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Metropolitan Realty Associates (MRA) Completes 128,600 SF Long Term Lease Extension with Duro Dyne National Corporation
07
Joseph Farkas, CEO and Founder of Metropolitan Realty Associates LLC (“MRA”), today announced that Duro Dyne National Corporation extended its lease at 81
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MRA gets ready to redevelop $89M LIC site into retail, office property
05
Metropolitan Realty Associates LLC (MRA) founder and CEO Joseph Farkas announced the firm’s $89 million acquisition of HUB LIC with joint venture partner
Deals & Dealmakers
Fried Frank brings back the real estate holiday party
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Fried Frank’s annual holiday party returned with a bang last week. A shaved down guest list helped the law firm comply with current COVID restrictions
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MRA finds tenant for COMMERCE LIC
05
Joe Farkas’ Metropolitan Realty Associates has signed a 17,500 s/f tenant at the former Matsil Bros. building in Long Island City he bought in a JV with
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Selling points: Vision/Rubenstein partner on $136M NJ purchase, Mack-Cali solidifying ownership in Gold Coast
05
CBRE Vision / Rubenstein partner on $136M corporate purchase Vision Real Estate Partners and Rubenstein Partners have formed a joint venture to purchase
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MRA makes outsized return on old Matsil property
05
Metropolitan Realty Associates LLC (MRA), along with joint venture partner TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA)
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MRA, Angelo Gordon close on first acquisition of new industrial equity fund
05
Metropolitan Realty Associates (MRA) has closed on the first acquisition of its new $50 million of equity fund focused on Long Island industrial assets.
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Farkas borrows $23M for Macyʼs adventure
05
Metropolitan Realty Associates LLC (MRA) and equity partner Angelo Gordon & Co. LP have secured a $23 million acquisition and construction loan for
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MRA buys CT distribution center for $50M
06
Metropolitan Realty Associates (MRA), an investment company led by Joseph A. Farkas, has acquired a 304,249 s/f industrial property at 456 Sullivan Avenue
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DOT taking 192,000 s/f at HUB LIC
05
NYC Department of Transportation is taking 192,080 s/f of industrial space at HUB LIC as new Commissioner Hank Gutman gets to work on the city’s ambitious
Debt & Equity
Metropolitan Realty Associates secures $23M financing for Macy’s redevelopment
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Metropolitan Realty Associates LLC (MRA) and equity partner Angelo Gordon & Co. LP have secured a $23 million acquisition and construction loan for
Deals & Dealmakers
MRA makes outsized return on old Matsil property
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Metropolitan Realty Associates LLC (MRA), along with joint venture partner TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA)