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Goldman Sachs closes on loan for $100M Brooklyn rental tower
08
Goldman Sachs has closed on a $57M loan for its acquisition of the 183-unit rental tower at 1 Flatbush Avenue from Meadow Partners and Slate Property Group. Cushman &
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REBNY becomes latest victim of COVID job cuts
08
The Real Estate Board of New York has become the latest victim of the devastation coronavirus has wrought on jobs. A spokeswoman confirmed REBNY has cut
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ON THE SCENE: This week’s under $10M sales and exclusives
08
COREY HAYNES Bestreich Realty Group (BRG) announced the sale of 258 Eckford Street in Greenpoint, Brooklyn for $1,670,000, or $334 per buildable square feet.
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Invictus Capital launches CRE credit division
07
Invictus Capital Partners, L.P., a Washington, D.C.-based alternative investment management firm, announced the creation of a commercial real estate credit
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Millionaires tell Cuomo to take their money
09
A group of New York millionaires are asking Governor Andrew Cuomo to take their money to help fill the state’s budget gap. On Monday, a coalition of 35
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Feds monitor Coronavirus as US economy shows signs of good health
08
Fed chairman Jerome Powell By Linda O’Flanagan The Federal Reserve left interest rates unchanged last week as chairman Jerome Powell said the central
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Manhattan turned into plywood city as protests continue
08
Glass expert Steve Powell has told New York City owners that boarding up their windows to protect their property from looters is a smart move – but it
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Jonathan Rose partners on $83M MA multifamily deal
09
The Schochet Companies and Jonathan Rose Companies have acquired Riverside Towers in Medford, MA, for $83.5 million in a joint venture. 
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Cronheim arranges $39M funding for multifamily acquisition
07
Cronheim Mortgage has arranged a $32,625,000 loan and $6,000,000 preferred equity investment for the acquisition of Bayside Cove Apartments, a 127-unit
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Grocery-anchored shopping center trades for $12M
07
 Cushman & Wakefield’s Capital Markets team has arranged the sale of Dels Village Shopping Center, a 51,794-square-foot grocery-anchored retail property in Boonton.
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MADD Equities lands $50M construction loan for school project
09
MADD Equities has secured a $50 million construction loan to turn the long-vacant Ruppert Ice House in the Bronx into a new school. Jorge Madruga’s MADDD
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City Council’s relief for Covid afflicted guarantors
08
On May 27, 2020, the New York City Council enacted Int. 1932/2020 into law, an ordinance that is “in relation to personal liability provisions of leases