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Articles Archive for 19 August 2011

Deals & Dealmakers, Featured »

[19 Aug 2011 | No Comment | ]
Capital markets arena keeps martial artist Preston Flammang on his toes

By Roland Li

One of Preston Flammang’s favorite pursuits is Shin Bu Kan, a martial art that he has been practicing for four years. It requires strength, flexibility and particularly discipline – traits that Flammang also values as a broker. Flammang is director of Massey Knakal’s Capital Services division, where he works with lenders, buyers and owners of commercial property in an era where fiscal discipline is paramount.

Construction & Design, Featured »

[19 Aug 2011 | 5 Comments | ]
Partners to transform Bronx factory site into retail center

A five-acre former biscuit factory in Riverdale, in the northwest corner of the Bronx, is to be redeveloped as a multi-tenant retail center. Joseph Farkas, president of Metropolitan Realty Associates, has acquired the site for $18 million, in a joint venture with long-time equity partner Angelo, Gordon & Co., LP, and has announced plans to construct two retail buildings totaling 162,000 s/f. The development, which allows for rooftop parking, will be called Riverdale Crossing.

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