Category: Brokerage
Orange Bank & Trust names Smith to head bank’s expansion into construction and trade industries
May 27, 2025
Middletown, NY Orange Bank & Trust Company has made an investment and deeper focus on the construction and trade industries. The bank has chosen Patrick Smith, SVP, former relationship manager of the bank’s Mount Vernon branch and a banker with knowledge of the construction industry, to spearhead this
Rosenberg & Estis represents The Durst Organization in restaurant lease at One Bryant Park
May 27, 2025
Manhattan, NY Rosenberg & Estis, P.C. (R+E) represented The Durst Organization on a new restaurant lease at One Bryant Park. Rosenberg & Estis member Jolie Meer and associate Meghan Paola negotiated a 15-year, 9,000 s/f lease with the Momoya, which will open an elevated new Japanese restaurant concept
Adirondack Capital Partners brokers $9.45 million sale of 74-unit Overlook Apartments
May 27, 2025
Troy, NY Adirondack Capital Partners negotiated the sale of Overlook Apartments, a 74-unit multifamily community. Michael Hunter Coghill of Adirondack Capital Partners represented the seller, Overlook Revive LLC, and the buyer, Corridor Ventures.
Foodservice accessibility: How automatic doors make restaurants more inclusive
May 27, 2025
New York, NY Restaurants and other foodservice establishments play an important role in creating inclusive, welcoming environments for all guests, including those with physical disabilities. According to the American Association of Automatic Door Manufacturers (AAADM), automatic doors are a key component of ensuring
Ariel Property Advisors arranges over $20 million in sales in Brooklyn
May 27, 2025
Brooklyn, NY Ariel Property Advisors (Ariel) has arranged the sale of multiple properties across the borough, totaling more than $20 million. “Spanning development sites, mixed-use and multifamily assets, these transactions underscore the continued strength of Brooklyn’s real estate market and
Peanut and Honey and KidStrong join Jasper
May 27, 2025
Long Island City, NY The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group made known that two new retail leases totaling 4,560 s/f at Jasper, a mixed-use development, have been signed. The new tenants Peanut and Honey, a children’s clothing store, and KidStrong, a children’s athletic
Is a bank required to take a deed in lieu? - by Thomas Kearns
May 27, 2025
Non-recourse loans are the market standard for sophisticated New York real estate transactions. Non-recourse means the lender only has recourse against the property itself. There is no liability for the borrower or any principal of the borrower for any shortfall other than what are known as carve-outs – those are certain
Largo Capital closes $17.35 million bridge loan for Culver Ridge Plaza
May 27, 2025
Irondequoit, NY Largo Capital closed a $17.35 million bridge loan for Culver Ridge Plaza, a 291,000 s/f shopping center. The financing was secured through Bank of America, with Kevin Ross leading the transaction and support from Michelle Colosimo.
IREON Insights: Acejan Capital acquires Supplies Buddy and launches Medama I-Track
May 27, 2025
Brooklyn, NY Acejan Capital has acquired the technology and intellectual property of Supplies Buddy, including its brand name. This strategic move is aimed at enhancing the development of innovative solutions for tracking inventory, equipment, machinery, waste bins, paper towel dispensers, safety alerts, employee tasks,
Apollo Global Management leases 100,000 s/f at 590 Madison Ave.
May 27, 2025
Manhattan, NY 590 Madison Ave., the one million s/f office tower with office and retail space managed by Edward J. Minskoff Equities, signed a lease with Apollo Global Management (Apollo) for 100,000 s/f across four full floors.
Arrow Real Estate Advisors acquires 317 and 321 East 17th St. for $33.5 million
May 27, 2025
Manhattan, NY Arrow Real Estate Advisors has acquired 317 and 321 East 17th St. The two properties were acquired from Mount Sinai Hospital and were used as medical offices for the hospital. Located in the Gramercy neighborhood, the two properties will both be converted into residential housing. Morris Betesh
Why reviewing a Delaware Statutory Trust sponsor’s track record matters - by Dwight Kay
May 27, 2025
When evaluating a Delaware Statutory Trust (DST) investment for a 1031 exchange or direct cash purchase, investors often focus on the asset itself — location, tenant, lease structure, and potential returns. However, one of the most critical, and often overlooked, factors is the track record of the DST sponsor. Taking a close
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