Category: Brokerage
July 2020 message from the president of NYSCAR - by James Walker
August 4, 2020
I hope you are doing well and staying safe. I know everyone has been very busy getting back to work and I just want to remind you that it is of the utmost importance to follow safety guidelines issued by
Employer liability during Phase Four of reopening in New York City - by Mark Silverstein and Lynn Ju...
August 4, 2020
New York City has just reached an important milestone. As of July 20th, the city has entered Phase Four of reopening, in which retail businesses, hair salons and personal service businesses, low-risk outdoor venues (zoos and gardens), media production companies
Zaken joins JAACRES
August 4, 2020
New York, NY David Zaken has joined the JAACRES commercial real estate brokers. He will report to JAACRES president Joseph Aquino
Verderber and Frankel of Silber Investment Properties handle Walgreens sale – $9 million
August 4, 2020
Binghamton, NY Silber Investment Properties completed the sale of a 13,804 s/f Walgreens for $9 million at a 6.5% cap rate. The subject property, located at
Cronheim Mortgage arranges $11.9 million financing for Mountain View Terrace Apartments
August 4, 2020
Latham, NY Cronheim Mortgage arranged $11.9 million in non-recourse financing for Mountain View Terrace Apartments, a 128-unit garden apartment complex. The loan was structured on
Meridian Investment Sales retained as exclusive agent for Queens warehouse
August 4, 2020
Queens, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, has been named exclusive agent for sale 97-25 Beach Channel Dr.
Rock and Marks of Marcus & Millichap Capital Corp. arrange $15 million refinancing
August 4, 2020
Manhattan, NY Marcus & Millichap Capital Corp. (MMCC) has completed the financing of 521-523 W 48th St., according to regional manager/vice president John Krueger. MMCC organized $15 million in refinancing.
Rodriguez of Rodriguez Commercial represents Klosed in $1.45 million Brooklyn acquisition
August 4, 2020
Brooklyn, NY Klosed Properties acquired 91 East 21st St. in the Prospect Park South neighborhood for $1.45 million. The subject property is a 16-unit, rent-stabilized building containing 19,500 s/f. Erik Rodriguez of Rodriguez Commercial
Simone honored with lifetime achievement award from Boys & Girls Club of Mount Vernon
August 4, 2020
Mount Vernon, NY The Boys & Girls Club of Mount Vernon (BGCMV) presented community and business leader Pat Simone, founder of Simone Development, with a posthumous Lifetime Achievement Award
Marx Realty signs 10-year lease with Wells Fargo
August 4, 2020
Manhattan, NY Marx Realty has signed a 10-year retail lease with Wells Fargo to occupy 4,700 s/f of retail space at 545 Madison Ave. in the Plaza District. Marx Realty was represented internally by Henry Henderson and Wells Fargo was represented by Annette Healey of CBRE.
Cole Schotz P.C. advises G4 Capital Partners in $75 million loan
August 4, 2020
Manhattan, NY Cole Schotz P.C. has advised G4 Capital Partners in a $75 million loan to Jeffrey Dagowitz’s JHG Holdings and investor Adam Neumann for a future project on West 23rd St. G4 provided the debt, which refinances
Extell Development Co. begins closings at 483-unit Brooklyn Point,
located above 600,000 s/f Cit...
August 4, 2020
Brooklyn, NY According to Extell Development Co., it has started closings and first move-ins at Brooklyn Point, located above City Point, a 600,000 s/f retail, dining and entertainment complex.
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