Belmont, NY Governor Andrew Cuomo said the $1.26 billion Belmont Park Redevelopment Project will benefit from a full-time Long Island Rail Road train station, the first full-time LIRR station in nearly 50 years, helping mitigate traffic...
The decision to modify New York City’s rent laws had good intentions. They say that’s what the road to hell is paved with. There’s no denying the system needed an overhaul. Bad landlords had figured out ways to abuse the system and take advantage of tenants, engaging...
New York, NY Savills has completed a 10-year, 252,452 s/f lease renewal and expansion for Flatiron Health at Stellar Management and Imperium Capital’s One SoHo Sq., a newly-renovated class A office complex on the border of SoHo and Hudson Sq.
Mineola, NY Hunt Corporate Services, Inc. said that SBG Distribution has purchased the 17,000 s/f industrial building at 257 East Second St. David Hunt represented the seller, Great Neck Saw Manufacturers, Inc., while the buyer was represented by Joicey Varughese
Mount Vernon, NY The city of Mount Vernon, in Westchester County is getting smarter. The community, which is just 22 minutes away from mid-town Manhattan via the Metro North Railroad, inked a contract with Hollywall Development Company
Brooklyn, NY Arbor Realty Trust, Inc. funded a Freddie Mac SBL deal. 2402 Gerritsen Ave., a mixed-use property, received $4 million in refinance funding through the program. The loan includes a 10-year hybrid term on a 30-year amortization schedule.
New York, NY A residential panel discussion featuring several of the region’s industry experts will be a highlight of the 11
th Annual New York City Real Estate Expo, set for October 24, at the New York Hilton Midtown Hotel.
New York City, NYMitti Liebersohn, president and managing director for Avison Young, said the firm has arranged a new 10-year, 27,488 s/f lease for Norris McLaughlin across the entire 21st floor at 7 Times Sq. Tower, the 47-story, 1.2 million s/f Class A office building located in the heart of Midtown Manhattan.
Brooklyn, NY According to Greiner-Maltz, William Segal of Alpha Equity Group has purchased 4401 2nd Ave. and 222 44th St. in the Sunset Park section of the borough from Mesorah Publications. The buildings will be developed primarily for industrial use, with a component of commercial office.
New York, NY HFF Securities, L.P. (HFFS) and Holliday Fenoglio Fowler, L.P. (HFF) advised CNL Healthcare Properties, Inc. on its $1.25 billion sale to Welltower Inc. of a 55-building Class A medical office portfolio. HFFS was engaged in 2018 to act
