Cushman brings Meatpacking District property to market
Cushman & Wakefield has been selected by ASB Real Estate Investments as the exclusive leasing agent for 26,466 s/f of available office space and 10,000 … Continued
Category : Blog
Restaurant operator BKUK Hospitality signs 7,101 s/f lease at 1717 Broadway
Okada & Company has arranged a lease for BKUK Hospitality Groupʼs newest outpost at 1717 Broadway. BKUK, which operates a string of restaurants in the city, signed a lease for the 7,101 s/f fifth floor space, becoming the first tenant to occupy the space since the property was built. At 753 feet of height, 1717 …
Greystone, NES and Capital United partner to address EB-5 backlog
Capital United, Greystone, and NES Financial have joined forces to develop an EB-5 Redeployment Program to address risk due to mounting backlog issues as a result of the EB-5 program’s popularity, including retrogression of Chinese investor visa applications. The redeployment investment opportunity is designed specifically to help New Commercial Enterprises (NCEs) with efforts to satisfy …
Arbor Realty first lender to $2 billion mark in Freddie Mac small balance loans
Arbor Realty Trust, Inc., a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other assets, announced it has surpassed a milestone in its small balance loan history as the first lender to reach $2 billion in Freddie Mac Small Balance loans. “Our volume, …
Sitex lands $119M loan for Red Hook industrial portfolio
Meridian Capital Group arranged $119 million in acquisition financing for the purchase and repositioning of a Red Hook industrial portfolio located in Brooklyn, on behalf of Sitex Group. The loan, provided by a debt fund, features a competitive rate and full-term interest-only payments. The transaction was negotiated by Meridian Senior Managing Director, Tal Bar-Or and …
Happy Living Development secures $32M loan for Prospect Heights property
Aristone Capital, a Propellr Company, provided New York-based Happy Living Development with $31.7 million acquisition and construction financing for a residential condominium development with ground … Continued
Music publishing co. signs lease at WKOʼs 2 Gansevoort Street
The William Kaufman Organization (WKO) announced that Kobalt Music, an independent music services company, has signed a lease for 23,000 s/f at 2 Gansevoort Street, a nine-story, landmarked office property in the Meatpacking District. Kobalt’s new lease encompasses the entire 6th floor of the property, which is situated at the...
Foundlings find home in The Bronx
Douglaston Development announced that The New York Foundling, a non-profit organization dedicated to empowering children and families, has opened its 10th New York City location … Continued
Marketing firm expands at 469 Seventh Avenue
In a transaction arranged by Marc Schoen and Brian Neugeboren of The Schoen Group at Savitt Partners, Intouch Solutions, a digital marketing company serving the pharmaceuticals and healthcare industries, has committed to an expansion for 10 years for 17,000 s/f on the 8th floor at 469 Seventh Avenue. Intouch Solutions will also be extending their …
Medical group relocates to LIC with 21,000 s/f lease
Newmark Knight Frank (NKF) represented Schweiger Dermatology Group in their corporate headquarters relocation to 27-01 Queens Plaza North, in Long Island City, Queens. Ryan Gessin … Continued