Category: Brokerage

Observations on the New York City office market: flight to quality, new concepts, repositionings and conversions - by Shimon Shkury

Observations on the New York City office market: flight to quality, new concepts, repositionings and...

September 13, 2022
Investor demand for New York City office buildings rose in the first six months of 2022 with $4.7 billion trading, up 11% from 2H 2021 and up 353% from 1H 2021, Ariel Property Advisors’ research shows
Lottery held for Yonkers residents seeking Affordable Housing vouchers

Lottery held for Yonkers residents seeking Affordable Housing vouchers

September 13, 2022
Yonkers, NY The Municipal Housing Authority for the City of Yonkers (MHACY) held a lottery today for 3,000 Yonkers residents who qualify for affordable housing. For the first time in more than 10 years, MHACY has opened its waiting list for Housing Choice Vouchers (Section 8) for
Hudson Valley iCampus featured in NYC Builds Bio webinar, ‘Gateways to the North’

Hudson Valley iCampus featured in NYC Builds Bio webinar, ‘Gateways to the North’

September 13, 2022
Earl River, NY Hudson Valley iCampus, the 207-acre premier life sciences, biomed, manufacturing/warehouse and office campus was featured in “Gateways to the North,” a webinar in a series focusing on the growth of the life sciences industry in the New York region
NY Building Congress reveals infrastructure projects for New York’s next 100 years

NY Building Congress reveals infrastructure projects for New York’s next 100 years

September 13, 2022
New York, NY The New York Building Congress released a report outlining essential transit, housing, and infrastructure projects that New York City must undertake over the next 100 years for economic growth and a prosperous, equitable future for New York City
Meridian’s Ravvin, Doshi and Mehra complete sale of development site in Greenpoint

Meridian’s Ravvin, Doshi and Mehra complete sale of development site in Greenpoint

September 13, 2022
New York, NY Meridian’s David Ravvin, Amit Doshi, and Shallini Mehra recently closed on the sale of 15 Clay St., a single-story vacant building, and 56 Commercial St., a vacant lot, in Brooklyn. These two properties comprise
Jafri Capital arranges $2 million for hotel acquisition financing

Jafri Capital arranges $2 million for hotel acquisition financing

September 13, 2022
North Brunswick, NJ Jafri Capital, LLC has successfully arranged a $2 million acquisition loan. Shahid Jafri originated, arranged, & negotiated the terms on behalf of the sponsor with a New
Meridian arranges $20 million in financing to acquire 450 Union St., a residential development site

Meridian arranges $20 million in financing to acquire 450 Union St., a residential development site

September 13, 2022
Brooklyn, NY Meridian Capital Group arranged $20 million in acquisition financing for 450 Union St., a mixed-use residential development site on behalf of The Principals of 2201 Union LLC, Tankhouse and MacArthur
GFI Realty Services arranges two sales totaling $9.225 million

GFI Realty Services arranges two sales totaling $9.225 million

September 8, 2022
New York, NY GFI Realty Services completed the following transactions: The $6.4 million sale of 864 East 149th St., a walk-up building comprised of 46 units located in the Mott Haven section of the Bronx. GFI director Zachary Fuchs represented the seller, NY Metro Holdings and the buyer, a
Ranieri of Northmarq completes $22 million refinance of Springvale Apartments

Ranieri of Northmarq completes $22 million refinance of Springvale Apartments

August 23, 2022
Croton-on-Hudson, NY Robert Ranieri, senior vice president/managing director of Northmarq’s White Plains debt/equity office, completed the $22 million refinance of Springvale Apartments. The 31-building/524-unit 55+ senior housing property
Certilman Balin participates in annual Marcum Corporate Workplace Challenge at Jones Beach

Certilman Balin participates in annual Marcum Corporate Workplace Challenge at Jones Beach

August 23, 2022
Wantagh, NY Certilman Balin took the Marcum Corporate Workplace Challenge on Aug. 2 at Jones Beach. They were joined by many firms and companies on Long Island to support some of the region’s charities which include: The Children’s Medical Fund of NY, Long Island Children’s Museum,
Brix Real Estate Advisors sells 25,000 s/f Bronx building: $4.7m

Brix Real Estate Advisors sells 25,000 s/f Bronx building: $4.7m

August 23, 2022
Bronx, NY Brix Real Estate Advisors, a Westchester-based commercial real estate firm, has brokered the $4.7 million sale of a 30-unit multifamily building located at 2820 Middletown Rd. in the
GAIA Real Estate expands portfolio with $14m acquisition of 106 Norfolk

GAIA Real Estate expands portfolio with $14m acquisition of 106 Norfolk

August 23, 2022
Manhattan, NY GAIA Real Estate has completed the closing of 106 Norfolk St., an apartment building with ground floor retail on the Lower East Side. The building consists of