Category: Brokerage
GFP Real Estate closes on $54 million refinance loan from Apple Bank for 594 Broadway
May 14, 2024
Manhattan, NY GFP Real Estate, LLC has closed on a $54 million loan from Apple Bank to refinance 594 Broadway, a 12-story, 250,000 s/f office tower in SoHo. The new 10-year floating-rate permanent loan matures in 2034 and replaces a 2013
Aaron of Horvath & Tremblay sells 21-unit
mixed-use for $4.5 million
May 14, 2024
Manhattan, NY Robert Aaron of Horvath & Tremblay has completed the sale of 177 Chrystie St., a 21-unit mixed-use building. The asset sold for $4.5 million. Situated in a Lower East Side neighborhood, 177 Chrystie St., is a six-story brick building that contains one commercial unit on the ground floor
TAYLOR breaks ground for Choice Hotels
114-room extended stay Everhome Suites
May 14, 2024
Greece, NY TAYLOR broke ground on Everhome Suites. TAYLOR teamed with a national hospitality developer and Choice Hotels for construction of the four-story, 57,000 s/f, 114-room hotel located at 500 Bellwood Dr. in the Canal Ponds Business Park.
Zaffram joins Hodgson Russ as partner in real estate & finance practice
May 14, 2024
Buffalo, NY Pietra Zaffram has joined Hodgson Russ LLP’s local office as a partner in its real estate & finance practice. Zaffram focuses her practice on federal and state
May 2024 NYS Commercial Assn. of Realtors president’s message - by Robert Strell
May 14, 2024
April 17-May 2, NYSCAR past president Edward Smith, Jr., instructed 22.5 hours of education with his CIREC course. The CIREC program is aimed at those practitioners entering the commercial real estate industry and as a refresher to those who have been in the business
Lendlease and Extell Development top out
1520 First Ave. - 400,000 s/f medical office
May 14, 2024
Manhattan, NY Lendlease’s New York construction group has topped out 1520 First Ave., a 30-story medical office building in the Yorkville section of the Upper East Side. Developed by Extell Development Company, the 400,000 s/f facility, slated
Lee & Assocs. NYC arranges
$3.2m sale of 2,800 s/f retail site
May 14, 2024
Mamaroneck, NY Lee & Associates NYC has represented the seller in the sale of 1444 E. Boston Post Rd. for $3.2 million. The property consists of 2,800 s/f on half an acre and was previously leased to People’s United Bank.
Avison Young leases 9,200 s/f for Corcoran Group
May 14, 2024
Manhattan, NY Avison Young has arranged a new, full-floor 10-year lease at 220 West 19th St. on behalf of landlord Red Circle NY Corp. for the relocation of The Corcoran Group’s Chelsea office from 218 West 18th St. The
Networking is important and can be fun - by Harry Zlokower
May 14, 2024
One of the few marketing and public relations arts that does not seem to change much over the years is networking to make and develop good business development contacts, often at conferences and meetings but seemingly anywhere including parties, events, airplane trips,
TerraCRG names Marks as new CEO
May 14, 2024
Brooklyn, NY TerraCRG has promoted Dan Marks to CEO. Marks has been with TerraCRG for over 12 years. Since being appointed as partner of the firm in 2016, he has worked closely with founder Ofer Cohen, leading the firm to its market leadership
Ariel Property Advisors’ Q1 2024 multifamily sales report for New York City
May 14, 2024
New York, NY New York City recorded $1.44 billion in multifamily sales in Q1 2024, a 23% increase from Q1 2023, according to Ariel Property Advisors’ Q1 2024 Multifamily Quarter in Review NYC.
Two Trees Management signs four deals at The Refinery at Domino
May 14, 2024
Brooklyn, NY Two Trees Management Co. made known four lease signings across the third and fourth prebuilt floors at The Refinery at Domino, the crown jewel of the 11-acre Domino Sugar Factory site, bringing the building’s total leased footprint to
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