Category: Brokerage
Betesh and Bailkin of Arrow Real Estate arranges $42.9 million financing
February 11, 2025
Manhattan, NY Arrow Real Estate Advisors arranged $42.9 million in financing to refinance a multifamily property. The financing was provided by a balance sheet lender and was negotiated by managing partner, Morris Betesh, and senior vice president, Alex Bailkin, of Arrow Real
The Roebling Group leases 25,000 s/f to Patina Rentals
February 11, 2025
Yonkers, NY The Roebling Group brokered a 10-year lease of 25,000 s/f at 16 Harrison Ave. to Patina Rentals. Relocating from the Brooklyn Navy Yard, Patina Rentals selected this site for its affordability and proximity to New York City.
Merchants Capital provides $129.1 million for New York City Housing Authority PACT renovation projec...
February 11, 2025
Bronx, NY Merchants Capital provided $129.1 million in financing for the New York City Housing Authority (NYCHA) $419.6 million renovation of Boston Road Plaza, Boston Secor, and Middletown Plaza (BBM). The renovations will span three housing developments and
Maintaining an “A” is essential - by Shallini Mehra
February 11, 2025
Navigating the real estate scene continues to be no small feat for NYC multifamily landlords. The increasing costs from additional regulations, high interest rates and higher operating expenses continue to tighten the bottom line. When it comes to selling, the market demands nothing short of exceptional property management
Cresa arranges 10-year lease renewal for S. Rothschild at 1407 Broadway
February 11, 2025
Manhattan, NY Cresa managing principal Peter Sabesan and senior vice president Matthew Feigen have arranged a 10-year lease renewal for S. Rothschild at 1407 Broadway. The firm, which has manufactured men’s, women’s, and children’s luxury coats and outerwear for more than 135 years,
Resolution RE finishes 2024 with three back-to-back commercial condo sales
February 11, 2025
Manhattan, NY The commercial condo/co-op sales division of Resolution Real Estate, a member of NAI Global, said goodbye to 2024 with fourth quarter closings of a retail condominium at 5 East 16th St., and two office condominium sales at 32 West
ARD Capital Group closes $6.7 million refinance for 24-units
February 11, 2025
Brooklyn, NY ARD Capital Group, the capital advisory and brokerage firm headed by Simon Dilmanian, closed a $6.7 million refinance for a 24-unit multifamily property in Bushwick on behalf of clients Daniel Yaghoubi and Dr. Jeremy Nikfarjam.
Platinum Properties names new chief executive officer
February 11, 2025
Manhattan, NY Platinum Properties named co-founder and chief operating officer Dezireh Eyn has been named the company’s new chief executive officer. Co-founder Khashy Eyn, who has served as the firm’s chief executive officer since 2005,
Manhattan Skyline Management welcomes Empire Cake to 450 Sixth Ave.
February 11, 2025
Manhattan, NY According to Manhattan Skyline Management Corp., bakery Empire Cake has opened its second location at 450 Sixth Ave. between West 10th and West 11th Sts. in the West Village.
Marcus & Millichap arranges sale of 373-unit self-storage
February 11, 2025
New Windsor, NY Marcus & Millichap negotiated the sale of Lock Around the Clock, a 373-unit self-storage property. “It’s great to have sold another stabilized asset to an out-of-state buyer for top dollar in New York’s Mid-Hudson
Lim joins Rosenberg & Estis, P.C. as member of transactions department
February 11, 2025
Manhattan, NY Lisa Lim has joined Rosenberg & Estis, P.C., as a member within the transactions department. Lim will contribute her experience in real estate finance and development, affordable housing, and economic development as part of the firm’s
OPEN Impact assists Kwenda Collegiate Girls Charter School
February 11, 2025
Brooklyn, NY OPEN Impact Real Estate (OPEN) shared that Kwenda Collegiate Girls Charter School has signed a 10-year lease for 44,114 s/f of turnkey school space at 2520 Church Ave. in Flatbush. The new space, previously occupied by St. Gregory The Great
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