Category: New York City

Manhattan, NY Rosenberg & Estis, P.C. represented The Durst Organization in the structuring and closing of a $1.3 billion commercial mortgage-backed securities (CMBS) financing secured by One Five One, the 48-story, Class A, LEED Gold certified, 1.8 million s/f

Manhattan, NY Rosenberg & Estis, P.C. secured a major victory for its client 35 West Realty Co. LLC, after a New York State Supreme Court judge found that a disputed lease amendment produced by a kosher Midtown Manhattan delicatessen was a forgery.

Queens, NY According to Leviathan Capital, Peter Cohen has closed a $1.6 million construction loan. The proceeds will be used to develop two industrial warehouses located in the Astoria neighborhood.

Manhattan, NY The New York Commercial Real Estate & Contractors for Tunnel to Towers (NY CRE & Contractors for T2T), an exclusive philanthropic group supporting the Tunnel to Towers Foundation, announced its Fifth Annual

Yonkers, NY The Yonkers Industrial Development Agency (YIDA) voted final approval at its August 13 meeting of financial incentives for a $36.1 million affordable senior housing development located at 221-223 Buena Vista Ave. The nine-story building would feature 94 units comprised of

Yonkers, NY Cronheim Mortgage has secured $10.3 million to refinance a mixed-use portfolio. The transaction refinanced the existing debt on Nepperhan Pl., a mixed-use building with office and retail tenants as well as YoHo Lofts, a multi-story industrial loft building that has been converted

Brooklyn, NY New Empire Corp, together with Morali Architecture and One Realty Global, celebrated the recent groundbreaking of 757 Flatbush Ave. with New York City council members, bringing 131 residences in a nine-story luxury condominium to the Flatbush community. The 140,000 s/f building

Brooklyn, NY Gilbane Development, Blue Sea Development and Artspace was joined by mayor Adams, city and state officials on September 9th to break ground on the Brownsville Arts Center & Apartments (BACA). Constructed by Gilbane Building, the transformative project received $254

Manhattan, NY According to SMPS, Olivia Farquharson, CDMP, PCM, has been recognized as the 2025 chapter president of the year. Farquharson was honored at Amplify A|E|C, the Society’s annual conference, in Columbus, OH.

Queens, NY The joint venture partnership of Foxy Development and Selfhelp Realty Group has closed on financing and begun construction of The Perennial, a 145-unit intergenerational affordable housing property that will also include the future home of the Forest Hills Jewish Center (FHJC). The project team and public officials held a “glass-breaking” ceremony to celebrate the beginning of redevelopment and renovation.

Tax exempt organizations that consider owning real estate or leasing their owned space to others to offset operating costs, face a complex minefield of restrictions that can be difficult to analyze and that present significant financial consequences if violated. New York

Brooklyn, NY Avdoo closed on a $47 million construction loan for 110 Boerum Pl., the firm’s newest residential development in Cobble Hill. The financing, provided by Valley National Bank, represents a milestone as the project continues to progress on this