Last week’s Pinnacle Awards at Chelsea Piers gave us an opportunity to celebrate some of the best of New York City’s commercial real estate. Looking around the room at the property managers, engineers, owners, service providers and other professionals who keep our buildings operating every day
Manhattan, NY IREM NYC hosted their annual goodbye-to-summer rooftop cocktail party on Wednesday evening, September 16th at the rooftop on 230 FIFTH. The temp was warm, the cocktails were cold and the conversation and industry wide camaraderie put a smile on everyone’s face!
Brooklyn, NY CBRE has completed the $30 million sale of 59 Bogart St., a 51-unit multifamily loft building located in the East Williamsburg section of the city. The CBRE team of Robert Shapiro and Ian Brooks represented the seller
Queens, NY Northmarq’s White Plains Debt + Equity team led by Robert Ranieri arranged $7 million in financing for a 53,000 s/f industrial distribution warehouse located at 56-75 49th St. in the Maspeth neighborhood
New York City’s first-ever two-year rent freeze is now in the hands of a state Supreme Court judge, and the decision could reset income for owners of roughly one million rent-stabilized apartments housing some 2.4 million residents.
Manhattan, NY Carlo Seneca, CEO of C & A Seneca Construction, recently drew in hundreds of VIP guests for the celebration of his company’s 100th anniversary. The festivities aptly coincided with the opening of NYFW.
Manhattan, NY Corner Table Restaurants has signed a long-term lease for 17,000 s/f at 582 Seventh Ave. Corner Table Restaurants, creators of one of New York City’s most beloved restaurant brands, will debut a multi-story location of The
Manhattan, NY JLL has completed 24,107 s/f of leasing at 757 Third Ave., marking continued momentum for the Midtown East office tower as owner New York Life invests in repositioning the property.
Manhattan, NY Global Holdings secured refinancing of 120 Park Ave., its 620,000 s/f office tower located near Grand Central Terminal on Park Ave. in Midtown. The $382.4 million loan was co-originated by Wells Fargo and LBBW and includes $360.5 million
Manhattan, NY Slate Property Group closed on a $63 million refinancing for a three-building multifamily portfolio in Chelsea. The portfolio totals 94 residential units and 68,139 s/f across three properties – 229 West
Brooklyn, NY GAIA Real Estate has secured an additional one-year extension of its $48 million loan with Raymond James Bank for 55 Hope, a multifamily property in Williamsburg. The extension pushes the loan’s maturity to August 2027,
After years of litigation, the court enters judgment in your company’s favor. Liability has been established, and the defendant has been ordered to pay. It should feel like the finish line. Instead, it’s the start of an entirely new battle.