Slate Property Group with LibreMax Capital provides $60.25m loan to Ming’s Garden Realty’s development
New York Real Estate Journal
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1w ago
Slate Property Group, in partnership with LibreMax Capital, has provided Ming’s Garden Realty LLC with a $60.25 million bridge loan for 26-01 4 St. in Astoria. Ming’s Garden Realty, the project’s developer, will utilize the funds for the final stages ..read more
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Gelberg and IMC Architecture near completion of The James - 11,300 s/f
New York Real Estate Journal
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1w ago
The project team of investor/developer Einav Gelberg, architect IMC Architecture and other partners celebrated the completion of the structural frame traditionally known as the topping out milestone – for The James, an eight-unit luxury condominium building at 258 Saint James Pl ..read more
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Douglaston Development tops out 474,000 s/f, 456-unit multifamily development
New York Real Estate Journal
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1w ago
Douglaston Development has topped out of 1057 Atlantic Ave., a 474,000 s/f, 17-story, 456-unit mixed-income multifamily rental development in the Bedford-Stuyvesant neighborhood. The development serves as one of the last new housing developments eligible ..read more
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Cronheim secures $6 million permanent financing for 74-unit mid-rise apartment building
New York Real Estate Journal
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1w ago
Cronheim Mortgage has arranged $6 million of long-term financing for the Grand Imperial Apartments, a 74-unit mid-rise apartment building. Andrew Stewart, Dev Morris, and Allison Villamagna placed the loan with Farm Bureau Life Insurance Company ..read more
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Racanelli Construction recognizes February as National Heart Month - team members “Go Red for Women”
New York Real Estate Journal
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1w ago
Racanelli Construction Company, Inc. showed their support of the American Heart Association’s Heart Month which is held in February each year. To demonstrate its support Racanelli Construction employees wore red on the first Friday of February ..read more
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What is a Yellowstone Injunction and when is this relief not available to a commercial tenant? - by Andrew Baranetsky
New York Real Estate Journal
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1w ago
In New York, when a commercial tenant breaches the terms of its lease, the landlord generally must serve a notice to cure on the commercial tenant to provide the tenant an opportunity to timely cure the default, or face the possibility ..read more
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Bargold Storage Systems serves millennial market’s self-storage needs
New York Real Estate Journal
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1w ago
Millennials are turning to self-storage solutions in record numbers, especially in the greater New York area, where real estate is scarce, and prices continue to soar. Nearly one-third of all self-storage renters today belong to the millennial demographic ..read more
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Metropolitan Realty Assocs. leases 75,000 s/f cold storage/freezer distribution facility
New York Real Estate Journal
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1w ago
According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA), the company executed a 15-year lease agreement with Bakery Process Solutions for the entire single-story cold storage/freezer facility and distribution center located at 33 Rajon Rd ..read more
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Logistics Property Company appoints Kindlon as executive vice president - head of asset management
New York Real Estate Journal
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2w ago
Logistics Property Company, LLC has appointed Lindsay Kindlon as executive vice president - head of asset management. Kindlon will be based out of the company’s Chicago headquarters. She will be responsible for partnering with the Logistics Property Company team ..read more
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JLL Capital markets brokers sale of six-story walk-up at 211 West 85th St
New York Real Estate Journal
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2w ago
JLL Capital Markets has completed the sale of 211 West 85 St., a six-story, primarily market-rate walk-up building situated between Broadway and Amsterdam Ave. on the Upper West Side. JLL represented the seller, a long-time private ..read more
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