Category: Brokerage
ASG Equities achieves two milestones in redevelopment of Lower Manhattan retail block
January 28, 2025
Manhattan, NY ASG Equities, the real estate family office of the Gindi family, have made two advancements in its reimagination of the Lower Manhattan retail block once fully occupied by Century 21, the institution that the Gindi family founded and continues
SL Green Realty sells 11% interest of One Vanderbilt Ave.
January 28, 2025
Manhattan, NY SL Green Realty Corp. closed on the sale of an 11% interest in One Vanderbilt Ave. to Mori Building Co., Ltd., Japan’s leading urban landscape developer. The investment was completed at a gross valuation of $4.7 billion for the property
Frost joins Withers as commercial real estate partner
January 28, 2025
Manhattan, NY Arielle Frost has joined international law firm Withers as a commercial real estate partner. Frost joins the firm from Rosenberg & Estis, where she was a partner and led the firm’s real estate joint ventures team.
Derby Copeland Capital closes $33.75 million loan to AYA Acquisitions
January 28, 2025
Manhattan, NY Derby Copeland Capital (DCC) closed a loan – totaling $33.75 million – to provide acquisition financing to AYA Acquisitions to acquire a leasehold interest in the property located at 225 East 63rd St.
Sher of Katz & Assocs. leases 35,809 s/f to Lincoln Market
January 28, 2025
Manhattan, NY Lincoln Market continues to expand in New York City with their largest store yet. Lincoln Market signed a 20-year-term lease for a 35,809 s/f store at River Place (660 W 42nd St). The store is among the largest street-level grocery
Brooks Brothers to open flagship at L&L Holding’s 195 Broadway
January 28, 2025
Manhattan, NY According to L&L Holding Company and Brooks Brothers, the American clothing retailer will open a new flagship store at L&L’s 195 Broadway, re-establishing a footprint in the Lower Manhattan neighborhood where the brand
March of Dimes honors Rechler of RXR
January 28, 2025
Purchase, NY March of Dimes NY/NJ Market honored Todd Rechler, founding partner, chief construction & development officer, RXR, with the March of Dimes Real Estate Award at the 2024 Westchester/Fairfield Real Estate Awards Breakfast held at Brae Burn
Westchester LDC votes preliminary approval of
$20.6m financing of Kendal on Hudson renovations
January 28, 2025
Sleepy Hollow, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval of $20.6 million tax-exempt bond financing for renovations of Kendal on Hudson, a life plan community located at 1010 Kendall Way.
Jafri Journal forms joint venture with London-based The Property Network
January 28, 2025
New York, NY The Property Network (LPN) has formed an international partnership with Jafri Journal, known for their New York-based property networking events. This collaboration highlights London’s global significance as a real
Kennedy Funding closes $1.445m loan to renovate Old Mill Guest House venue
January 28, 2025
Wallkill, NY A Hudson Valley retreat is expanding its footprint in the wedding events space, with help from Kennedy Funding. The N.J.-based, direct private lender closed a $1.445 million loan to 323 Old Mill LLC for Old Mill Guest House,
Cresa arranges renewal for The HOPE Program
January 28, 2025
Brooklyn, NY Cresa senior advisors Waite Buckley and Michael Herz have arranged a 10-year renewal lease for 7,500 s/f at 1 Smith St. for The Hope Program a non-profit organization that provides training and job placement for green jobs throughout New York City,
Six lender “cash trap” scenarios investors can avoid by investing in debt-free Delaware Statutor...
January 28, 2025
Since our inception, Cove Capital has taken a contrarian approach to real estate investing in that we believe today’s current macroeconomic picture does not bode well for investors who are pushing for increased returns with the use of leverage. Cove Capital believes
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