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JLL’s Hotels & Hospitality Group closes joint venture sale of 525 Lexington Avenue - 35-story, 655-key hotel

Manhattan, NY JLL’s Hotels & Hospitality Group has closed the sale of 525 Lexington Ave., a 35-story, 655-key, full-service hotel. The parties have agreed to not disclose the purchase price.

CBRE completes $40 million sale of Medical
Offices at Chappaqua Crossing - 490,000 s/f

Chappaqua, NY CBRE represented the $40 million sale of the Medical Offices at Chappaqua Crossing, a 490,000 s/f medical office property in Westchester County. The CBRE team of Jeffrey Dunne, David Gavin, Steve Bardsley and Travis Langer represented the seller,

Rosenberg & Estis, P.C names Cohen new head
of the firm’s appellate litigation department

Manhattan, NY Rosenberg & Estis, P.C. (R&E) has named member Ethan Cohen as the new head of the firm’s appellate litigation department. Cohen succeeds Jeffrey Turkel, who is now special counsel. R&E founding member Gary Rosenberg

BRP Companies opens Motif - a 172-unit
210,775 s/f residential development

New Rochelle, NY BRP Companies commences the grand opening of Motif, a 172-unit, seven-story, 210,775 s/f  residential development located at 10 Commerce Dr. Financing for the project was provided by the Urban Investment Group within Goldman Sachs Asset

Cushman & Wakefield and Meridian Capital
arrange $77.38 million in acquisition financing

Manhattan, NY Cushman & Wakefield and Meridian Capital have served as the exclusive advisors to Empire Capital Holdings and Namdar Realty Group in the procurement of $77.38 million in acquisition financing for The Collection at Mercedes House,

RFR and Waterfall Asset Management acquire
33,000 s/f retail condominium - The Astor

Manhattan, NY RFR and Waterfall Asset Management have acquired the 33,000 s/f retail condominium portion of The Astor condominium building at 2139 – 2159 Bdwy. on New York’s Upper West Side in a joint venture. Situated in one of Manhattan’s most vibrant retail

Logical Buildings closes $110 million virtual power plant project with Keyframe Capital

New York, NY Logical Buildings has closed a $110 million virtual power plant (VPP) project facility with Keyframe Capital. The facility will be used to pursue VPP projects within New York City- and New Jersey-based multifamily residential buildings,

The Feil Organization signs three leases totaling 12,182 s/f

Manhattan, NY The Feil Organization has signed three new deals encompassing a total of 12,182 s/f at 488 Madison Ave., a 25-story, premier office building. David Turino, director of commercial leasing at the Feil Organization, represented Feil

Lipsky Construction brothers join IREON

Bayport, NY IREON has added Lipsky Construction’s co-owners, Alex and Joel Lipsky, to its membership roster as their exclusive general contracting corporation. Lipsky Construction, a commercial construction management and general contracting firm,

Smith and Arkview Capital buyout Icon Parking

Manhattan, NY Icon Parking, led by its president and CEO John Smith and Arkview Capital have gone through with a management buyout to create the largest minority-owned parking and mobility service provider in New York City with Icon Parking.