Category: Brokerage

M&T Realty Capital Corp. provides $200.96 million in Fannie Mae financing for 46-10 Center Blvd.

M&T Realty Capital Corp. provides $200.96 million in Fannie Mae financing for 46-10 Center Blvd.

January 14, 2025
Long Island City, NY M&T Realty Capital Corp. provided $200.96 million in Fannie Mae financing for 584-unit property, 46-10 Center Blvd. The property consists of studio, one-, two-, and three-bedroom residences and one ground floor retail
Meridian’s Doshi & Mehra break <br>record in sale of 356 West 48th Street

Meridian’s Doshi & Mehra break
record in sale of 356 West 48th Street

January 14, 2025
Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra have successfully closed on the sale of 356 West 48th Street, a gut renovated boutique brownstone with 20 apartments. The 9,970 s/f property
Cohen of Leviathan Capital arranges <br>$2.15 million permanent loan

Cohen of Leviathan Capital arranges
$2.15 million permanent loan

January 14, 2025
Brooklyn, NY According to Leviathan Capital, Peter Cohen successfully arranged a $2.15 million permanent loan prior to Certificate of Occupancy. The 12-unit mixed-use property is located in the Brownsville neighborhood of Brooklyn
Endeavor Real Estate Group brokers $7.19 million sale of 39 unit multifamily property

Endeavor Real Estate Group brokers $7.19 million sale of 39 unit multifamily property

January 14, 2025
Pittsford, NY Endeavor Real Estate Group negotiated the sale of Pittsford Manor Apartments, a 39-unit garden style apartment complex. The purchaser, a west-coast based family office, and the seller, an investment group headquartered in New York City, traded the property for $7.19 million in a
WinnCompanies completes transformation of <br>10 historic, low income apartment buildings

WinnCompanies completes transformation of
10 historic, low income apartment buildings

January 14, 2025
Buffalo, NY WinnCompanies has completed a $20.5 million renovation of 10 historic, low-income apartment buildings in the city’s downtown modernizing the properties and preserving all 135 units as affordable housing for 40 years.
Powers joins Hodgson Russ’ bankruptcy, restructuring and commercial litigation practice as partner

Powers joins Hodgson Russ’ bankruptcy, restructuring and commercial litigation practice as partner...

January 14, 2025
Buffalo, NY Hodgson Russ LLP is growing its bankruptcy, restructuring & commercial litigation practice with the addition of Travis Powers. Powers advises clients in all aspects of complex commercial insolvency law, both in and out
January 2025 NYSCAR  president’s message - by Robert Strell

January 2025 NYSCAR president’s message - by Robert Strell

January 14, 2025
The NYSCAR Annual Conference will be held June 16-17 at the Rivers Casino in Schenectady, NY. Conference chair Mercedes Brien and the planning committee are working on an education program and marketing session for all attendees.  If you or your company would like to be a sponsor,
Williams Equities acquires 300,000 s/f <br>470 Park Ave. South for $147.5 million

Williams Equities acquires 300,000 s/f
470 Park Ave. South for $147.5 million

January 14, 2025
Manhattan, NY Continuing its overall investment strategy of acquiring assets in Midtown South, Williams Equities has secured 470 Park Ave. South for $147.5 million, adding the 300,000 s/f, historic office property to the ownership group’s New York
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

January 14, 2025
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Olshan Frome Wolosky promotes Sluszka to partner and Stone to counsel

Olshan Frome Wolosky promotes Sluszka to partner and Stone to counsel

January 14, 2025
Manhattan, NY Olshan Frome Wolosky LLP has elevated Dorothy Sluszka to partner and Daniel Stone to counsel at the firm. These promotions were earned through responsive, results-driven work and client service. The new positions were effective as of
Greystone provides $32m CMBS loan for affordable housing property

Greystone provides $32m CMBS loan for affordable housing property

January 14, 2025
Brooklyn, NY Greystone has provided a $32 million Commercial Mortgage Backed Security (CMBS) loan to refinance a 90-unit affordable housing property. The financing was originated by Avi Lifshitz and Aviel Hematian of Greystone. Rose Schwartz and Gabby
AmTrust RE acquires 24-story 360 Lexington Ave. for $65.5 million

AmTrust RE acquires 24-story 360 Lexington Ave. for $65.5 million

January 14, 2025
Manhattan, NY AmTrust RE (AmTrust) acquired 360 Lexington Ave., a 268,000 s/f office building located in the Midtown East neighborhood for $65.5million. Constructed in 1959, the 24-story office tower has received renovations in the past few years,