Category: Brokerage
The stage is set for C-PACE in New York - by Michael Doty
October 17, 2023
The commercial real estate industry is catching on to the value of C-PACE - and an increasing number of owners and developers are turning to the mechanism to help finance their projects. But in New York City, commercial property owners and developers face a different set of hurdles
The Safe Center collabs with local landlords to provide emergency housing for domestic violence surv...
October 17, 2023
Bethpage, NY In observation of National Domestic Violence Awareness Month in October, The Safe Center, a 501 (c)(3) nonprofit, the leading victim service organization on Long Island, is working with Nassau County, NY landlords to expand its “Rapid Rehousing Program
CBRE brokers $146 million sale of light industrial portfolio to Onyx Acquisition IV, LLC and Starwoo...
September 26, 2023
Queens, NY CBRE completed the $146 million sale of a portfolio of light industrial properties located adjacent to JFK International Airport. A partnership of Onyx Acquisition IV, LLC and Starwood purchased the assets from the respective LLC’s controlled by the Elias family.
Newmark arranges $90m refinancing for Aurora Capital, Midtown Equities and ACHS Management’s JV
September 26, 2023
Brooklyn, NY On behalf of a joint venture led by Aurora Capital Associates, Midtown Equities and ACHS Management, Newmark arranged the $90 million refinancing for 240 Bedford Ave., a 181,000 s/f class-A grocery-anchored mixed-use asset located in the Williamsburg neighborhood.
Ariel Property Advisors negotiate sale of 75,750 s/f development site for $4.9 million
September 26, 2023
Bronx, NY Ariel Property Advisors (Ariel) arranged the sale of the Concord Ave. assemblage, a large-scale development site offering 75,750 s/f at 431-439 Concord Ave. in the Mott Haven section of the city. The site sold for $4.9 million.
Bayport Funding provides $4 million
acquisition/construction loan
September 26, 2023
Queens, NY Bayport Funding provided a $4 million acquisition and construction loan for the development of a four-story mixed-use building in Ozone Park. The property will comprise nearly 10,000 s/f, 8,600 s/f of which will be designated as residential space, with the remaining 1,400 s/f as retail.
Rosewood Realty Group brokers $36.5 million
sale of 159-161 West 54th
September 26, 2023
Manhattan, NY Rosewood Realty Group negotiated the $36.5 million sale of 159-161 West 54th St., a 15-story, mixed-use building on the corner of West 54th and Seventh Ave. in Hell’s Kitchen. Rosewood Realty’s Aaron Jungreis, Ben Khakshoor and Alex Fuchs represented the buyer, Duc Huang,
The Real Estate Board of New York names winners for the Retail Deal of the Year Awards
September 26, 2023
Manhattan, NY The Real Estate Board of New York (REBNY), named winners for its annual Retail Deal of the Year Awards at a ceremony and cocktail party held on September 13th. In its 25th year, the event attracted 150 members and guests, and was held at The Starbucks Reserve Roastery
Invictus Property Advisors and Stav Equities sell 1362 Pacific St. vacant brownstone for $2.475 mill...
September 26, 2023
Brooklyn, NY A European co-living fund purchased 1362 Pacific St., a vacant four-story 3,600 s/f brownstone in Crown Heights. The building was sold with DOB approved plans to expand the building horizontally and extend it in the rear.
Kalnitsky joins Forchelli Deegan Terrana LLP as partner
September 26, 2023
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) welcomes Gregory Kalnitsky to the firm’s land use & zoning practice group as a partner. He previously held the following local government positions: acting corporation counsel of Long Beach and city attorney of Glen Cove.
Newmark secures first U.S. flagship for Portugal-based The Fantastic World of Portuguese Sardine
September 26, 2023
Manhattan, NY Newmark Retail said the firm has secured a new lease for The Fantastic World of Portuguese Sardine’s first U.S. flagship at Two Times Sq. The brand, operated by Comur Corp., signed a long-term lease to occupy the space on the Southeast Corner of Broadway and West
Eleven Moritt Hock & Hamroff lawyers named Best Lawyers in America & Best Lawyers: Ones to Watch in...
September 26, 2023
Garden City, NY Best Lawyers in America has recognized 11 Moritt Hock & Hamroff lawyers in its 2024 edition. Four lawyers were included in The Best Lawyers in America and seven lawyers were included in The Best Lawyers: Ones to Watch in America.
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