Front Section
Cohen & Perfetto named to U.S. News Best Law Firms
New York, NY Cohen & Perfetto has been included in the 2023 edition of U.S. News Best Law Firms.
Meridian’s Schechtman, Pollack, Kassin and Lieberman sell 60 units for $18.7 million
Flushing, NY An entity tied to property manager Jordan Cooper LLC sold a 60-unit apartment building at 108-50 71st Ave. in Forest Hills for $18.7 million to a Rockville Centre-based LLC.
MAG Partners closes transaction to develop mixed-income residential building
Manhattan, NY MAG Partners, the woman-owned development firm, closed on the leasehold acquisition for 335 Eighth Ave. with Penn South, an affordable housing cooperative located in Chelsea.
IPRG sells Tompkins Square portfolio for $29 million
Manhattan, NY Investment Property Realty Group (IPRG) negotiated the sale of Tompkins Sq. portfolio (five buildings) for $29 million.
Rosewood Realty sells 4,125 s/f for $2.2 million
New York, NY Rosewood Realty Group sold a five-unit residential building in East Williamsburg for $2.2 million.
Ariel Property Advisors arranges sale of Bronx affordable housing portfolio for $107.5 million
Bronx, NY An affordable housing portfolio consisting of four multifamily projects with 477 units and an approximately 525,000 s/f development site located in the Morrisania, High Bridge, and Belmont neighborhoods has traded for $107.5 million.
Northmarq arranges $2.2 million
Manhattan, NY Robert Ranieri, senior vice president/managing director in Northmarq’s White Plains debt/equity office, arranged a $2.2 million line of credit for a previously combined condominium unit at 59 West 12th St., a full-service building in the Greenwich Village neighborhood.
Panessa joins EW Howell Construction as controller
Plainview, NY Lori Panessa has joined EW Howell Construction Group as controller. She will oversee all aspects of the organization’s financial reporting, financial analysis, and financial stability.
Hannigan and O’Connell of Choyce Peterson negotiate 39,649 s/f lease
Purchase, NY Choyce Peterson, Inc. finalized lease negotiations on behalf of Triton International an intermodal container leasing corporation, for a 39,649 s/f office at 100 Manhattanville Rd.
National Resources purchases Rising Ground’s 28-acre campus for $52.6 million
Yonkers, NY OPEN Impact Real Estate LLC (OPEN) brokered the sale of Rising Ground’s 28-acre Leake & Watts campus to National Resources, a real estate development company, for $52.6 million.
