Yonkers, NY The Yonkers Industrial Development Agency (YIDA) has voted preliminary approval of financial incentives for three new mixed-use developments representing a total private investment of $463.5 million. The three developments are projected to create
Manhattan, NY Maxim Capital Group, Sabal Investment Holdings, and GDS Brightstar, the lending platform of GDSNY, closed a $50 million loan for 114 Crosby St. (also known as 580 Bdwy.), a newly renovated boutique office building located in SoHo
Brooklyn, NY Investment Property Realty Group (IPRG) negotiated the closing of 82 4
th Ave. for $20 million. The property is located between St. Marks Place and Bergen St. in Boerum Hill. The building offers 21,150 s/f
Brooklyn, NY BHI, the U.S division of Bank Hapoalim, provided a $41 million term loan to the Lam Group to refinance a 24-story, 176 room hotel located at 216 Duffield St., known as Aloft by Marriott New York Brooklyn
Manhattan, NY JEMB Realty signed a 5,000 s/f retail lease with MINISO at 150 Bdwy. in the Financial District. The store is set to open this summer. Owned by JEMB Realty since 1983, 150 Bdwy. is on the corner of Bdwy. and Liberty St.
Manhattan, NY The Feil Organization signed a long-term, 13,716 s/f lease with Movable Ink at 841 Bdwy., also known as the Roosevelt Building. This lease brings the property to full occupancy.
Cicero, NY Cleeman Realty Group negotiated the sale of Circle Road Plaza, an Ollie’s anchored shopping center. This is the second time Cleeman Realty Group has sold Circle Road Plaza in the past 18 months.
The Paycheck Protection Program (PPP), initiated during the pandemic’s height, has been a critical support mechanism for many businesses, notably within the architecture, engineering, and construction (A/E/C) services sector. Having successfully navigated
Brooklyn, NY Invictus Real Estate Partners closed a $69 million pre-TCO bridge loan for the Mason Gray, a 158-unit residential property in the Crown Heights neighborhood. The loan will support minor construction work required to complete the seven-story
Valley Cottage, NY Realterm acquired a functional industrial outdoor storage (IOS) maintenance facility at 400-500 Corporate Ct. The 37,560 s/f facility, situated on 5.4 acres, will serve as an asset in Realterm’s expanding New York
