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How ballsy Scott Barone is gonna keep on tickin in NYC
07
After nine years of steady, if unexciting work as a general contractor, Scott Barone’s big break was supposed to come in 2008 when his firm landed a ground-up
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Mehran puts $240M price tag on Flushing retail portfolio
05
Cushman & Wakefield has been retained to arrange the sale of a six-property, 171,892 s/f retail-focused portfolio on Main Street in Flushing, Queens.
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Queens investment sales spike as money chases new frontiers
07
According to Ariel Property Advisors’ newly released, Queens 2015 Year-End Sales Report, Queens investment property sales saw strong, steady growth in 2015.
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Developers secure $65M loan to buy Astoria waterfront site for apartment project
06
Another large residential development is heading for the Astoria waterfront. Cape Advisors and Wainbridge Capital have secured $65 million in financing
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Banks diversify portfolios to offer booming industrial sector more options
06
By Joseph Orefice, Head of the Commercial Real Estate Lending Group, Investors Bank Significant demand for and development of warehouse and fulfillment
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BRG buys two Kew Gardens buildings for $53.5M
07
Benedict Realty Group, a real estate investment firm based in Great Neck in Long Island, has bought two buildings in Kew Gardens, Queens for $53.
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Luxury apartments to replace factory building at 22-02 Astoria Blvd.
07
A factory in Astoria, Queens will soon give way to a five-story luxury apartment building. Photo via Google Street View According to a permit application
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Investors Bank antes up $28M nursing center loan
06
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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AB Capstone consolidates position with $38M loan from Madison Realty
07
Madison Realty Capital closed a $37.5 million first mortgage loan collateralized by a mixed-use development site and two adjacent commercial buildings
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Money migrating to wallflower neighborhoods
07
Demand for new and improved apartments is driving millions of dollars in investment to Ridgewood, Queens. In the past six months alone, a team from Eastern
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Queens tops NYC foreclosure list
06
As Queens home prices hit new records during the second quarter of the year, so too did foreclosure rates. According to a survey by data analysts at PropertyShark
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SELLING POINTS: NY EZ closes on Flushing site, CBRE markets LES non-profit site
07
● CUSHMAN & WAKEFIELD EZ closes on Flushing site Developer NY EZ Property Holdings has paid $23 million for a development site on the corner of Northern