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McGuire of NAI Long Island arranges 10,000 s/f lease

Riverhead, NY Brian McGuire of NAI Long Island represented Service Experts Heating & Air Conditioning in a five-year lease at 110 Kroemer Ave., an industrial property on behalf of Kroemer Avenue Holdings, LLC.

Weisbard joins Seyfarth Shaw as partner

Manhattan, NY Neil Weisbard has joined Seyfarth Shaw LLP as a partner, enhancing its real estate department in New York. Weisbard brings to Seyfarth extensive experience in land use, zoning, and administrative law matters, and securing construction

Rockensies appointed chairman for Nassau County Industrial Development Agency

Mineola, NY The Nassau County Industrial Development Agency (NCIDA) has appointed William Rockensies as the agency’s new chairman. As chairman, Rockensies will continue to support the expansion of existing businesses and incentivize new businesses to find a home in

Blumenfeld Dev. Group renews 20,000 s/f lease for NY Sports Club

Syosset, NY The Blumenfeld Development Group (BDG) has renewed NY Sports Club’s lease at their 9901 Queens Blvd. location for another 10 years, beginning in 2024.

Rockabill Consulting secures $22 million for St. Francis Frie­­nds of the Poor to finance the rehabilitation of three SRO buildings

Manhattan, NY Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that it has secured $22 million in financing on behalf of its client St. Francis Friends of the Poor, a nonprofit that pioneered the permanent supportive

How community engagement drives more equitable outcomes in the design process - by Gray Dougherty

New projects and buildings have wide-ranging effects on surrounding communities, ecosystems, and businesses. They impact the physical and mental well-being of individuals, the equitable distribution of economic resources, and future business opportunities. When a developer doesn’t seek out meaningful community input, they risk alienating neighborhoods and locals, while also missing a great opportunity to enrich the design impact

Slate Property Group closes $160 million bridge loan for Namdar Group 618 Pavonia Ave in Jersey City

Jersey City, NJ Slate Property Group announced that its lending arm, SCALE, has provided Namdar Group with a $160 million bridge loan for 618 Pavonia Ave. in the Journal Square neighborhood. The bridge loan will be used to retire $120 million in construction financing and fund the lease-up and stabilization of the 27-story, 432-unit residential building

AMA Group partners with SJP Properties on new 120,000 s/f New Jersey property

Roseland, NJ AMA Group, a nationwide industry leader committed to providing technologically sophisticated and solution-oriented engineering design and implementation, partnered with SJP Properties, a long-time client, on a brand new 120,000 s/f office space at 105 Eisenhower Pkwy

Stenson of Brax Realty sells $4.4 million 12-unit Kips Bay Building

Manhattan, NY Alan Stenson of New York City based investment sales brokerage firm Brax Realty has completed the sale of 228 East 25th St. in Kips Bay for $4.4 million

Goulston & Storrs moving to 730 Third Ave.

Manhattan, NY Goulston & Storrs, an Am Law 200 firm, announced that it is relocating its New York office to 730 Third Ave. on August 1, 2023. The move will increase the firm’s office footprint to 30,000 s/f (up from 25,000) to accommodate Goulston & Storrs’ growing headcount and continued expansion plans. The firm signed a ten-year lease, with renewal options