Home » Archive

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]

Building and Land Technology (BLT), developer of Harbor Point, announced several advancements in conjunction with its Harbor Point Gateway Garage, the state-of-the-art parking facility that opened in May at the Stamford Transportation Center.
The first, the opening of a pedestrian bridge spanning Washington Boulevard between Gateway and the train platform, provides multiple benefits for commuters using the Stamford Transportation Center. The bridge was financed in a partnership between BLT and the Connecticut Department of Transportation (CONNDOT).
It promises to both reduce traffic congestion and separate pedestrians from automobile traffic, while providing …

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]
Transwestern tapped to lease business park

Transwestern’s New Jersey office has been selected as the exclusive leasing agent for a four-building business park on Princess Road in Lawrence Township, New Jersey.
Transwestern managing director Jeffrey Furey will lease the 125,000 s/f complex on behalf of its owner, TMC Properties LLC.
Furey, who recently joined Transwestern, has been the longtime leasing agent for the properties at 9, 11, 15 and 17 Princess Road, where his efforts have resulted in a nearly 10 percent decrease in vacancy.
“Jeff has proven to be one of the most successful commercial brokerage professionals in …

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]

Abramson Brothers Incorporated recently brokered a 17,266 s/f deal for Jay Suites at 315 Madison Avenue.
Alan and Adam Abramson of Abramson Brothers represented the landlord, while Sean Black of Jones Lang LaSalle represented the tenant.
Jay Suites will be leasing 9,961 s/f on the third floor and 7,305 s/f on the fourth floor, totaling 17,266 s/f, for a 13-year term.
“We are very excited to have Jay Suites in the building,” said Adam Abramson, vice president and principal of Abramson Brothers Inc.
“We were impressed with their existing locations and believe the …

Construction & Design, Featured, Finance & Accounting »

[18 Dec 2014 | No Comment | ]
Brausers land $62M to build new Fulton Street  apartment tower

HFF has arranged $61.75 million in financing for the development of Exhibit, a luxury residential tower comprised of 120 residential rental units and 6,800 s/f of retail space located at 60 Fulton Street in Lower Manhattan.

HFF worked on behalf of Gerald Brauser and Steven Brauser of The Parkland Group, LLC to secure a 33-year construction-perm loan through Pacific Life Insurance Company.

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]

CBRE Capital Markets’ Debt & Structured Finance team has secured $151 million in financing on behalf of Harbor Group International of Norfolk, Virginia, for the acquisition of The England Group Portfolio, a 2,368-unit multifamily portfolio consisting of nine institutional-quality assets, in some of the most sought-after submarkets in the Dallas/Fort Worth and Houston areas.
A total of nine loans were provided in three separate closings. Freddie Mac provided seven new mortgages, each with a seven-year term and a floating interest rate.
In addition, Freddie Mac provided two supplemental loans on …

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]
Rosenberg & Estis signs 48,000 s/f lease at Durst building

The law firm Rosenberg & Estis, P.C. has renewed and expanded its occupancy at 733 Third Avenue to 48,264 s/f.
The company signed a 10-year lease with building owner The Durst Organization at the Class A, 446,000 s/f office building.
Rosenberg & Estis was represented in-house by Michael Lefkowitz and William Byers, members of the law firm.
The Durst Organization was represented by David Neil, chief administrative officer of its leasing and marketing division, and Thomas Bow, senior vice president and director of leasing.
“733 Third Avenue has been our home for the past …

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]

Law firm Wolff & Samson PC extended and expanded its lease at The Offices at Crystal Lake in West Orange, NJ, to 92,399 S/F for 10 more years.
Newmark Grubb Knight Frank’s David Simson, vice chairman and COO of New Jersey operations, and Blake Goodman, managing director, exclusively represented the tenant in the lease negotiation.
The multi-practice law firm is increasing its space by 11,040 s/f on the first floor, adding to its footprint on the first, second and third floors.
The 106,000 s/f, four-story office building located at 1 Boland …

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]

Architectural firm Snøhetta will soon relocate its New York headquarters to the Rudin Family tower at 80 Pine Street.
The firm — which has offices in Oslo, Norway, New York, and San Francisco — has signed a 10-year, 19,321 s/f lease comprising a portion of the 10th floor of the 38-story office building.
The move comes as Snøhetta continues to expand its presence in the New York City and North American market.
In 2004, the firm established its first Manhattan outpost after it was commissioned to design the National September 11 Memorial …

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]

Urban Land Institute New York (ULI New York) has launched its UrbanPlan educational program in the New York City metropolitan area.
UrbanPlan is serving even more New York City high schools this year, educating and mentoring juniors and seniors about urban planning and development.
UrbanPlan is a realistic and academically challenging classroom-based, web-supported program in which high school juniors and seniors learn the roles, issues, trade-offs and economics involved in urban development.
UrbanPlan provides our future voters neighbors, community leaders, public officials and land use professionals with a hands-on experience …

Deals & Dealmakers »

[18 Dec 2014 | No Comment | ]

Meridian Capital announced the following transactions:
• A new mortgage of $3,100,000 was placed on a four-story, 39-unit multifamily property located on Steinway Street in Astoria, NY. The loan features a rate of 2.88% and a five-year term. This transaction was negotiated by Morris Diamant and Mordechai Beren.
• A new mortgage in the amount of $12,000,000 on a 12-story, 30-unit office building on West 38th Street in New York, NY. The loan features a rate of 3.38% and a five-year term. Allan Lieberman and Asher Haft negotiated this transaction.
• A new …

Related Posts Plugin for WordPress, Blogger...