Front Section

New Rochelle embraces downtown development again; Cappelli raises The Standard

The real estate guru who is rightfully credited for New Rochelle's initial downtown development achievements several years ago is back and primed for his much-touted return. Louis Cappelli, who elegantly re-shaped our city's skyline when he built

Farah of Greiner-Maltz acts for Local 463 Realty in $1.45 million sale; Reiff and DiCiero of Greiner-Maltz lease 28,000 s/f

Queens, NY Greiner-Maltz is a full-service commercial real estate brokerage firm, has completed the following transactions: A three-story building at 87-80 Parsons Blvd. in the

Raisner Group refinances with Banco Popular; Dzbanek of Ariel Property Advisors assists

Brooklyn, NY The Raisner Group (formerly Proteus Capital Management, LLC), a real estate private equity firm, has completed the following: The bulk refinancing of five properties in

CPL expands firm with acquisition of Sammel Architecture PLLC

Somers, NY Architecture, engineering and planning firm CPL has expanded its footprint in the Hudson Valley to include Westchester County with the acquisition of Sammel Architecture PLLC. This location brings CPL’s total

Broad St. Development welcomes seven new tenants to 370 Lexington Ave.

Manhattan, NY Broad St. Development has signed seven tenants to 370 Lexington: 3,300 s/f to Basis Research, a global consulting firm; 2,410 s/f to Slip, boutique fashion company;

Coaching: I still have Faith - by Rod Santomassimo

Recently I read the NY Times article regarding one of New York’s legendary commercial real estate brokers, Faith Consolo. The author shared details related to Faith’s misrepresentation of her upbringing, family and childhood

DASNY and SUNY to renovate student housing at SUNY Cortland – $30 million project

Albany, NY According to The Dormitory Authority of the State of New York (DASNY) and the State University of New York, (SUNY) construction teams managed by DASNY will begin a $30 million project to renovate the Smith and

CPC and L+M Development close on $33.2m refinance

Airmont, NY The Community Preservation Corp. (CPC) and L+M Development Partners have closed three Fannie Mae Multifamily Affordable Housing (MAH) loans totaling $33.2 million to finance the long-term preservation of

Gluckstal, Abbate & Mancini of Five Point Real Estate rep. Wolf Realty in $6.25 million sale of 38,000 s/f

Plainview, NY Five Point Real Estate completed the sale of 197 South Service Rd. The 38,000 s/f building is home to Sun & Ski, owned by parent company Retail Concepts. The single tenant investment property sold for $6.25 million, which

Thornton Tomasetti takes 102,440 s/f at Silverstein Properties’ 120 Broadway

Manhattan, NY According to Silverstein Properties, Thornton Tomasetti, an international engineering and consulting firm, has signed a 15-year, 102,440 s/f lease at 120 Broadway. Currently located at 40 Wall St. and 51 Madison Ave., the firm is slated to occupy 120 Broadway’s entire 15th and 16th floors