Category: Brokerage

REBNY report outlines contributions from real estate industry to New York City’s tax base and economy

REBNY report outlines contributions from real estate industry to New York City’s tax base and econ...

March 25, 2025
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
Phillips of Largo Real Estate secured $16.5 million refinance

Phillips of Largo Real Estate secured $16.5 million refinance

March 25, 2025
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
Phillips of Largo Real Estate secures $4.9 million refinancing

Phillips of Largo Real Estate secures $4.9 million refinancing

March 25, 2025
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
Avison Young develops extension and expansion for LEEP Dual Language Academy in Sunset Park

Avison Young develops extension and expansion for LEEP Dual Language Academy in Sunset Park

March 18, 2025
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
Ariel Property Advisors arranges $17.8 million sale of  224 3rd Ave. development site

Ariel Property Advisors arranges $17.8 million sale of 224 3rd Ave. development site

March 11, 2025
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
Phillips of Largo Real Estate Advisors <br>secures $2.95 million financing

Phillips of Largo Real Estate Advisors
secures $2.95 million financing

March 11, 2025
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.
Eberz of CBRE Upstate brokers $4 million <br>sale of 164,025 s/f office building

Eberz of CBRE Upstate brokers $4 million
sale of 164,025 s/f office building

March 11, 2025
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,
Kirchhoff Cos. and UNION<br> recognized for Eastdale Village

Kirchhoff Cos. and UNION
recognized for Eastdale Village

March 11, 2025
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.
Forte Construction and Citnalta Construction complete modernization of 68th St.-Hunter College Subway Station

Forte Construction and Citnalta Construction complete modernization of 68th St.-Hunter College Subwa...

March 11, 2025
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
Houlihan Lawrence Commercial and Feirstein Properties sell 1.6 acres

Houlihan Lawrence Commercial and Feirstein Properties sell 1.6 acres

March 11, 2025
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
Savanna acquires 430 West 15th St. 95,000 s/f office building for $85 million

Savanna acquires 430 West 15th St. 95,000 s/f office building for $85 million

March 11, 2025
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
Simone Development Companies leases 859,999 s/f in 2024

Simone Development Companies leases 859,999 s/f in 2024

March 11, 2025
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
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