Category: Brokerage

Ronkonkoma & Bayshore, NY Metropolitan Realty Associates (“MRA”), in partnership with Angelo Gordon, has completed a $31.9 million financing with IDB Bank for three Suffolk County industrial properties. The properties are part of a $50 million

Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra closed on the sale of three contiguous, mixed-use buildings located at 1256, 1258 and 1260 Lexington Ave. The contiguous three buildings have a wraparound frontage of 129 s/f

Shawmut Design and Construction, a leading $1.3 billion national construction management firm, has appointed current board member Kimberly Bishop to chair of the board of directors. Bishop’s new role is Shawmut’s latest move in its commitment

Brooklyn, NY Alpha Realty negotiated the sale of 792 Sterling Place in the Crown Heights section of the city which traded at $24 million in an off-market transaction.

Brooklyn, NY A&E Real Estate today has finalized the acquisition of 14 multifamily buildings in the city’s Gravesend and Sheepshead Bay neighborhoods. A&E acquired the portfolio, which encompasses 1,212 apartments, 306 parking spaces and five commercial units, from The LeFrak Organization for $248.7 million.

Brooklyn, NY Nathaniel Mallon, managing partner of Verada, represented Brooklyn Brewery in the lease of 41,000 s/f at 1 Wythe Ave. The space is zoned for light manufacturing use across the lower level, first & fourth floors of the three-sided building’s total 82,000 s/f. The new location is four blocks from the company’s current location on North 11th St.

Syracuse, NY The former Popes’ Grove Golf Course recently sold for $900,000. Stephen Saleski of Sutton Real Estate Company, LLC represented the seller of 695 State Fair Blvd. The buyer Mike Flynn was represented by Tommy Kehoskie of Independent Realty.

Fonda, NY Major redevelopment work will soon again be underway at the Exit 29 site, in Canajoharie, following the County Legislature’s approval of a resolution authorizing the county executive to sign a contract with Ritter & Paratore Contracting, Inc. (RPCI) to perform demolition work on the western portion of the site, including the former main Beech-Nut Food headquarters.

Manhattan, NY JLL Capital Markets has arranged $26.85 million of acquisition financing for The Nathaniel, a grocery-anchored, 85-unit apartment building located at 138 East 12th St. in the East Village neighborhood.

Manhattan, NY According to Silverstein Properties, Rockefeller Philanthropy Advisors (RPA) is relocating its New York headquarters from Midtown to 120 Broadway, the landmarked “Equitable Building” in Lower Manhattan.

Brooklyn, NY Naftali Group is partnering with Access Industries for the transformation of the Williamsburg waterfront development at 470 Kent Ave.

Kings Park, NY EW Howell Construction Group has completed the new St. Johnland Assisted Living at 393 Sunken Meadow Rd. The two-story, 68,000 s/f facility on Long Island’s North Shore offers 80 residential units and 100 beds.