Category: Brokerage

Asset Preservation to offer free CE webinars in November for 1031 advisors, attorneys, CPAs and RE professionals

Asset Preservation to offer free CE webinars in November for 1031 advisors, attorneys, CPAs and RE p...

October 26, 2020
New York, NY Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in November. Pamela Michaels, Esq., senior VP of Asset Preservation, Inc. will lead the presentations, which are open to the public.
Executive of the Month: Johnny Din, CEO of Cycamore Capital, balances his business platform with giving back

Executive of the Month: Johnny Din, CEO of Cycamore Capital, balances his business platform with giv...

October 20, 2020
New York, NY The New York Real Estate Journal (NYREJ) sat down with Johnny Din, CEO of Cycamore Capital and this month’s Executive of the Month. Cycamore Capital is a vertically integrated “Live-Work-Play-Create” real estate platform with a mission to curate spaces for
Marx Realty signs Target and H&M to Cross County Center in Yonkers

Marx Realty signs Target and H&M to Cross County Center in Yonkers

October 20, 2020
Yonkers, NY According to Marx Realty, a New York-based owner, developer and manager of office, retail and multifamily property across the U.S. and division of Merchants National Properties, Target and H&M have signed new retail leases at the rebranded Cross County Center
Hudson Gateway Association of Realtors merges with Bronx-Manhattan North Association of Realtors

Hudson Gateway Association of Realtors merges with Bronx-Manhattan North Association of Realtors

October 20, 2020
Bronx, NY The Hudson Gateway Association of Realtors (HGAR) has merged with the Bronx-Manhattan North Association of Realtors (BMNAR). The merger was approved by both the BMNAR and HGAR board of directors, as well as the National Association of Realtors.
Longfellow Real Estate Partners and New York Blood Center reveal new Center East renderings

Longfellow Real Estate Partners and New York Blood Center reveal new Center East renderings

October 20, 2020
New York, NY New York Blood Center (NYBC), one of the nation’s largest independent blood centers and a non-profit institution which supports life science startups through groundbreaking research, unveiled plans for Center East. The applied life sciences hub will replace
Lantern Real Estate arranges $41 million in bridge financing on behalf of Double U Realty

Lantern Real Estate arranges $41 million in bridge financing on behalf of Double U Realty

October 20, 2020
Brooklyn, NY Lantern Real Estate arranged $41 million in bridge financing for 56 North 9th St., also known as 87 Kent Ave., a mixed-use multifamily and commercial property in the Williamsburg neighborhood on behalf of
SWBR and PARKlets for the People of Syracuse  partner to celebrate National PARK(ing) Day

SWBR and PARKlets for the People of Syracuse partner to celebrate National PARK(ing) Day

October 20, 2020
Syracuse, NY SWBR and PARKlets for the People of Syracuse partnered to mark National PARK(ing) Day on Friday, Sept. 18th. This is the third year SWBR has turned parking spaces on South Franklin St. into a
Suffolk IDA preliminarily approves Koala Optics relocation and expansion

Suffolk IDA preliminarily approves Koala Optics relocation and expansion

October 20, 2020
Hauppauge, NY The Suffolk County Industrial Development Agency (SCIDA) has preliminarily approved a transaction for Koala Optics, LLC and Yoleez Snacks for the acquisition of a 33,540 s/f manufacturing facility located at 10 Commerce Dr. With the Suffolk IDA’s assistance, the principals of Koala Optics, LLC and Yoleez Snacks will be merging the two businesses under one roof in a move that represents a nearly $8 million investment to improve capacity and efficiencies while creating 23 jobs within the first two years.
Newmark Knight Frank arranges $483 million loan for Sotheby’s

Newmark Knight Frank arranges $483 million loan for Sotheby’s

October 20, 2020
Manhattan, NY On behalf of Sotheby’s, Newmark Knight Frank has arranged a $483 million floating rate senior loan for the refinancing of 1334 York Ave., located on the Upper East Side neighborhood. The team was led by
Bestreich, Sproviero, Flaherty, Lecky, and Haynes of Bestreich Realty Group handle $2.375 million sale of Brooklyn multifamily

Bestreich, Sproviero, Flaherty, Lecky, and Haynes of Bestreich Realty Group handle $2.375 million sa...

October 20, 2020
Brooklyn, NY Bestreich Realty Group (BRG) handled the closing of 236 Kingsland Ave. in the Greenpoint neighborhood. The property traded for $2.375 million. This six-unit multifamily is located between Nassau and Driggs Aves. It is 4,875 s/f offering a lot dimension of 25 ft. x 100 ft. and zoned R6B. This property was delivered vacant. 
Rosenberg & Estis, P.C.  represents Excelsior 57th Corp.

Rosenberg & Estis, P.C. represents Excelsior 57th Corp.

October 20, 2020
New York, NY Rosenberg & Estis, P.C. has secured a victory for a cooperative on East 57th St. in New York State Supreme Court in New York County, securing possession of a parking garage within the building whose leaseholder had defaulted on rent payments. Rosenberg & Estis members Bradley Silverbush, Howard Kingsley and Norman Flitt, and associate Richard Corde, represented Excelsior 57th Corp. against Select Parking LLC and Citizens Icon Holdings before Supreme Court Justice David Benjamin Cohen.
The Garage signs 14,682 s/f lease  at Industry City for headquarters

The Garage signs 14,682 s/f lease at Industry City for headquarters

October 20, 2020
Brooklyn, NY According to Industry City, The Garage, an imaginative tabletop production company specializing in commercials for household names such as Coca Cola, Hershey’s, Cadillac, and Olay, will be relocating and expanding its headquarters to the 35-acre campus in the Sunset Park neighborhood. The production company will hire an additional eight employees for the space, bringing its team to 12 people.