City: Long Island

The Real Deal An auction that was scheduled for yesterday to sell a portfolio of commercial properties in Manhattan, Queens, N.Y., and Long Island, N.Y., has been postponed. Jeffrey Wu, a Queens developer that owns the portfolio, recently threw three ...

New York Post The 13-room Shou Sugi Ban House Hotel in the Long Island, N.Y., town of Water Mill is available for rent this summer. Amy Cherry-Abitbol, the owner, has hired Brown Harris Stevens to find anyone interested in renting ...

Commercial Observer M&T Bank has provided $64.5 million of construction financing against the 230-unit apartment project at 2930 Rockaway Ave. in Oceanside, N.Y. Feil Organization of New York is developing the four-story building. The company is setting aside 10 percent ...

Commercial Real Estate Direct Staff Report The modified $165.6 million CMBS loan against the 778,370-square-foot office building in Islandia, N.Y., that once had served as the headquarters of Computer Associates again has transferred to special servicer C-III Asset Management. The ...

The Real Deal The Gosman family has agreed to sell a portfolio of retail buildings in Montauk, N.Y., for $52.5 million. It is selling the properties to Mike Angeliades, the owner of a Queens, N.Y., construction company. The properties, which ...

Real Estate Weekly Transamerica Financial Life Insurance Co. has provided a $30 million loan against the Post Road Plaza shopping center in Pelham Manor, N.Y. The 257,593-square-foot property, at 847 Pelham Parkway, is at the intersection of U.S. Route 1 ...

Commercial Observer Fairfield Properties has secured $275 million of Freddie Mac financing to help fund its acquisition of seven apartment properties with 1,496 units on Long Island, N.Y. As reported, the Melville, N.Y., company bought the portfolio from Lone Star ...

Fairfield Properties has paid $472.5 million for seven apartment properties with 1,496 units on Long Island, N.Y. The Melville, N.Y., company bought the portfolio from Lone Star Funds, a Dallas investment manager that assumed them in 2015 through its purchase ...

The Real Deal Farrell Communities has secured $65 million of financing against the apartment project at 300 Carleton Ave. in Central Islip, N.Y., on Long Island. Webster Bank and RXR Realty provided the financing. Farrell, a New York developer, is ...

Commercial Observer M&T Bank has provided $57 million of financing against the Mount Sinai Resident Club, a 225-unit apartment project that's under development in Long Island, N.Y. The Engel Burman Group is developing the property, which will be for residents ...

Lincoln Equities Group has secured $28 million of financing against the industrial project at 344 Duffy Ave. in the Long Island city of Hicksville, N.Y. Heitman Capital Management provided the loan, which Lincoln will use to help fund its construction ...

Long Island Business News Matrix Realty Group is holding an auction on Dec. 18 to sell a portfolio of 13 office buildings in Suffolk County, N.Y. The portfolio consists of the four-building Crossroads Corporate Center, with 210,489 square feet, and ...

UBS Realty has provided $99 million of financing against Broadway Commons, the former Broadway Mall in the Long Island city of Hicksville, N.Y. News of the loan was reported by Law360. The 1.1 million-square-foot retail property is owned by a ...

Commercial Observer A venture of Metrovest Equities and BLDG Management has secured $55.6 million of financing against the Montauk Yacht Club Resort & Marina in Montauk, N.Y. ACORE Capital provided the five-year loan. The venture had acquired the 107-room property ...

Long Island Business News Valley East Properties has paid $22 million for two buildings with 140,000 square feet at 100 Merrick Road in Long Island, N.Y. The property, which is 92 percent leased, serves as collateral for $12 million of ...

Commercial Real Estate Direct Staff Report The $43.1 million CMBS loan against the two office complexes that comprise the Crossroads Office Portfolio in Suffolk County, N.Y., has transferred to special servicer CWCapital Asset Management. The loan, securitized through COMM, 2015-CCRE26, ...

Signature Acquisitions has paid $61 million, or $215.80/sf, for the three-building Hauppauge Office Park, with 282,656 square feet in Hauppauge, N.Y. The Cranford, N.J., investor bought the property from Colin Development of Manhassset, N.Y., which was represented by CBRE's Institutional ...

Commercial Observer AVR Realty Corp. has obtained $50 million in financing against The Reserve at the Boulevard, a 240-unit apartment property in Yaphank, N.Y. M&T Realty Capital Corp. arranged the Freddie Mac financing. The property, at 1 Reserve Drive, is ...

JLL's capital markets group has written a pair of Freddie Mac loans totaling $88 million against two apartment properties with a total of 900 units on New York's Long Island. It provided a $57 million loan against the 700-unit Pine ...

Crain's New York Business Altice USA is said to be in talks to lease more than 100,000 square feet of space at One Court Square, a 1.4 million-square-foot office property in Long Island City, N.Y., that's fully leased to Citibank ...

Commercial Real Estate Direct Staff Report RXR Realty Corp. has recapitalized five office buildings it owns on Long Island, N.Y., refinancing nearly $344 million of CMBS debt that had matured and buying out its venture partner, TIAA-CREF. The Uniondale, N.Y., ...

Commercial Real Estate Direct Staff Report An affiliate of Salus Property Investments has paid $75.5 million, or nearly $350/sf, for 60 Charles Lindbergh Blvd., a 217,351-square-foot office property in Uniondale, N.Y. The Charlotte, N.C., investment manager, which is led by ...

Commercial Real Estate Direct Staff Report CWCapital Asset Management has put the defaulted mortgage against 100 Motor Parkway, a 191,663-square-foot office building in Hauppauge, N.Y., on the sales block. The Bethesda, Md., special servicer has hired Mission Capital Advisors to ...