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SYOSSET, N.Y. — NorthMarq Capital has arranged $7.7 million in construction and permanent financing for a retail project in Syosset. The project, which is located at 240 Jericho Turnpike, consists of the conversion of a former car dealership into a 30,000-square-foot, high-end retail center. The financing includes a 2-year acquisition, construction and renovation financing component along with a non-recourse, permanent loan for up to 10 years. Ernest Des Rochers of NorthMarq's New York City office and Charles Cotsalas of the firm's Long Island office secured the financing through a regional bank on behalf of the undisclosed borrower.