S3 Capital Lends $50M for Brooklyn Multifamily Development

The proposed properties include the renovation of 10 Quincy Street into condominiums, and also a ground-up apartment building development at 26 Quincy St.

       


source https://feeds.feedblitz.com/~/614984394/0/globest/new-york~S-Capital-Lends-M-for-Brooklyn-Multifamily-Development/

Modell’s Sporting Goods Signs Major Lease in Bordentown

The sporting goods retailer will house its logistics and distribution operations in 312,373 square feet of space at the newly built 569,147-square-foot facility, reports CBRE, which was a broker in the transaction.

       


source https://feeds.feedblitz.com/~/614979312/0/globest/new-york~Modell%e2%80%99s-Sporting-Goods-Signs-Major-Lease-in-Bordentown/

JV Secures $200M Loan for Paramount Building

A joint venture between Levin Management Corp. and Rosemark Management, Inc. secured a $200 million loan for the property once home to the Paramount Theater.

       


source https://feeds.feedblitz.com/~/614802798/0/globest/new-york~JV-Secures-M-Loan-for-Paramount-Building/

Fundamental Advisors Sell Stake in Chicago Senior High-Rise

New York City-based Fundamental Advisors has reportedly sold its 75% stake in the 53-story property at 55 E. Pearson St. to LCS of Des Moines, IA and Senior Care Development of Harrison, NY.

       


source https://feeds.feedblitz.com/~/614766602/0/globest/new-york~Fundamental-Advisors-Sell-Stake-in-Chicago-Senior-HighRise/

Cohen Named Chairman of Gateway Program Development Corp.

Cohen is EVP, chief administrative officer and general counsel of MacAndrews & Forbes Inc. of New York City. Cohen previously served as secretary to New York Governor Andrew Cuomo, as well counselor and chief of staff in the Office of the New York Attorney General under Attorney General Cuomo.

       


source https://feeds.feedblitz.com/~/614763250/0/globest/new-york~Cohen-Named-Chairman-of-Gateway-Program-Development-Corp/

Tech-Driven Real Estate Brokerage to Launch in Queens

Co-chair of the real estate committee at the Queens Chamber of Commerce is launching a technology-driven real estate brokerage firm focusing specifically on the Queens, New York submarket dubbed Project Queens.

       


source https://feeds.feedblitz.com/~/614734328/0/globest/new-york~TechDriven-Real-Estate-Brokerage-to-Launch-in-Queens/

JV Acquires Bronx Affordable Housing Portfolio for $170M

The properties were purchased from Cammeby’s International Group for $166 million in addition to their existing debt.

       


source https://feeds.feedblitz.com/~/614733234/0/globest/new-york~JV-Acquires-Bronx-Affordable-Housing-Portfolio-for-M/

Port Authority Reports Record Cargo, Passenger Volume in November

NEW YORK CITY—The Port Authority of New York and New Jersey reports it amassed record cargo and passenger levels at its airports and ports in New…

       


source https://feeds.feedblitz.com/~/614672060/0/globest/new-york~Port-Authority-Reports-Record-Cargo-Passenger-Volume-in-November/

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