Executive of the Month: With 20 years of experience, Barbara Kavovit, CEO of Evergreen is a construction powerhouse

New York, NY The New York Real Estate Journal recently sat down with Barbara Kavovit, CEO of Evergreen Construction for a question and answer session.

Outside the Region: Marcus & Millichap brokers sale of 29,600 s/f Princeton Plaza for $2.9 million

Lawrenceville, NJ Marcus & Millichap completed the sale of Princeton Plaza, a highway retail shopping center located on Brunswick Pike. The asset sold for $2.9 million. A team of retail specialists led by Shannon Bona, acquired the exclusive listing to

Outside the Region: Regenbogen of Arbor originates $3.2 million Fannie Mae Small Loan

Myrtle Beach, SC Arbor Realty Trust, Inc. funded a $3.2 loan through the Fannie Mae Small Loan program for The Avenue North – Myrtle Beach Portfolio. Eric Regenbogen of Arbor’s Uniondale, N.Y. office originated the loan.

Outside the Region: Tower 16 Capital Partners purchases The District at Grand Terrace for $63 million

Colton, CA Tower 16 Capital Partners has acquired The District at Grand Terrace, a 352-unit multifamily project at 1315 S Meadow Ln. for $63 million. The project was acquired on an off-market basis from FPA Multifamily. Tower 16 will be overseeing $4 million in renovations and upgrades.

BOMA Westchester honors George Comfort & Son, Inc. and New York Life Insurance Co.

Tarrytown, NY More than 150 members of Westchester’s commercial real estate industry were on hand May 9^th for the 28^th Annual Hall of Honor Awards Dinner of the Building Owners and Managers Association of Westchester

Darouvar and Oskar of Venture Capital Properties represent Rodney Capital in $2.815 million sale

Brooklyn, NY According to Venture Capital Properties, the firm has closed the sale of 121 3rd Pl., a four-story walk up multifamily…

Fosun Hive Holdings leases 18,958 s/f to NYCLA at 28 Liberty, Direct Energy takes 6,327 s/f

Manhattan, NY According to Fosun Hive Holdings, The New York County Lawyers Association (NYCLA) has leased 18,958 s/f on the 9^th floor of 28 Liberty. The organization will relocate from 14 Vesey St.

Lee & Assoc. NYC secures 3,100 s/f for Small Door Inc.

Manhattan, NY According to Lee & Associates NYC, Gregory Tannor, executive managing director/principal, and Zachary Diamond, senior associate, have negotiated a 15-year, 3,100 s/f lease on the ground floor at The Greenwich Ln. residential condominium at 15 Seventh

New York City Climate Mobilization Act passes - by Thomas Kearns

The New York City Council recently passed a set of bills requiring owners of buildings of 25,000 s/f or larger to take several steps to reduce greenhouse gas emissions. The bills include: a requirement that the emission of greenhouse gases be

Black Mountain Capital opens new 2,500 s/f storefront at 371 North Ave. in New Rochelle

New Rochelle, NY Black Mountain Capital, (BMC), a private mortgage banking firm, has opened a new office downtown. The firm is also expected to expand and open offices in Greenwich, CT, the Hamptons and Florida.