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Durst Org. and Bank of America refinance One Bryant Park; Rosenberg & Estis; Orrick, Herrington & Sutcliffe; Chatham Financial are advisors

Manhattan, NY The Durst Organization and Bank of America have closed a $1.6 billion refinancing of One Bryant Park. The financing combined a $950 million CMBS loan with a $650 million Liberty Bond loan

Jungreis of Rosewood Realty Group sole broker in $10.5 million sale

Manhattan NY Rosewood Realty Group has completed the $10.5 million sale of 495 Amsterdam Ave. on the Upper West Side. The 9,975 s/f five-story, mixed-use walk-up apartment building on the corner of West 84th St., features

Wenig, Nelson and Kinsey of Avison Young facilitate $5.1 million sale of Long Island post office

Merrick, NY The Net Lease Investment Sales Group for Avison Young facilitated the sale of a single-tenant net-leased United States Postal Service (USPS) property located at 2040 Merrick Rd. for $5.1 million. The USPS recently renewed a

Blatter of KFIR Capital acts for buyer and seller in $20.5 million Brooklyn Opportunity Zone sale

Brooklyn, NY KFIR Capital completed the $20.5 million sale of a two-story, 43,000 s/f mixed-use building in an Opportunity Zone (OZ). The buyer, a family office, plans to develop the site at

Cushman & Wakefield acts as exclusive advisor to Angelo Gordon & Onyx Equities in $94 million financing

Orangetown/Clarkstown, NY According to Cushman & Wakefield, the firm served as the exclusive advisor to Angelo Gordon & Onyx Equities in the procurement of $94 million in financing for Bradley Corporate Park, a 17-building

Investment Sales: New York City real estate is still alive - by Michael Weiser

NYC commercial real estate investment is still alive! The new NYS rent regulation laws affect approximately one-million stabilized units. However, there are still approximately two million free market apartments many in wholly free-market or largely free-market buildings. In addition, let’s not forget mixed use, office,

Madison Realty Capital provides $83 million loan for Midtown hotel

Manhattan, NY Madison Realty Capital (MRC) provided an $83 million loan to recapitalize a 230-room hotel at 25 West 51st St. in Midtown, located across from Rockefeller Center.

EisnerAmper signs 15-year lease at The Durst Org.’s 733 Third Ave. – 124,327 s/f

Manhattan, NY According to The Durst Org., EisnerAmper signed a 15-year lease for 124,327 s/f on the 6th through 9th and partial 10th floors of 733 Third Ave. Also included in the deal is

Katz & Associates secure 1,250 s/f for Warby Parker

East Hampton, NY According to Katz & Associates, Warby Parker has opened their first area location at 50 Newtown Ln. Brian Katz, CEO of Katz & Assoc. secured the site on behalf of the tenant. The lease is for 1,250 s/f.

Bestreich, Reynolds, Davila, and Reynolds of Bestreich Realty Group handle $1.95 million sale of Brooklyn multifamily

Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 854 Hancock St., in the Bedford Stuyvesant neighborhood. The four-unit multifamily property sold for $1.95 million. The property features two four-bedroom/two-bathroom units,