The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, released its latest “Invisible Engine” report, which highlights the critical role the real estate
Buffalo, NY According to Largo Real Estate Advisors, Inc., Jack Phillips, principal, has successfully secured a permanent first mortgage to refinance the existing debt on a restored mixed-use property. This historic building
Amherst, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., successfully secured a permanent first mortgage to refinance the existing debt on a suburban medical office building. The property houses a variety
Brooklyn, NY Avison Young has arranged a new lease to facilitate the expansion of LEEP Dual Language Academy Charter School at 5323 5th Avenue in Sunset Park. The school opened its original 24,500 s/f facility in August
Brooklyn, NY Ariel Property Advisors (Ariel) has arranged the sale of a 59,995 buildable s/f development site, which includes 6,000 s/f of air rights, at 224 3rd Ave. in the Gowanus neighborhood for $17.8 million, or $296 per buildable s/f. The site had approved plans to
Lancaster, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., arranged a $2.95 million permanent first mortgage to refinance the existing debt on a 20,000 s/f multi-tenant medical office building located in the suburbs of Buffalo.
Hamburg, NY CBRE Upstate NY negotiated the $4 million sale of 3556 Lake Shore Rd. The 164,025 s/f office building is on a 25-acre parcel near Woodlawn Beach State Park along the eastern shore of Lake Erie. CBRE Upstate NY’s Lida Eberz represented the seller, R&P Oak Hill LLC,
Poughkeepsie, NY Eastdale Village Town Center was lauded for its design and community impact. Kirchhoff and Union Studios received a 2024 Urban Guild Design Excellence Award from The Urban Guild for bringing the Eastdale vision to life.
Manhattan, NY The Metropolitan Transportation Authority (MTA) and Federal Transit Administration (FTA) celebrated the completion of a modernization and expansion project at the 68th St.-Hunter College Subway Station, bringing the more than century-old transit facility
Yorktown Heights, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, brokered the sale of 1.6 acres of vacant land on Saw Mill River Rd. The 1.6-acre site, which is located in the highway commercial zone, is directly across from the Yorktown Green Shopping Center
Manhattan, NY Savanna has acquired the leasehold interest for 430 West 15th St., an eight-story, 95,000 s/f office property located in the Meatpacking District. Savanna acquired the class-A office building at a deeply discounted price of $85 million. The building is fully
Bronx, NY Simone Development Companies’ total leasing activity in 2024 was nearly 860,000 s/f. Of the total 116 deals, new leases accounted for 382,073 s/f with renewals totaling 477,926 s/f “We are very pleased with the level of leasing activity that our team has achieved