Category: Brokerage

Raffa of Island Assocs. negotiates two leases - 2,817 s/f at 490 Wheeler Rd.

Raffa of Island Assocs. negotiates two leases - 2,817 s/f at 490 Wheeler Rd.

August 13, 2024
Hauppauge, NY Island Associates negotiated two new lease agreements for office space at 490 Wheeler Rd. GNP Brand Gear signed a lease and took occupancy of 1,717 s/f of office space. They design and sell eco-friendly products.
August 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell

August 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell

August 13, 2024
Many thanks to Katheryn DeClerck who taught “Realtor Hunger Games” in July. Katheryn kept the participants very engaged and the course fulfilled the two hour requirement for implicit bias training to renew your New York real estate license. We have two upcoming courses, via Zoom
Time Equities acquires 44,635 s/f Big Flats Commons from NNN REIT for $6.5 million

Time Equities acquires 44,635 s/f Big Flats Commons from NNN REIT for $6.5 million

August 13, 2024
Elmira, NY Time Equities, Inc. (TEI) acquired Big Flats Commons, a 44,635 s/f shopping center located at 950 Rte. 64, from NNN REIT, a real estate investment trust, for $6.5 million. “In a strategic move aimed at expanding our presence in underserved
Watkins and Algarin of The Oak & Avery Group sell 48-unit multifamily for $8 million

Watkins and Algarin of The Oak & Avery Group sell 48-unit multifamily for $8 million

August 13, 2024
Pleasant Valley, NY The Oak & Avery Group negotiated the sale of Pleasant Valley Estates, a 48-unit multifamily complex. Anthony Watkins, president, and David Algarin, vice president, represented the seller and the buyer in the $8 million all-cash transaction.
Lionheart Strategic Mgmt. and Apollo Global Mgmt. provide $129.6m in funding for Madison Realty Capital’s Alphabet City project

Lionheart Strategic Mgmt. and Apollo Global Mgmt. provide $129.6m in funding for Madison Realty Capi...

August 13, 2024
Manhattan, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, provided a $27.6 million loan to Madison Realty Capital for the ground up construction of 644 East 14th St., a 24-story multi-
Schertz of Schuckman Realty completes $25.2m sale of multi-family buildings in Harlem

Schertz of Schuckman Realty completes $25.2m sale of multi-family buildings in Harlem

August 13, 2024
Manhattan, NY Schuckman Realty brokered the sale of two multi-family buildings located at 111 and 148 W 141st St. The sale closed on July 18, 2024, with a sale price of $25,210,891.
Hercules Mulligan opens 800 s/f tasting room at 220 Front St.

Hercules Mulligan opens 800 s/f tasting room at 220 Front St.

August 13, 2024
Manhattan, NY Hercules Mulligan, a bespoke, ready-to-serve cocktail and spirits brand named for the tailor, spy, and unsung hero of the American revolution, will open its first taproom at The Durst Organization’s historic Front St., located at 220 Front St. in the South
Commercial real estate takes to podcasting - by Harry Zlokower

Commercial real estate takes to podcasting - by Harry Zlokower

August 13, 2024
“Although they’ve been around for about 20 years now, podcasts seem to have exploded in popularity over the last few years,” notes Susan Lichtman, associate professor of mass communication at Miami Dade College Homestead Campus. “Statista estimates that some 70 million
Central Construction forms rope access services division

Central Construction forms rope access services division

August 13, 2024
New York, NY Central Construction has formed Central Access, a new division providing rope access services for buildings of all sizes and complexities. The group is headed by T.J. Lueddeke, a Society of Professional Rope Access Technicians (SPRAT) certified professional
Regional Plan Association recognizes Google’s St. John’s Terminal

Regional Plan Association recognizes Google’s St. John’s Terminal

August 13, 2024
Manhattan, NY Each fall Regional Plan Association (RPA) hosts the “Celebrate the Tri-State” benefit, bringing together civic, business, public and elected leaders to recognize three outstanding contributors to the region’s public realm and support
SCALE Lending and Harel Finance form lending platform partnership

SCALE Lending and Harel Finance form lending platform partnership

August 13, 2024
Manhattan, NY SCALE Lending, the debt financing arm of Slate Property Group, has formed an initial partnership with Harel Finance to support the deployment of construction and bridge loans on multifamily and condo projects in the United States
SL Green Realty signs new 10,820 s/f lease with Willow Tree Credit Partners

SL Green Realty signs new 10,820 s/f lease with Willow Tree Credit Partners

August 13, 2024
Manhattan, NY SL Green Realty Corp. has signed a new five-year, 10,820 s/f lease with Willow Tree Credit Partners covering the entire 29th floor at 450 Park Ave.