Front Section

Avanath Capital Management buys 156-unit multifamily for $19.3 million; Gourkine of CBRE Affordable Housing is sole broker

Poughkeepsie, NY Avanath Capital Management, LLC has acquired Grand Pointe Park, a 156-unit workforce housing asset located at 161 Clubhouse...

Simone Development moves forward with medical redevelopment at 5 Cuba Hill Road, Greenlawn

Greenlawn, NY According to Simone Development Cos., the Town of Huntington has approved its plans for the redevelopment of two of the buildi...

Brombergs celebrate Blue Ribbon Federal Grill opening at AKA Wall St., 84 William St.

Manhattan, NY Bruce and Eric Bromberg, chefs and co-owners behind Blue Ribbon Restaurants locally, and in Las Vegas, Los Angeles, and Miami,...

Executive of the Month: Joel Herskowitz, chief operating officer of Lee & Associates, always promoting the entrepreneurial spirit

New York, NY With a record of accomplishment spanning four decades in real estate and on Wall St., Joel Herskowitz, COO of Lee & Associa...

Falco Real Estate Partners brokers all-cash deal in Queens: $1.65 million

  Queens, NY John Falco, president of Falco Real Estate Partners, an investment sales firm, has exclusively sold 92-16 35th ...

Shake Shack opens at Breslin Realty and Colin Development’s Smith Haven Plaza shopping center

Lake Grove, NY According to Breslin Realty and Colin Development, Shake Shack recently held its grand opening. The retailer opened at the Sm...

IDA of the Month: The Agency – Supporting projects that are changing the Broome County economy - by Kevin McLaughlin

Kevin McLaughlin is the executive director at The Agency Broome County IDA/LDC, Binghamton, N.Y. ...

Coaching: More transactions won’t necessarily make you wealthier by Rod Santomassimo

Rod Santomassimo, CCIM is founder and president of Massimo Group, LLC, New York, N.Y. ...

Savills Studley arranges relocation for Amtrak: 11-year lease for 85,000 s/f

Washington, DC Savills Studley has arranged an 11-year, 85,000 s/f lease with national rail operator Amtrak for its U.S. headquarters at One...

Largo handles $32.4 million financing for acquisition of three Indiana hotels

Evansville, IN The Largo Group of Cos., has secured financing for a $32.4 million acquisition of three Marriott and Hilton-branded hotels lo...