Westchester IDA gives preliminary approval of incentives for 550,000 s/f development

Harrison, NY Plans to transform a vacant corporate office building along Westchester’s I-297 corridor into a 550,000 s/f apartment complex has received preliminary approval of financial incentives from the Westchester County Industrial Development Agency

Suminski and Flanders of KeyBank Real Estate Capital place $35.5 million for 224-unit complex

Rensselaer, NY KeyBank Real Estate Capital (KBREC) secured $35.5 million of Fannie Mae Green Certified financing for The Amedore Group and Sunrise Capital Partners, an Albany-based sponsorship, for a class-A multifamily property.

Mavashev of Alpha Realty sells 110 Ave. C for $3.35 million

Brooklyn, NY Alpha Realty brokered the sale of 110 Ave. C located in the borough’s Kensington neighborhood. The firm’s principal, Lev Mavashev, represented both the buyer and seller in this transaction. The four-story

Cristi and Curtis of Greystone originate $34.5 million bridge loan; Vegh of Westwood acts as correspondent for owner, Karp

strong>Brooklyn, NY Greystone has provided a $34.5 million bridge loan to refinance Lenox Apartments, a 55-unit mixed-use property. The transaction was originated by Anthony Cristi, managing director and Hope Curtis, originator at Greystone, with Steven Vegh of Westwood

College of New Rochelle sells for $32 million at auction

New Rochelle, NY According to A&G Real Estate Partners, LLC and B6 Real Estate Advisors, LLC, The College of New Rochelle (CNR) has been sold at auction for $32 million. The auction commenced on Thursday, November 21^st and concluded on

Goldschmidt & Associates broker two leases totaling 53,000 s/f

New Rochelle, NY Goldschmidt & Associates has brokered two leases

Rafinia Property Group brokers $8 million sale of Buffalo shopping center

Buffalo, NY Rafinia Property Group brokered the sale of a 100,000 s/f big box-anchored shopping center. The subject sold for $8 million by Rafinia principal Evan Rafinia. The property was purchased by a private investment group.

Akerman takes 100,000 s/f at Mitsui Fudosan America property

Manhattan, NY According to Mitsui Fudosan America, Inc. (MFA), Akerman LLP—ranked among The American Lawyer’s top 100 law firms in the U.S.—has signed a 100,000 s/f lease at 1251 Avenue of the Americas. The transaction brings

SWBR welcomes Altoft

Rochester, NY SWBR has hired Andrew Altoft as project designer. As part of the firm’s Workplace Studio, Altoft is responsible for coordinating design and construction documentation for a variety of corporate, industrial and municipal projects.

Polsinellis of Compass sell two East Village properties for $14 million

Manhattan, NY Adelaide Polsinelli, vice chair of Compass and the newly launched investment sales division, along with Trystan Polsinelli, have sold 169 and 171 First Ave. in the