Category: Brokerage

Merchants Capital New York provides $104+ million for historic affordable property

Merchants Capital New York provides $104+ million for historic affordable property

April 26, 2022
Harlem, NY The New York office of Merchants Capital has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses
Yonkers IDA votes preliminary and final approvals of oncentives for 3 new projects

Yonkers IDA votes preliminary and final approvals of oncentives for 3 new projects

April 26, 2022
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) voted at its March 31 meeting preliminary and final approvals of financial incentives for three new residential and commercial projects that will build on Yonkers
TerraCRG sells $1.2 million multifamily building

TerraCRG sells $1.2 million multifamily building

April 26, 2022
Brooklyn, NY TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has closed on the $1.175 million sale of 234 24th St., with TerraCRG Partners Matt Cosentino and Dan Marks
JLL Capital Markets arranged $28.5 million in financing secured for New Jersey multi-housing community

JLL Capital Markets arranged $28.5 million in financing secured for New Jersey multi-housing communi...

April 26, 2022
Jersey City, NJ JLL Capital Markets has arranged $28.5 million in permanent financing for The Ashton, a 93-unit, six-story, Class A apartment community
Forrest joins Statewide Abstract Corp. as deputy general counsel

Forrest joins Statewide Abstract Corp. as deputy general counsel

April 26, 2022
New York, NY Statewide Abstract Corp has added Tracy Forrest, Esq. to its roster of real estate professionals. “We are excited to bring Tracy on board,” says Statewide Abstract president
The hospitality tech transformation is all about front and back office alignment, efficiency and compliance - by Pam Knudsen

The hospitality tech transformation is all about front and back office alignment, efficiency and com...

April 26, 2022
In hospitality, we rightfully place a lot of focus on the customer experience. But what often is overlooked is back-end accounting technology that is vital to the continued operation of the property. Digital transformation is being embraced across many industries
Battery Park City Authority releases climate action plan

Battery Park City Authority releases climate action plan

April 26, 2022
The Battery Park City Authority (BPCA) released its industry-leading Climate Action Plan, a detailed roadmap of greenhouse gas (GHG) emissions reduction strategies in the energy, transportation, and waste sectors. The Battery Park City Climate Action
Bestreich Realty Group complete $3.5 million sale of 7,995 s/f mixed use building

Bestreich Realty Group complete $3.5 million sale of 7,995 s/f mixed use building

April 26, 2022
Manhattan, NY Bestreich Realty Group (BRG) closed on 666 9th St., for $3.5 million. This property is located between West 46th St. and 47th St. in Hell’s Kitchen. The lot is built
Largo arranges $3 million in financing for two manufactured housing communities

Largo arranges $3 million in financing for two manufactured housing communities

April 26, 2022
Bath and Waterloo, NY Ned Perlman, vice president of originations at the Largo Group of Companies, secured a $3 million permanent first mortgage to refinance the existing
Simone Development acquires healthcare condo in Manhattan for $11.15 million

Simone Development acquires healthcare condo in Manhattan for $11.15 million

April 26, 2022
Manhattan, NY Simone Development Companies, a full-service real estate investment company specializing in the acquisition and development of healthcare, office, retail, industrial
Cushman & Wakefield arranges 71,239 s/f sublease for Phaidon International at 711 Third Avenue

Cushman & Wakefield arranges 71,239 s/f sublease for Phaidon International at 711 Third Avenue

April 26, 2022
New York, NY Cushman & Wakefield has arranged a long-term, 71,239 s/f sublease for Phaidon International at 711 Third Ave. The tenant, a global specialist recruitment agency, will be