Hudson Valley Property Group completes $47 million renovation project on two apartment properties

Spring Valley, NY Hudson Valley Property Group (HVPG) completed a $47 million preservation and renovation project at two properties: Lakeview Village, a 144-unit senior housing property, and Highview Apartments, a 76-unit family housing property.

Colliers leases 5,644 s/f to Tap Room at TRITEC’s Station Yards

Ronkonkoma, NY Tap Room, the bar and restaurant has leased 5,644 s/f at TRITEC Real Estate Company’s Station Yards project. A team from Colliers represented the landlord, including Maria Valanzano, Steve D’Orazio, and Jake Horowitz.

Plasky and Arustamian of Marcus & Millichap sell 26,260 s/f retail center for $11.7 million

Brooklyn, NY Marcus & Millichap negotiated the sale of a retail center. The asset sold for $11.7 million. “It is rare to be able to purchase a new construction, 100% occupied shopping center in Brooklyn,” said Scott Plasky. “Even in a somewhat

Rosewood Realty Group and GFI broker $5.25 million multifamily building

Bronx, NY Rosewood Realty Group and GFI have brokered the $5.25 million sale of a six-story elevator multifamily building with 53 apartments. The building, 4030 Bronx Blvd. (between East 226^th and East 228^th St.) totals 50,338 s/f. The multifamily was

NAI Long Island represents Tech Network in 10,000 s/f lease

Farmingdale, NY NAI Long Island director Marian Campi-Conde negotiated a five-year lease at 24 Central Dr. on behalf of Tech Network. The landlord at 24 Central Dr. was represented by Leonard Gold of Finch Realty.

Walker & Dunlop arranges $36 million affordable housing renovation for eight-property portfolio

Brooklyn, NY Walker & Dunlop, Inc. arranged a $35.6 million loan to facilitate the refinance of a scattered site, sponsored by Grower Housing Development Fund Corp. The Section 8 affordable apartment portfolio comprises of 251 units, spanning eight buildings

Kellwood Company and KBL Group relocate to LH Charney’s 1441 Bdwy.

Manhattan, NY LH Charney said that Kellwood Company and KBL Group International will both be relocating to 1441 Bdwy. in Times Sq. Kellwood Co. will occupy 19,000 s/f on the 18^th floor of the Times Sq. tower, while KBL Group will occupy a 9,000 s/f space on the eighth floor.

ALUR Walls relocates to JEMB Realty’s 150 Bdwy.

Manhattan, NY JEMB Realty made known that ALUR Walls will relocate its New York showroom from 120 West 45^th St. in midtown to 150 Bdwy. in the Financial District. Twenty-three stories tall, 150 Bdwy. offers 276,000 s/f of office and retail space.

PX4 Development completes $15 million acquisition of 120 Jericho Tpke.

Jericho, NY PX4 Development has acquired the former hotel property located at 120 Jericho Tpke. The transaction was finalized on June 5^th, 2023, marking a milestone for PX4 Development and the town of Oyster Bay.

Shake Shack leases 2,727 s/f at 82-11 37th

Queens, NY Shake Shack is expanding to the Jackson Heights. The 2,727 s/f Shack will be located at 82-11 37^th Ave. This will be Shake Shack’s 51^st location in New York and the fourth company-owned location in the borough.