Category: New York City

Meridian Capital Group arranges $70 <br>million refinance for 500,000 s/f office

Meridian Capital Group arranges $70
million refinance for 500,000 s/f office

November 11, 2025
Queens, NY Meridian Capital Group has arranged $70 million in financing for a 12-story, 500,000 s/f Class A office property located in Kew Gardens. The five-year, interest-only loan was provided by Citi Bank through a CMBS execution.

AmTrustRE’s 203 Jay St. secures 20,000 s/f in office and retail leases

AmTrustRE’s 203 Jay St. secures 20,000 s/f in office and retail leases

November 11, 2025
Brooklyn, NY AmTrustRE completed three office leases totaling more than 20,000 s/f at 203 Jay St. The company also added new culinary and beverage offerings at the building: Didi’s Pizza and Wine Bar and Bond St. Coffee and Goods. The eight-story office and retail property, located in DUMBO,
Aaron of Horvath & Tremblay completes sale of two mixed-use properties for $4.34 million

Aaron of Horvath & Tremblay completes sale of two mixed-use properties for $4.34 million

November 11, 2025
Manhattan, NY Robert Aaron of Horvath & Tremblay has completed the sale of 333 1st Ave. Horvath & Tremblay exclusively represented the seller and procured the buyer. The asset sold for $2.8 million. 333 1st Ave. is a seven unit mixed-use investment
GFP Real Estate unveils lobby renovation at 594 Bdwy.; design provided by GACHOT

GFP Real Estate unveils lobby renovation at 594 Bdwy.; design provided by GACHOT

November 11, 2025
Manhattan, NY GFP Real Estate completed a full-scale renovation of the lobby at 594 Bdwy. The reimagined space, designed by interior design studio GACHOT, reflects an aesthetic crafted to welcome tenants and visitors.
Cord Meyer Development breaks ground <br>on 102,000 s/f mixed-use 90-32 Queens Blvd.

Cord Meyer Development breaks ground
on 102,000 s/f mixed-use 90-32 Queens Blvd.

November 11, 2025
Queens, NY Cord Meyer Development celebrated a major milestone on October 29th with a ceremonial groundbreaking for its mixed-use project at 90-32 Queens Blvd. in Elmhurst. The seven-story, 102,000 s/f development will combine 93 residential units with more than 32,000 s/f of retail and community-facility
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

November 11, 2025
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
Koicim, Markley and Berger of Marcus & Millichap facilitate sale of 17-unit multifamily for $7.25 million

Koicim, Markley and Berger of Marcus & Millichap facilitate sale of 17-unit multifamily for $7.25 mi...

November 11, 2025
Manhattan, NY Marcus & Millichap brokered the $7.25 million sale of a 17-unit multifamily building at 269-271 East Houston St. “The sale of 269-271 East Houston St. underscores
Summit Properties acquires 444 Madison Ave. for $41.7 million

Summit Properties acquires 444 Madison Ave. for $41.7 million

November 11, 2025
Manhattan, NY Summit Properties has acquired 444 Madison Ave. tower, for a reported $41.7 million. Originally completed in 1931, 444 Madison Ave. is a 500,000 s/f, 42-story building that occupies an entire blockfront
Artificial intelligence takes center stage at CREtech New York 2025

Artificial intelligence takes center stage at CREtech New York 2025

November 11, 2025
Manhattan, NY Artificial intelligence dominated the conversation at this year’s CREtech New York, shaping discussions across every corner of commercial real estate, from site development and acquisitions to asset management,
M&T Realty Capital appoints Cohen and Hogan as senior vice presidents of loan originations

M&T Realty Capital appoints Cohen and Hogan as senior vice presidents of loan originations

November 11, 2025
New York, NY M&T Realty Capital Corp. (M&T RCC) has appointed Andrew Cohen and Shane Hogan as senior vice presidents of loan originations. Both will be based in the firm’s N.Y.C. office and will focus on nationwide
Bungalow Projects and Bain Capital Real Estate close $304m in construction financing for development of Echelon Studios

Bungalow Projects and Bain Capital Real Estate close $304m in construction financing for development...

November 11, 2025
Brooklyn, NY Fried Frank advised Bungalow Projects, a real estate development firm focused on creating production hubs for episodic, film and digital content creation, and Bain Capital Real Estate, on the closing of $304 million in construction financing to support
Arrow Real Estate Advisors arranges $8.3 million refinance for 35 East Bdwy.

Arrow Real Estate Advisors arranges $8.3 million refinance for 35 East Bdwy.

November 11, 2025
Manhattan, NY Arrow Real Estate Advisors closed an $8.3 million refinance loan on behalf of Albert Malekan for 35 East Bdwy., a 31,315 s/f office property located in Chinatown. The financing was provided by Axos Bank and arranged by Jacob Schmuckler, senior director, and Meir
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