Manhattan, NY Alan Stenson, senior director of Brax Realty completed the exclusive assignment to sell a two-building package in the city by a state-appointed guardianship in Florida. The two- building package included 333 East 52
nd St. located between 1
st Ave. and 2
nd Ave. and 228 East 25
th St.
Brooklyn, NY Bedford Stuyvesant New Beginnings Charter School (BSNBCS) has signed a new 35-year lease for its new high school in a condo building in Williamsburg. The charter school will occupy the commercial portion of the building located at 217 North 10
th St. completed in 2022 by Largo
Manhattan, NY Rudin has secured two headquarters relocation deals, totaling a combined 26,500 s/f, at One Battery Park Plaza, its 35-story, 870,000 s/f office tower. >New York City-based insurance litigation firm, Barry McTiernan & Moore LLC, will relocate from its current headquarters
Brooklyn, NY L+M Development Partners and Osborne Association closed on a $126 million deal to develop Marcus Garvey extension phase two buildings C/E in Brownsville. The project will feature 178 affordable apartments, 88 of which will be supportive
Brooklyn, NY SCALE Lending has issued a $140 million construction loan for Clipper Equity’s seven-story, 354-unit multifamily project located at 2366 Bedford Ave. in Flatbush.
Manhattan, NY Cushman & Wakefield and The Stahl Organization arranged six new leases totaling 175,000 s/f at 277 Park Ave., a 1.85 million s/f class A office building in Midtown.
With lingering high rates, rent collection difficulties in stabilized buildings, escalating operating costs, and a strict regulatory environment, certain segments of the real estate market are facing tough hurdles. The
Manhattan, NY Benenson Capital Partners has elevated three professionals within its investment and asset management teams as the firm reorganizes its leadership team.
Manhattan, NY Adler & Stachenfeld LLP (A&S) have elected two new partners. Jonathan Rothstein and Matthew Carpinello will serve as partners within the firm’s joint venture (JV) and finance practice groups.
Manhattan, NY Debby Jenkins and Mordecai Rosenberg have been appointed co-presidents of Greystone’s comprehensive lending business platform. Together, Jenkins and Rosenberg will seek to elevate, expand, and innovate across a variety
