Brooklyn, NY Investment Property Realty Group (IPRG) would like to announce the closing of 260 President St. for $6.1 million. This property is located between
The commercial real estate industry is catching on to the value of C-PACE - and an increasing number of owners and developers are turning to the mechanism to help finance their projects. But in New York City, commercial property owners and developers face a different set of hurdles
Bethpage, NY In observation of National Domestic Violence Awareness Month in October, The Safe Center, a 501 (c)(3) nonprofit, the leading victim service organization on Long Island, is working with Nassau County, NY landlords to expand its “Rapid Rehousing Program
Queens, NY CBRE completed the $146 million sale of a portfolio of light industrial properties located adjacent to JFK International Airport. A partnership of Onyx Acquisition IV, LLC and Starwood purchased the assets from the respective LLC’s controlled by the Elias family.
Brooklyn, NY On behalf of a joint venture led by Aurora Capital Associates, Midtown Equities and ACHS Management, Newmark arranged the $90 million refinancing for 240 Bedford Ave., a 181,000 s/f class-A grocery-anchored mixed-use asset located in the Williamsburg neighborhood.
Bronx, NY Ariel Property Advisors (Ariel) arranged the sale of the Concord Ave. assemblage, a large-scale development site offering 75,750 s/f at 431-439 Concord Ave. in the Mott Haven section of the city. The site sold for $4.9 million.
Queens, NY Bayport Funding provided a $4 million acquisition and construction loan for the development of a four-story mixed-use building in Ozone Park. The property will comprise nearly 10,000 s/f, 8,600 s/f of which will be designated as residential space, with the remaining 1,400 s/f as retail.
Manhattan, NY Rosewood Realty Group negotiated the $36.5 million sale of 159-161 West 54
th St., a 15-story, mixed-use building on the corner of West 54
th and Seventh Ave. in Hell’s Kitchen. Rosewood Realty’s Aaron Jungreis, Ben Khakshoor and Alex Fuchs represented the buyer, Duc Huang,
Manhattan, NY The Real Estate Board of New York (REBNY), named winners for its annual Retail Deal of the Year Awards at a ceremony and cocktail party held on September 13
th. In its 25
th year, the event attracted 150 members and guests, and was held at The Starbucks Reserve Roastery
Brooklyn, NY A European co-living fund purchased 1362 Pacific St., a vacant four-story 3,600 s/f brownstone in Crown Heights. The building was sold with DOB approved plans to expand the building horizontally and extend it in the rear.
