zafonte, this month’s executive of the month, for a question and answer session. Zafonte is the director of economic development services at Akerman LLP.

New Rochelle being modernized - The Rockwell to be unveiled this summer

Citizens of diverse New Rochelle are aware of much downtown development, at a rapid pace as the area undergoes a well-planned real estate renovation. With eminent developers committed

REBNY and NYSAR presidents release joint statement regarding broker commissions

New York, NY  Joint statement by Real Estate Board New York (REBNY) president James Whelan and New York State Association of Realtors (NYSAR) president Jennifer Stevenson

Long Island Real Estate Group names Brennan and Cronin as co-presidents

Westbury, NY The Executive Board of the Long Island Real Estate Group (LIREG) has elected Alison Brennan and Sean Cronin as co-presidents.