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REBNY announces winners for the Annual Retail Deal of the Year Awards

New York, NY The Real Estate Board of New York (REBNY), one of the City’s leading real estate trade association, named winners for its annual Retail Deal of the Year Awards. In its 24th year, the event attracted approximately 150 members and guests, and was held at The Cutting Room

Mesa West Capital funds $49.2 million loan for recap. of Palm Beach County Multifamily Asset

Palm Beach County, FL Mesa West Capital has provided a joint venture of ESG Kullen and Angelo Gordon with $49.24 million in first mortgage debt for the recapitalization of a 219-unit multifamily property

Observations on the New York City office market: flight to quality, new concepts, repositionings and conversions - by Shimon Shkury

Investor demand for New York City office buildings rose in the first six months of 2022 with $4.7 billion trading, up 11% from 2H 2021 and up 353% from 1H 2021, Ariel Property Advisors’ research shows

Lottery held for Yonkers residents seeking Affordable Housing vouchers

Yonkers, NY The Municipal Housing Authority for the City of Yonkers (MHACY) held a lottery today for 3,000 Yonkers residents who qualify for affordable housing. For the first time in more than 10 years, MHACY has opened its waiting list for Housing Choice Vouchers (Section 8) for

Hudson Valley iCampus featured in NYC Builds Bio webinar, ‘Gateways to the North’

Earl River, NY Hudson Valley iCampus, the 207-acre premier life sciences, biomed, manufacturing/warehouse and office campus was featured in “Gateways to the North,” a webinar in a series focusing on the growth of the life sciences industry in the New York region

NY Building Congress reveals infrastructure projects for New York’s next 100 years

New York, NY The New York Building Congress released a report outlining essential transit, housing, and infrastructure projects that New York City must undertake over the next 100 years for economic growth and a prosperous, equitable future for New York City

Meridian’s Ravvin, Doshi and Mehra complete sale of development site in Greenpoint

New York, NY Meridian’s David Ravvin, Amit Doshi, and Shallini Mehra recently closed on the sale of 15 Clay St., a single-story vacant building, and 56 Commercial St., a vacant lot, in Brooklyn. These two properties comprise

Jafri Capital arranges $2 million for hotel acquisition financing

North Brunswick, NJ Jafri Capital, LLC has successfully arranged a $2 million acquisition loan. Shahid Jafri originated, arranged, & negotiated the terms on behalf of the sponsor with a New

Meridian arranges $20 million in financing to acquire 450 Union St., a residential development site

Brooklyn, NY Meridian Capital Group arranged $20 million in acquisition financing for 450 Union St., a mixed-use residential development site on behalf of The Principals of 2201 Union LLC, Tankhouse and MacArthur

GFI Realty Services arranges two sales totaling $9.225 million

New York, NY GFI Realty Services completed the following transactions: The $6.4 million sale of 864 East 149th St., a walk-up building comprised of 46 units located in the Mott Haven section of the Bronx. GFI director Zachary Fuchs represented the seller, NY Metro Holdings and the buyer, a