Front Section

CBRE negotiates 11 lease deals: includes 40,944 s/f at 55 Broadway

Manhattan, NY CBRE has arranged the following: CBRE has completed four office leases at 55 Broadway totaling 40,944 s/f, including two new leases, an expansion, and a renewal. The CBRE team led by Brad Gerla along with, Jonathan Cope, Caroline Merck and Craig Motola represented the ownership of 55 Broadway,

Island Associates brokers four leases totaling 4,300 s/f

West Babylon NY Island Associates (IA) competed the following: IA leased 1,300 s/f at the shopping center located at 369 Little East Neck Rd. to Go Spa. The tenant

Cohen, Winter and Cisarik of Newmark facilitate office lease

Manhattan, NY Newmark handled a new office lease for Galileo Health of the penthouse at 166 Crosby St. The penthouse space spans 11,511 s/f on the entire 12th floor of the building and includes a private roof deck.

NYC mayoral candidate Yang tours Crystal Window factory

Queens, NY On Thursday, February 25th, 2021, Andrew Yang, New York City mayoral candidate and former Presidential candidate, visited and toured the headquarters and

Carthage Real Estate Advisors building Marcus Garvey Village with Body Lawson Associates Architects & Planners

Manhattan, NY Construction is progressing at Marcus Garvey Village, a 300,000 s/f, 18-story mixed-income, multifamily project with 330 residences at 209 Adam Clayton Powell Blvd. (124th St.). Developed by Harlem-based

Gantry’s Northeast Production Team secures $34.65m in financing

Buffalo, NY Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $34.65 million of commercial mortgage finance on behalf of

French and Traver of Marcus & Millichap arrange $8.175 million sale

Ellenville, NY Marcus & Millichap completed the sale of ShopRite Plaza, a 56,555/f net-leased property, according to John Krueger, regional manager of

Westchester Town of the Month:
Cortlandt, where life works, the economy is evolving, and the future is bright

Cortlandt, NY There is a hidden gem nestled against the eastern banks of the Hudson River, less than an hour train ride from Midtown Manhattan. It is the Town of Cortlandt, where life works at home, work and play, and it is prime for investment. Commercial space is often available with twice the space at half the cost. A willing, educated and diverse workforce is there to staff and operate a business.

Meridian Capital Group arranges $53 million in financing for Bronx cooperative property

Bronx, NY Meridian Capital Group arranged $48 million in financing for the refinance of The Whitehall, a cooperative property in the Riverdale neighborhood, in addition to a $5 million revolving line-of-credit.

Executive of the Month: Doron Pergament, owner of Blue Communities, is providing innovative luxury housing options

Mineola, NY The New York Real Estate Journal (NYREJ) sat down with Doron Pergament, owner of Blue Communities, for a question and answer session.