Ariel Property Advisors negotiates $29.5 million sale of Gowanus development site

Brooklyn, NY Ariel Property Advisors has arranged the sale of a 421a vested, mixed-use development site offering 101,852 buildable s/f at 125 3^rd St. in the Gowanus neighborhood for $29.5 million ($290 per buildable s/f). With this transaction

TRITEC begins pre-leasing of 388 apartments at The Core in Station Yards

Ronkonkoma, NY TRITEC has started pre-leasing 388 residential apartment units at The Core, the next phase of Station Yards, TRITEC’s $1.2 billion development at the Ronkonkoma Train Station.

Hudson Gateway Realtor Foundation presents $3,500 donation check to Lifting Up Westchester

White Plains, NY The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, recently presented a check for $3,500 to Lifting Up Westchester (LUW).

Fryer of G.S. Wilcox & Co. secures $16.3 million in loans

East Farmingdale, NY G.S. Wilcox & Co. said that principal David Fryer financed a total of $16.3 million in loans. Fryer secured $10.6 million to refinance a 34,877 s/f

Conroy of NAR to instruct “The Next Evolution of Artificial Intelligence” virtual event on Nov. 28

Albany, NY Date: Tuesday, November 28, 2023 via Zoom

Time: 10:00 am – 11:00 am

Instructed by: David Conroy, director of emerging technologies of the National Association of Realtors.

Severino of BentallGreenOak and Morrison of Lemor Development named to Fordham R.E. Institute Executive Advisory Council

Manhattan, NY Ryan Severino, chief economist and head of U.S. research at BentallGreenOak (BGO), and Kenneth Morrison, managing member of Lemor Development Group, have been named to The Fordham Real Estate Institute (REI) Executive Advisory Council (EAC).

Highcap Group sells 22,000 s/f Flamingo Furniture store - $11.5 million

Brooklyn, NY Josh Goldflam, co-founder & principal of Highcap Group, along with broker Zach Mishaan have arranged the sale of 5105-5111 5^th Ave. for $11.5 million. The property is located in the Sunset Park neighborhood. The seller was the Mitrani family,

Pacific Retail Capital Partners, Cappelli Organization, SL Green Realty file rezoning request for multi-billion dollar Galleria site redevelopment

White Plains, NY In what would be one of the largest conversions of an enclosed shopping mall into open space, mixed-use residential and retail in the New York metropolitan tri-state region, Pacific Retail Capital Partners (PRCP), The Cappelli Organization,

Rand Commercial leases 2,394 s/f office space

Nanuet, NY Rand Commercial negotiated a five-year lease for 8 College Ave. with an option to purchase with D & J Industries, LLC. The 2,394 s/f professional office off Rte. 59, features

SL Green Realty signs 31,916 s/f renewal and expansion with Howden Tiger

Manhattan, NY SL Green Realty Corp. said that Howden Tiger, a reinsurance brokerage, has signed a 10-year, 31,916 s/f renewal and expansion lease at 1350 Avenue of the Americas. Howden Tiger’s footprint now includes its currently occupied 13,287 s/f