Meridian’s Doshi and Mehra sell three contiguous mixed-use buildings for $13+ million

Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra closed on the sale of three contiguous, mixed-use buildings located at 1256, 1258 and 1260 Lexington Ave. The contiguous three buildings have a wraparound frontage of 129 s/f

Shawmut Design and Construction names Bishop chair of the Board of Directors

Shawmut Design and Construction, a leading $1.3 billion national construction management firm, has appointed current board member Kimberly Bishop to chair of the board of directors. Bishop’s new role is Shawmut’s latest move in its commitment

Mavashev of Alpha Realty brokers $24m sale of 82-unit multifamily

Brooklyn, NY Alpha Realty negotiated the sale of 792 Sterling Place in the Crown Heights section of the city which traded at $24 million in an off-market transaction.

A&E Real Estate buys 1,212 unit portfolio from LeFrak for $248.7m

Brooklyn, NY A&E Real Estate today has finalized the acquisition of 14 multifamily buildings in the city’s Gravesend and Sheepshead Bay neighborhoods. A&E acquired the portfolio, which encompasses 1,212 apartments, 306 parking spaces and five commercial units, from The LeFrak Organization for $248.7 million.

Mallon of Verada leases 41,000 s/f to Brooklyn Brewery at 1 Wythe Ave.

Brooklyn, NY Nathaniel Mallon, managing partner of Verada, represented Brooklyn Brewery in the lease of 41,000 s/f at 1 Wythe Ave. The space is zoned for light manufacturing use across the lower level, first & fourth floors of the three-sided building’s total 82,000 s/f. The new location is four blocks from the company’s current location on North 11^th St.

JLL arranges $26.85m acquisition financing for The Nathaniel

Manhattan, NY JLL Capital Markets has arranged $26.85 million of acquisition financing for The Nathaniel, a grocery-anchored, 85-unit apartment building located at 138 East 12^th St. in the East Village neighborhood.

Silverstein leases 14,000 s/f to RPA at 120 Broadway

Manhattan, NY According to Silverstein Properties, Rockefeller Philanthropy Advisors (RPA) is relocating its New York headquarters from Midtown to 120 Broadway, the landmarked “Equitable Building” in Lower Manhattan.

Naftali Group and Access Industries close on $385m const. loan for 470 Kent Ave.

Brooklyn, NY Naftali Group is partnering with Access Industries for the transformation of the Williamsburg waterfront development at 470 Kent Ave.

EW Howell Const. completes 68,000 s/f St. Johnland facility

Kings Park, NY EW Howell Construction Group has completed the new St. Johnland Assisted Living at 393 Sunken Meadow Rd. The two-story, 68,000 s/f facility on Long Island’s North Shore offers 80 residential units and 100 beds.

Pourciau of KWNYC leases 16,000 s/f

New York, NY Bennett Pourciau of Keller Williams New York City (KWNYC) closed an off-market lease for the immersive entertainment musical production of The Great Gatsby.