October 18 - 31, 2016

Digital Edition

Front Section

Manhattan, NY Real estate attorney Joshua Stein recently hosted an evening of connecting and  reconnecting in his office, 501 Madison Ave.  Stein hosts these parties a few times a year to bring together investors, buyers, sellers, developers, attorneys, and other service providers in the real estate industry, as well as professionals outside the industry.

New York, NY The plan for Hudson Yards District was illuminated by some of the key players behind the transformation of the West Side in front 150 national delegates at CREW Network’s Convention in New York City. Panelists included leaders from all the major developers building the new neighborhood, Related Urban, The Moinian Group and Brookfield…Read More

New York, NY CBRE Group, Inc. has released the firm’s latest under-20,000 s/f office leasing transactions in New York City. The form closed seven leases totaling 67,009 s/f. The deals include the following: • Jared Freede and Paul Myers of CBRE represented Urban Engineers at 2 Penn Plaza in a 12,270 s/f direct renewal on the partial 11th floor. The…Read More

Brooklyn, NY Ariel Property Advisors has brokered the sale of 392 15th Street, a three-story, six-unit multifamily building in Park Slope. Located between Seventh and Eighth Aves., the property is located one block west of Prospect Park. The property sold for $2.7 million. The 4,860 s/f building contains six residential units, of which there are five two-bedroom apartments and…Read More

New York, NY Cushman & Wakefield’s Robert Burton and Keegan Mehlhorn have been retained on an exclusive basis to arrange for the sale of 365 Canal St., a mixed-use building located between Wooster St. and West Broadway in Manhattan’s SoHo – Cast Iron Historic District. The five-story, 17,500 s/f property sits on a 42-ft. by 86-ft. lot and is…Read More

New York, NY Ivan Friedman, president and CEO of RCS Real Estate Advisors recently sat down with the New York Real Estate Journal for a question and answer session. Friedman founded RCS Real Estate Advisors in 1981 to facilitate restructuring strategies for retail companies. Q: Please explain exactly what RCS Real Estate Advisors does? A:…Read More

Colonie, NY Brian Sheldrick, managing director of The Largo Group of Cos., secured $18.3 million in financing for a neighborhood retail shopping center located at 1770 Village Square and a portfolio of four light industrial buildings all situated within the Albany-Schenectady-Troy area. The projects are well-occupied and well-tenanted by a mix of national, regional and…Read More

Brooklyn, NY According to BFC Partners and Brownstoner Development, A+E Networks will be the newest tenant of 1000 Dean St., a historic Crown Heights commercial building that is becoming a new home for the area’s creative community. The pioneering deal will help launch A+E’s 45th & Dean multi-platform content-creation hub, making it the first major…Read More

Brooklyn, NY Besen & Associates has completed the sale of a 4-building package for $7.4 million, consisting of 907 Nostrand Ave., 739 Church Ave., 1080-1082 Utica Ave. and 196 Utica Ave. The portfolio was exclusively represented by Greg Corbin, Miguel Jauregui and Saadya Notik The Corbin Group atBesen & Associates, who also procured the purchaser….Read More

Manhattan, NY Emerald Creek Capital originated a $15.2 million bridge loan. The subject property is two adjacent lots totaling 5,062 s/f located at 8-12 Maiden Ln. in the Financial District. After development, the subject property will be a 75,467 s/f, 192-key boutique hotel. The loan was originated by Dean Wang. Emerald Creek Capital is a…Read More

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Upcoming Events

  1. Construction Industry Breakfast Forum

    October 25 @ 8:00 am - 11:00 am
  2. CIBS LI Annual Meeting

    October 26 @ 6:00 pm - 10:00 pm
  3. Queens Chamber RE Committee meeting

    October 27 @ 8:00 am - 10:00 am