Category: Brokerage

July message from the president of NYSCAR - James Walker

July message from the president of NYSCAR - James Walker

July 7, 2020
The NYSCAR Board of Governors met via Zoom on June 8th. This board meeting was due to take place at the Annual Conference which unfortunately was cancelled due to COVID-19. At this point, we have
Crisalli, Crisalli and Arcuri of SRG sell 13,452 s/f for $1.42m; firm completes two additional sales totaling $690,000

Crisalli, Crisalli and Arcuri of SRG sell 13,452 s/f for $1.42m; firm completes two additional sales...

July 7, 2020
Syracuse, NY Syracuse Realty Group (SRG) has completed the following transactions: 135 E. Water St. was sold for $1.42 million. The 13,452 s/f historic Hanover Sq. mixed-use building contains
Rodriguez of Rodriguez Commercial Realty sells 3,120 s/f property for $994,999

Rodriguez of Rodriguez Commercial Realty sells 3,120 s/f property for $994,999

July 7, 2020
Brooklyn, NY Erik Rodriguez of Rodriguez Commercial Realty (RCR) was the sole broker in the $994,999 sale of 448 E 46th St. located between Church and Snyder Aves., in the East Flatbush neighborhood.
Buckingham Properties celebrates groundbreaking of 260 East Broad St. in Rochester with Butler/Till

Buckingham Properties celebrates groundbreaking of 260 East Broad St. in Rochester with Butler/Till

July 7, 2020
Rochester, NY Buckingham Properties and Butler/Till held a ceremonial groundbreaking for a new mixed-use development on June 11th, 2020. Located at 260 East Broad St., the ceremony celebrated the development of
Lynx Mortgage Bank secures $12.5 million financing for 80-key Holiday Inn Express in New Rochelle

Lynx Mortgage Bank secures $12.5 million financing for 80-key Holiday Inn Express in New Rochelle

July 7, 2020
New Rochelle, NY Lynx Mortgage Bank, LLC – Commercial Division has secured $12.5 million conventional ground up financing for 34,000 s/f, 80-key Holiday Inn Express.
Lendlease and L+M Development close on $250 million construction financing for 100 Claremont Ave.

Lendlease and L+M Development close on $250 million construction financing for 100 Claremont Ave.

July 7, 2020
Manhattan, NY Lendlease and L+M Development Partners have closed on their construction financing for 100 Claremont Ave. 100 Claremont Ave. is a transformative 354,000 s/f
Black of Horvath & Tremblay completes three retail sales totaling $8.239 million; includes $2.019 million sale of stand-alone Wendys

Black of Horvath & Tremblay completes three retail sales totaling $8.239 million; includes $2.019 mi...

July 7, 2020
Newark, NY Jeremy Black of Horvath & Tremblay has completed the sale of three retail properties for a total of $8.239 million.
Levine of Greystone originates $43.88 million for three skilled nursing facilities on behalf of Centers for Care

Levine of Greystone originates $43.88 million for three skilled nursing facilities on behalf of Cent...

July 7, 2020
Canandaigua, NY Greystone provides $43.88 million in total HUD-insured financing for a trio of affiliated skilled nursing facilities in Upstate. The separate transactions were originated by Fred Levine of Greystone on behalf of Centers for Care.
North River Co. signs two leases in Long Island City: 63,185 s/f total

North River Co. signs two leases in Long Island City: 63,185 s/f total

July 7, 2020
Queens, NY North River Company (NRC) has completed two new industrial leases totaling 63,185 s/f within its Long Island City area portfolio.
Fordham Real Estate Institute, Dansker Capital Group host webinar, “A New Normal: Insiders Look at The State of The Market and What’s Next”

Fordham Real Estate Institute, Dansker Capital Group host webinar, “A New Normal: Insiders Look at...

July 7, 2020
strong>New York, NY On Tues., June 30th, the Fordham Real Estate Institute (REI) and Dansker Capital Group hosted a thought-provoking webinar that tackled the state of real estate in the city and where we go from here.
Suburban hubs offer possible solution to office re-openings - by Gary O’Connor and Joshua Cole

Suburban hubs offer possible solution to office re-openings - by Gary O’Connor and Joshua Cole

July 7, 2020
With government restrictions lifting and reopening under way, many companies are facing difficult decisions regarding the utilization of their current office space located in the central business districts of our major urban centers.
Doshi and Mehra of Meridian sell Hamilton Heights property for $5.1 million

Doshi and Mehra of Meridian sell Hamilton Heights property for $5.1 million

July 7, 2020
Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra closed on the sale of 400 West 153rd St. in the Hamilton Heights neighborhood. The landmark building sold for $5.1 million, yielding a capitalization rate of 5.2%, $203 per s/f, $204,000 per unit and