Category: Brokerage

Hampton Business District refinanced with $120 million loan

Hampton Business District refinanced with $120 million loan

September 9, 2025
Westhampton Beach, NY JLL Capital Markets has arranged $120 million in financing for the Hampton Business District, a five-building, 50-acre, master-planned business park currently 94% occupied and featuring 385,002 s/f of Class A+ logistics
JLL Capital Markets arranges sale of Riverbank high-rise for Barings and financing for buyer

JLL Capital Markets arranges sale of Riverbank high-rise for Barings and financing for buyer

September 9, 2025
Manhattan, NY JLL has closed on the $243.5 million sale of Riverbank, a 44-story recently renovated rental property located at 560 West 43rd St. in the Midtown West submarket
JLL secures $123M capitalization for new Gowanus apartment development

JLL secures $123M capitalization for new Gowanus apartment development

September 9, 2025
Brooklyn, NY JLL Capital Markets has arranged $123 million in construction financing for 450 Union St., a planned 158-unit mixed-use development to be built along the Gowanus Canal
JLL volunteers help revive New York Harbor, advance Billion Oyster Project’s mission

JLL volunteers help revive New York Harbor, advance Billion Oyster Project’s mission

September 9, 2025
Governors Island, NY JLL deepened its commitment to sustainability and community impact this summer as more than two dozen employees joined the Billion Oyster Project on Governors Island, helping to restore NY Harbor’s critical oyster reefs
Diald AI announces partnership with Moody’s

Diald AI announces partnership with Moody’s

September 9, 2025
Diald AI, the first-of-its-kind proptech company delivering end-to-end, institutional-grade commercial real estate analysis in hours instead of weeks or months, announced it has entered into a commercial partnership with Moody’s, integrating a trusted
One Year In: Freelance Isn’t Free Act Fuels a Surge of Lawsuits - by Andrew Lieb

One Year In: Freelance Isn’t Free Act Fuels a Surge of Lawsuits - by Andrew Lieb

September 9, 2025
August 28, 2025 was the one-year anniversary of the effectiveness of the New York State Freelance Isn’t Free Act. In just that short while, the Freelance Act has become a hot button litigation topic in the real estate brokerage world
Endeavor Real Estate Group brokers $2.93 million sale of the Culver Road Apartments

Endeavor Real Estate Group brokers $2.93 million sale of the Culver Road Apartments

September 9, 2025
Irondequoit, NY Endeavor Real Estate Group has completed the successful sale of the Culver Road Apartments, a 42-unit garden-style multifamily community. The property was acquired by a local investor with sizable multifamily
Endeavor Real Estate Group brokers $3.8 million sale of flex building

Endeavor Real Estate Group brokers $3.8 million sale of flex building

September 9, 2025
Henrietta, NY Endeavor Real Estate Group has completed the successful representation of the buyer in the acquisition of 265 Thruway Park Drive, a high-quality flex building
Vornado Realty Trust <br>leases 203,000 s/f to Verizon

Vornado Realty Trust
leases 203,000 s/f to Verizon

August 26, 2025
Manhattan, NY Vornado Realty Trust said that Verizon will relocate its New York headquarters to PENN 2, Vornado’s reimagined office tower in The Penn District campus. As part of a 19-year lease, Verizon will occupy 200,000 s/f in office space across the eighth
Arrow arranges $61 million financing <br>for acquisition of 5 Hanover Sq.

Arrow arranges $61 million financing
for acquisition of 5 Hanover Sq.

August 26, 2025
Manhattan, NY Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Sq., a 300,000 s/f office building in the Financial District. The financing supports a joint venture between Samuel Fisch and David Werner and
Merchants Capital secures $60.5 million <br>for 602-unit Ocean Park Apartments

Merchants Capital secures $60.5 million
for 602-unit Ocean Park Apartments

August 26, 2025
Queens, NY Merchants Capital closed $60.5 million in total financing for Tredway’s acquisition and preservation of Ocean Park Apartments, a 602-unit affordable housing community in Far Rockaway.
Question of the Month: How can a surveyor accelerate the development process? by Rich Guisado

Question of the Month: How can a surveyor accelerate the development process? by Rich Guisado

August 26, 2025
When it comes to land development, choosing the right surveyor is more than checking a box – it can critically impact your project. For developers, surveys lay the groundwork for everything that follows, from accurate designs and permitting to keeping schedules