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BHI and Northwind Group provide $170 million
construction loan to Nortco Development for 36 unit condo project

Manhattan, NY BHI, the U.S. branch of Bank Hapoalim, B.M. and a full-service commercial bank, together with Northwind Group a Manhattan-based real estate private equity firm and debt fund manager, provided a $170 million construction loan to Haim and Rony Nortman’s Nortco Development for the construction of a new 18-story

Yonkers Industrial Development Agency
approves $1 billion in private investment in 2024

Yonkers, NY Building on the momentum of 2023, the Yonkers Industrial Development Agency (YIDA) ended 2024 with another record year. The YIDA voted for the preliminary and final approval of financial incentives for residential projects representing a total private investment of $1 billion. The developments are projected

Life Time to occupy 80,000 s/f at Silverstein Properties’ Brooklyn Tower at 9 Dekalb Ave.

Brooklyn, NY Life Time and Silverstein Properties reached an agreement that will bring Life Time’s health and wellness experience to the Brooklyn Tower at 9 Dekalb Ave. Plans for a Life Time at 9 Dekalb were initially shared in 2022, and Life Time has since collaborated with new Brooklyn Tower owner,

Seasoned real estate PR pro on how traditional and social media can work together - by Harry Zlokower

Public relations (PR) has always been key to real estate brands and services. While before we spent much time in pitching and ghosting articles for traditional New York and national business, consumer and trade media, particularly print, TV and radio, today these powerful traditional outlets have their own category — earned

Platinum Properties grows commercial sector of business - Platinum Commercial

Manhattan, NY Platinum Properties, a full-service, family-owned real estate boutique brokerage specializing in the Financial District (FiDi) and beyond, has started Platinum Commercial, the commercial arm of the company. On the heels of co-founder Khashy Eyn transitioning to chairman of Platinum Properties, he has now taken

JLL leases 77,000 s/f at Minskoff Equities’ 51 Astor Pl. to Intuit

Manhattan, NY According to Edward J. Minskoff Equities (EJME) and JLL, financial technology platform Intuit has completed a 10-year expansion lease for 77,000 s/f of office and retail space at 51 Astor Pl., the Fumihiko Maki-designed office.

AmTrust RE inks two leases totaling 61,000 s/f at 360 Lexington Ave.

Manhattan, NY AmTrust RE (AmTrust), made known the execution of two leases at 360 Lexington Ave., bringing the additional space leased to a combined 61,000 s/f. The new leases signed by Webster Bank and Signers National will bring occupancy at the building up 17% since the time of acquisition.

Windels Marx Lane & Mittendorf names Matthews managing partner

Manhattan, NY Windels Marx Lane & Mittendorf, LLP has appointed Scott Matthews as the firm’s new managing partner, succeeding Robert Luddy, who has led the firm since 2001. Under Luddy’s leadership, Windels Marx has cemented its status as a premier law firm,

Abad of CHI, mayor Adams and Park of DSS celebrate opening of 64-unit affordable housing site for women-led households

Bronx, NY Community Housing Innovations (CHI) CEO Ron Abad joined with mayor Eric Adams and NYC Department of Social Services (DSS) commissioner Molly Wasow Park to celebrate Women’s History Month with the opening of a new 64-unit site with affordable housing that will prioritize women-led households.

Cawley of National Multifamily brokers six-unit multifamily

Port Chester, NY National Multifamily brokered the sale of a six-unit apartment building located at 56-58 Oak St. to a NY-based investor for $750,000 ($125,000 per unit). The deal closed on March 28th. Company president Matt Cawley represented the seller and procured the buyer in the off-market