Category: Brokerage
Stenson of Brax Realty exclusively handles $6.48 million Manhattan sale
February 18, 2020
Manhattan, NY Alan Stenson, senior director of locally-based investment sales brokerage firm Brax Realty has completed the sale of a 6,250 s/f mixed-use building in the Chelsea neighborhood. The property, 220 West 16th St., located
Anchin hosts Future Forward 2020: What’s Next for NY Real Estate and Construction
February 18, 2020
Manhattan, NY Anchin hosted its 6th annual industry-leading forum, Future Forward 2020: What’s Next for New York Real Estate and Construction, on February 4th at the Sheraton New York Times Sq. Hotel.
Mission Capital Advisors place $8.2 million bridge loan
February 18, 2020
Manhattan, NY Mission Capital Advisors’ debt and equity team arranged an $8.2 million bridge loan for 34 West 28th St., a retail/office property in the Midtown South neighborhood. Mission worked on behalf of the borrower,
Hedaya and Hammer of Meridian arrange $7.5m acquisition financing in five days for Bronx multifamily...
February 7, 2020
Bronx, NY Meridian Capital Group arranged $7.5 million in acquisition financing in five days for a multifamily property in the Soundview neighborhood. The interest-only loan, provided by a debt fund, features a LIBOR-based floating rate and was
The Dagar Group brings Tesla Supercharger station to Fishkill; Livshin of Dagar is property’s mana...
February 4, 2020
Fishkill, NY According to The Dagar Group, there is something new coming to the Hudson Valley Towne Center, at 18 Westage Dr. Located at the intersection of Rte. 9 and I-84, Tesla will be joining Regal Cinema, Chipotle, Five Guys, Famous Footwear, GH Bass,
Tishman Speyer secures 530,000 s/f lease with Debevoise & Plimpton; Sukenik, Mongeluzo, Cohen of NKF...
February 4, 2020
Manhattan, NY According to Tishman Speyer, Debevoise & Plimpton LLP will relocate its law firm headquarters to The Spiral, its 65-story office tower currently under construction at 66 Hudson Blvd. Debevoise will occupy 530,000 s/f on
Daten Group to build 117,000 s/f mixed-use building in Brooklyn's Clinton Hill neighborhood
February 4, 2020
Brooklyn, NY The Daten Group unveiled plans to build a nine-story 135-unit mixed-use rental building at 540 Waverly Ave. in the Clinton Hill neighborhood at the intersection of Atlantic and Waverly Aves. The 24,000 s/f site will have
The hunt for yield in 2020 - by Jason Weissman of Boston Realty Advisors
February 4, 2020
Macroeconomic and geopolitical uncertainty has had capital from around the globe flocking to the U.S. Treasury market for decades. Albeit one of the safest investments in the world, yields are at historic all-time lows, making it an arduous task to achieve attractive
Question of the Month: What does NY’s new climate change law mean for owners, how do they leverage...
February 4, 2020
New York State enacted the Climate Leadership and Community Protection Act (CLCPA) on July 18, 2019. This law codifies that NYS must reduce its greenhouse gas emissions by 85% over 1990 levels by 2050. The law affects every sector of the
New Rochelle embraces downtown development again; Cappelli raises The Standard
February 4, 2020
The real estate guru who is rightfully credited for New Rochelle's initial downtown development achievements several years ago is back and primed for his much-touted return. Louis Cappelli, who elegantly re-shaped our city's skyline when he built
Finiki of Largo secures $10m financing for hotel acquisition; Carswell and Phillips of Largo Cap. ar...
February 4, 2020
Buffalo, NY Tim Finiki, vice president of originations at the Largo Group of Cos., secured $10 million in non-recourse financing for the acquisition of a Hampton Inn & Suites. The hotel was acquired while still in the
DASNY and SUNY complete $2 million Health & Counseling Services Center for University at Albany camp...
February 4, 2020
Albany, NY The Dormitory Authority of the State of New York (DASNY) and The State University of New York (SUNY) have completed a $2 million Health & Counseling Services Center on the University at Albany campus. The relocation
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