Category: Brokerage

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,
Weinraub and Dobosh of HKS Real Estate Advisors arrange $4 million loan for acquisition

Weinraub and Dobosh of HKS Real Estate Advisors arrange $4 million loan for acquisition

January 14, 2025
Manhattan, NY HKS Real Estate Advisors has closed a $4 million loan to fund the acquisition of a newly built commercial condominium in Soho. One Vandam, located at 180 6th Ave., consists of four retail units totaling 14,000 s/f
Morris of Newmark represents Criteo in 21,000 s/f lease at TF Cornerstone’s 387 Park Ave. South

Morris of Newmark represents Criteo in 21,000 s/f lease at TF Cornerstone’s 387 Park Ave. South

January 14, 2025
Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) made known  a 10-year lease extension with commerce media company Criteo at its 387 Park Ave. South office building in the Flatiron District. The new lease, encompassing
Rynne honored by Upstate NY Chapter of Appraisal Institute with the Richard Kelley Memorial Award

Rynne honored by Upstate NY Chapter of Appraisal Institute with the Richard Kelley Memorial Award

January 14, 2025
Rochester, NY The Upstate New York Chapter of the Appraisal Institute awarded, John Rynne, MAI, SRA president of Rynne, Murphy & Associates, Inc. the annual Richard Kelley Memorial Award for 2024.
Message from the president of Real Estate Board of New York - by James Whelan

Message from the president of Real Estate Board of New York - by James Whelan

January 14, 2025
The COVID pandemic dealt a huge blow to urban centers around the country, including New York City. 2024, However, showed New York’s real estate market has positive momentum with significant policy wins and improved market performance. The priority for 2025
Eastern Union closes loans from 121 lenders across U.S. in 2024

Eastern Union closes loans from 121 lenders across U.S. in 2024

January 14, 2025
Manhattan, NY In a market beset with stubbornly high interest rates, Eastern Union – one of America’s largest commercial real estate brokerages – placed and closed loans with 121 lenders in 2024.
Resource Realty leases 312,567 s/f Maybrook Logistics Center

Resource Realty leases 312,567 s/f Maybrook Logistics Center

January 14, 2025
Montgomery, NY Resource Realty of Northern New Jersey (Resource Realty) has arranged a 312,567 s/f single-tenant lease of Maybrook Logistics Center, a newly developed class A industrial project at 134 Neelytown Rd. Firm principals Tom Consiglio, SIOR, and Scott Peck, SIOR, represented the landlord, Brookfield Properties