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Cushman & Wakefield Arranges $35.6M Sale of Astoria
05
Cushman & Wakefield announced that the commercial real estate services firm arranged the $35.6 million sale of Astoria, a 252-unit multifamily community
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Code Ninjas coming for Astoria
05
EK Realty Advisors LLC (“TEKRA”) has arranged a lease for Code Ninjas, its first location in the Boroughs of New York City located at 31-35 31st Street
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SELLING POINTS: Zara buys Elmhurst apartments, JLL markets ‘Billionaires Row’ dev site
06
● ZARA REALTY Queens investor makes long-term commitment Zara Realty has purchased 94-25 57th Avenue in Elmhurst, Queens for $56.5 million.
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Developers secure $65M loan to buy Astoria waterfront site for apartment project
04
Another large residential development is heading for the Astoria waterfront. Cape Advisors and Wainbridge Capital have secured $65 million in financing
Deals & Dealmakers
ON THE SCENE: Cushman sells Astoria property, RKF names agent for New Jersey tavern
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AGENTS RKF announced that it has been named the exclusive retail leasing agent for Maxwell’s Tavern, located at the southeast corner of Washington and
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Investors Bank antes up $28M nursing center loan
04
Eastern Union Funding inked a $27 million deal between a regional lender and the owners of a building occupied by the New York Center for Rehab and Nursing
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Kaufman Organization chair George S. Kaufman dead at 89
05
–Courtesy of the Kaufman family & President Steven J. Kaufman The Kaufman Organization mourns the passing of its esteemed Chairman, George S.
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Astoria retail properties sold for $13.55 million
03
Two retail properties in Astoria, Queens occupied by outlets for the GAP and FedEx/Kinkos were sold for $13.55 million. The two adjacent buildings are
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Done Deals: Small screen star
06
Buyers are warming up to new technology — just ask Gerald Magpily. GERALD MAGPILY The Nest Seekers agent helped a retired investor buy a midtown condo
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SELLING POINTS: Stellar digs into Hamilton Heights, Frey buys Brooklyn rental
05
● CIGNATURE REALTY Stellar bolsters Hamilton Heights presence Stellar Management has closed on the $26 million purchase of 3505 Broadway, a residential
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Queens no longer an investment wallflower
05
Bargain-hunting investors have driven pricing in Queens to new heights and the search for ROI is leading to wallflower neighborhoods that include Sunnyside
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New Astoria rental ready for market
04
Falcon Pacific Builders has completed construction of a 50-unit rental and retail building located at 28-16 21st Street in Astoria. Developed by The Saab