Category: Brokerage

Ariel Property Advisors capital services team closes $20 million in loans

Ariel Property Advisors capital services team closes $20 million in loans

November 14, 2023
Brooklyn, NY The capital services group for Ariel Property Advisors (Ariel) recently arranged five loans totaling more than $20 million to finance the construction, acquisition and refinancing of properties throughout the borough.
Westchester LDC votes preliminary approval of $52 million tax-exempt bond for redevelopment of 187,000 s/f

Westchester LDC votes preliminary approval of $52 million tax-exempt bond for redevelopment of 187,0...

November 14, 2023
Rye, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval on October 20th of $52 million in tax-exempt bond financing for the redevelopment of the former Avon headquarters into a 187,000 s/f facility
The Moinian Group’s 535 Fifth Ave. reaches 90% occupancy

The Moinian Group’s 535 Fifth Ave. reaches 90% occupancy

November 14, 2023
Manhattan, NY The Moinian Group said that its 535 Fifth Ave. office and retail property in Midtown has now reached 90% leased, with tenant Altice USA taking the entire 23rd floor.
ABS Partners Real Estate holds event/party at 200 Park Ave. South

ABS Partners Real Estate holds event/party at 200 Park Ave. South

November 14, 2023
Manhattan, NY About 200 brokers, clients, employees and guests attended ABS Partners Real Estate evening event/party unveiling ABS’ extensive plans for 200 Park Ave. South and its other New York City properties.
Cresa relocates Vector Media to 845 Third Ave.

Cresa relocates Vector Media to 845 Third Ave.

November 14, 2023
Manhattan, NY Cresa principal Gregg Cohen and vice president Nicholas Markel have arranged the lease for Vector Media’s new offices at 845 Third Ave., a 21-story, mid-century modern, class-A office tower located between 51st and 52nd Sts.
Cushman & Wakefield leases 8,280 s/f at 39 Bdwy. to New York Cares

Cushman & Wakefield leases 8,280 s/f at 39 Bdwy. to New York Cares

November 14, 2023
Manhattan, NY According to Cushman & Wakefield, New York Cares, the largest volunteer network in New York City, has signed an 8,280 s/f lease at 39 Bdwy. The nonprofit will occupy the entire 27th floor.
Davidson of Transwestern Real Estate Services  brokers 2,800 s/f lease for Republic Capital Group

Davidson of Transwestern Real Estate Services brokers 2,800 s/f lease for Republic Capital Group

November 14, 2023
Manhattan, NY Transwestern Real Estate Services (TRS) brokered the headquarters lease for Republic Capital Group at 50 Rockefeller Plaza. Lauren Davidson, senior vice president at Transwestern, represented the investment bank
Rockabill Consulting secures $47.2 million to convert former nursing home into affordable senior housing

Rockabill Consulting secures $47.2 million to convert former nursing home into affordable senior hou...

November 14, 2023
Yonkers, NY Rockabill Consulting has secured $47.2 million on behalf of the nonprofit Finian Sullivan Corp. (FSC) to finance the acquisition and adaptive reuse of the former Convent of Mary the Queen nursing home. FSC is the owner
Jack Resnick & Sons inks retail lease with Club Pilates at 850 Second Ave.

Jack Resnick & Sons inks retail lease with Club Pilates at 850 Second Ave.

November 14, 2023
Manhattan, NY Jack Resnick & Sons negotiated a 10-year, 3,500 s/f lease with Club Pilates, open on the ground floor of The Delegate, a condominium tower built by Resnick, at the corner of Second Ave. and 45th St. in Midtown East.
GFP Real Estate completes $24 million refinance of 120,000 s/f 5-9 Union Sq. West

GFP Real Estate completes $24 million refinance of 120,000 s/f 5-9 Union Sq. West

November 14, 2023
Manhattan, NY GFP Real Estate, LLC closed a $24 million loan for the refinancing of 5-9 Union Sq. West, an eight-story, 120,000 s/f, 100% leased office building located Union Sq.
Soloviev Group proposes 513 units of affordable housing units at Freedom Plaza

Soloviev Group proposes 513 units of affordable housing units at Freedom Plaza

November 14, 2023
Manhattan, NY Soloviev Group plans include 513 permanently affordable housing units as part of the proposed Freedom Plaza mixed-use development and public open space plan. Spanning more than six-acres from 38th to 41st St, east
Houlihan Lawrence releases Q3 commercial market report

Houlihan Lawrence releases Q3 commercial market report

November 14, 2023
Rye Brook, NY The Westchester County commercial market continues to show mixed results with multifamily and industrial/flex markets performing well while office sector continues to struggle and retail leasing weakens, according to the Houlihan Lawrence Q3 Commercial Market Report.