Brooklyn, NY Walker & Dunlop, Inc. arranged a $35.6 million loan to facilitate the refinance of a scattered site, sponsored by Grower Housing Development Fund Corp. The Section 8 affordable apartment portfolio comprises of 251 units, spanning eight buildings
Manhattan, NY LH Charney said that Kellwood Company and KBL Group International will both be relocating to 1441 Bdwy. in Times Sq. Kellwood Co. will occupy 19,000 s/f on the 18
th floor of the Times Sq. tower, while KBL Group will occupy a 9,000 s/f space on the eighth floor.
Manhattan, NY JEMB Realty made known that ALUR Walls will relocate its New York showroom from 120 West 45
th St. in midtown to 150 Bdwy. in the Financial District. Twenty-three stories tall, 150 Bdwy. offers 276,000 s/f of office and retail space.
Jericho, NY PX4 Development has acquired the former hotel property located at 120 Jericho Tpke. The transaction was finalized on June 5
th, 2023, marking a milestone for PX4 Development and the town of Oyster Bay.
Queens, NY Shake Shack is expanding to the Jackson Heights. The 2,727 s/f Shack will be located at 82-11 37
th Ave. This will be Shake Shack’s 51
st location in New York and the fourth company-owned location in the borough.
Brooklyn, NY Fried Frank advised an affiliate of Empire State Realty Trust on its acquisition of two adjacent properties located at the northeast corner of North 6
th St. and Wythe Ave. in the Williamsburg neighborhood for a purchase price of $26.4 million
Brooklyn, NY Michael Sherman, founder of Baseline Real Estate Advisors, brokered the sale of 117 North 4
th St. in Williamsburg for $9.75 million. The property is a newly renovated eight unit apartment building.
Croton-on-Hudson, NY The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, presented a check for $1,500 to the Croton/Cortlandt Food Pantry.
Somers, NY Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s national retail partners represented the seller, Ceruzzi Properties, in the sale of the Stop & Shop at Somers Commons. CBRE also procured the buyer, an institutional investor.
Manhattan, NY More than 300 members of the commercial real estate and construction industries gathered at Red Eye Grill in Midtown for the third annual Building Better for the Tunnel to Towers Foundation (T2T) event sponsored by the NYC Construction & Real Estate Industry
