Bronx
Bronx Bank’s Flagship Branch Goes for $16M in 1031 Exchange
Marcus & Millichap finalized the sale of a net-leased bank property occupied by the headquarters and flagship branch of Ponce… Read more
Mott Haven Development Site Set for One or More Residential Buildings
JLL Capital Markets arranged the $21.7-million sale of 122 Bruckner Blvd., a 172,774-square-foot residential development site in the Mott Haven… Read more
Gilbane-Led Development Team Reaches Financial Close on Phase I of Bronx Affordable Complex
Gilbane, in partnership with Strada Development LLC and the Center for Urban Community Services, has reached financial close for 1920… Read more
Bronx STEAM Sets Up Shop at Simone’s Hutchinson Metro Center Atrium
Simone Development Companies announced that the New York City School Construction Authority has signed a long-term lease to establish the new Bronx STEAM… Read more
Marcus & Millichap Closes Deal for Bronx Industrial with Redevelopment Potential
Marcus & Millichap recently closed the sale of 935 Garrison Ave., an industrial property in the Bronx. The asset sold for $10,275,000. “This… Read more
Mott Haven Affordable Project is First to Complete NYC’s New Expedited Land Use Review
The New York City Council approved the City’s first Expedited Land Use Review Procedure (ELURP) application for 351 Powers Ave., a plot… Read more
PGIM Joint Venture Acquires Riverdale Housing from Columbia University
PGIM, the $1.4-trillion global investment management business of Prudential Financial, Inc., said Wednesday that the PGIM Real Estate Fund, Inc. has completed… Read more
Realterm Acquires Hunts Point Outdoor Storage Facility
Realterm, an independent global investment manager focused on the transportation industry, completed the acquisition of 935 Garrison Ave., an industrial… Read more
Cushman & Wakefield Arranges Refi for South Bronx Class A Multifamily
Cushman & Wakefield arranged a $26,350,000 loan on behalf of the JCAL Development Group to refinance The Bridgeline, a 91-unit… Read more
Mixed-Income Mott Haven Project Lands $130M Construction Loan
JLL Capital Markets arranged $130 million in construction financing for The 360, a 13-story mixed-use development located at 350 Grand… Read more
Lee NYC Markets Six-Building Portfolio of City-Leased Offices
Lee & Associates NYC has been exclusively retained to market for sale a rare six-property portfolio of New York City-leased educational and… Read more
M&T Cuts Ribbon on Bank Branch in Mott Haven
M&T Bank hosted a ribbon-cutting ceremony Thursday to celebrate the opening of a new full-service branch at 2976 Third Ave. in… Read more
NY Blood Center Opens First Bronx Location in Throggs Neck
Simone Development Companies recently joined executives and staff of the New York Blood Center (NYBC) in celebrating the grand opening of the new… Read more
Bally’s Acquires Site for Future Bronx Casino
Bally’s Corp. has bought the development site for its new casino in the Bronx. The casino giant paid $157 million… Read more
Mott Haven Development Site Trades to Charter School Operator
Ariel Property Advisors closed the $25.5-million sale of a prime development site located at 261 Walton Ave. in the Mott Haven… Read more
Simone Development Signs WellLife at Hutchinson Metro Center
Simone Development Companies secured a new long-term lease for 4,290 square feet of office space with WellLife Network at the Atrium building located… Read more
Bronx Mixed-Use Secures $20M Bridge Refinance
A Bronx mixed-use property has secured a $20-million bridge refinance. Bridge Debt Strategies provided a 24-month, floating-rate loan on 2500… Read more