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Alpha Realty brokers $25M sale of 115-unit rent stabilized portfolio
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Alpha Realty has brokered the $25 million sale of a five-building apartment portfolio in Far Rockaway, Queens, on behalf of investor Gershon Eichorn’s Up Realty.
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Developer refinances luxury Williamsburg rental with $34M private loan
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Marcus & Millichap Capital Corporation (MMCC) has arranged a $34.4 million interest-only bridge loan to refinance 55 Hope Street, a luxury rental building
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Developer secures $42M construction loan for medical office building
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Knighthead Funding has originated a $42 million first mortgage loan for the construction of a seven-story medical office building on the site of a church
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Kent Swig growing his firm, subleasing new HQ space
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Helmsley Spear, America’s oldest continuously operating real estate firm founded in 1866, has signed a new four-year sublease comprising almost 16,000 s/f for 
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Signature Bank calls for Trump resignation
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For the first time in its 20-year history, prominent real estate lender Signature Bank has issued a comment on the nation’s politics with a call for President
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INC leads tenant-focused redesign at 1740 Broadway
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EQ Office has begun what it calls “an extensive reshaping of the tenant experience” at 1740 Broadway. The transformation includes a redesign of the entrance
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OPINION: Recent efforts to speed up foreclosure proceedings in N.Y.
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By Adam Leitman Bailey Adam Bailey As a result of governmental intervention, New York boasts one of the longest foreclosure timelines in the country, taking
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Law firm inks long-term lease at 810 Seventh
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Peter Sabesan and Nicholas B. Markel from Cresa have arranged new offices for Ballon Stoll Bader & Nadler, P.C. (Ballon Stoll) at 810 Seventh Avenue.
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Dutch fashion store signs Delancey Street lease
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Newmark announces a 6,000 s/f lease for the NYC flagship for Amsterdam’s fashion and lifestyle brand, Daily Paper, 
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ON THE SCENE: BRG tapped for corner Park Slope property; Cushman & Wakefield retained for White Plains condos
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AGENTS BRG is exclusively marketing 401 5th Avenue in Park Slope, a corner mixed use building priced at $3,750,000. The 4,960 s/f property contains 4 apartments and 2 stores.
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OPINION: The rules for allowing pets in ‘no-pet’ buildings
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By Adam Leitman Bailey and John M. Desiderio When determining whether an owner’s pet qualifies for admittance in a “no-pet”
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NYC property values fall but taxes go up
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The City’s largest organization of landlords of rent-regulated apartments is calling on the city to freeze this year’s property tax assessments after