Northeast

Global Holdings Receives $190M Loan for Refinancing of Manhattan Apartment Tower

by Taylor Williams November 14, 2025

NEW YORK CITY — Local investment and development firm Global Holdings has received a $190 million loan for the refinancing of Anagram Columbus Circle, a 26-story apartment tower located at 1 West 60th Street in Manhattan. The building houses 123 apartments in studio, one-, two-, three- and four-bedroom layouts as well as various resort-style amenities. J.P. Morgan and Sumitomo Mitsui Trust Bank provided the loan to Global Holdings. Christopher Peck, Peter Rotchford, Rob Hinckley, Nicco Lupo and Christopher Pratt of JLL arranged the debt.

November 14, 2025

Acquisitions Multifamily New York Northeast

JLL Brokers $63M Sale of Apartment Complex in Tuckahoe, New York

by Taylor Williams November 14, 2025

TUCKAHOE, N.Y. — JLL has brokered the $63 million sale of Quarry Place at Tuckahoe, a 108-unit apartment complex located north of New York City in Westchester County. Built in 2016, the property features 61 one-bedroom apartments and 47 two-bedroom units with an average size of 977 square feet. Amenities include a fitness center with a yoga room and spin studio, clubroom with computer stations and a garden terrace with fire pit. Jose Cruz, Steve Simonelli and Austin Pierce of JLL represented the seller, Veris Residential, in the transaction. The buyer was Hines.

November 14, 2025

Development Multifamily New Jersey Northeast

TFE Properties to Develop 141-Unit Apartment Complex in Burlington, New Jersey

by Taylor Williams November 14, 2025

BURLINGTON, N.J. — Locally based firm TFE Properties will develop Spectrum Village, a 141-unit apartment complex in the Southern New Jersey community of Burlington. The site spans 13 acres, and the development will consist of four buildings that will house one-, two- and three-bedroom units. Amenities will include a dog park, fitness center, kids’ play area and an outdoor communal gathering area. Construction is expected to begin sometime in the next few months.

November 14, 2025

Acquisitions Mixed-Use New York Northeast

Ariel Property Advisors Arranges $7M Sale of Mixed-Use Development Site in Brooklyn

by Taylor Williams November 14, 2025

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $7 million sale of a mixed-use development site in the East New York area of Brooklyn. The site at 749 Van Sinderen Ave. currently houses multiple single-story warehouses and can support 103,500 square feet of buildable product. Sean Kelly, Stephen Vorvolakos and Gabriel Elyaszadeh of Ariel represented the seller in the transaction. Josh Malekan of Venture Capital Partners represented the buyer. Both parties requested anonymity.

November 14, 2025

Industrial Leasing Activity Massachusetts Northeast

Red Thread Signs 96,000 SF Industrial Lease in Andover, Massachusetts

by Taylor Williams November 14, 2025

ANDOVER, MASS. — Red Thread has signed a 96,000-square-foot industrial lease in Andover, located north of Boston. The workplace design and integration firm is taking space at 4 Executive Place, a 168,000-square-foot building. Locally based investment and development firm Marcus Partners owns the building. Both parties were self-represented in the lease negotiations.

November 14, 2025

Acquisitions New Jersey Northeast Office

JLL Brokers Sale of 146,366 SF Office Building in Madison, New Jersey

by Taylor Williams November 13, 2025

MADISON, N.J. — JLL has brokered the sale of 2 Giralda Farms, a 146,366-square-foot office building located within the 181-acre Giralda Farms corporate campus in the Northern New Jersey community of Madison. The four-story building, which was constructed in 2001, formerly served as the U.S. headquarters for global shipping giant Maersk before being leased by pharmaceutical company Merck through mid-2025. Jeremy Neuer, Jose Cruz, Ryan Robertson, Tim Greiner and Mike Pietrowicz of JLL represented the undisclosed institutional seller in the transaction. The team also procured the buyer, a subsidiary of Gellert Global Group.

November 13, 2025

Industrial Loans New York Northeast Office

Largo Capital Arranges $9M Refinancing of Industrial, Office Building in Amherst, New York

by Taylor Williams November 13, 2025

AMHERST, N.Y. — Locally based financial intermediary Largo Capital has arranged a $9 million loan for the refinancing of an 81,569-square-foot industrial and office building in Amherst, a suburb of Buffalo. The property address was not disclosed, but the building was originally constructed in 1989 and was fully leased at the time of the loan closing. Jack Philips of Largo Capital originated the debt through an undisclosed bank. The name of the borrower was also not disclosed.

November 13, 2025

Development Multifamily New Jersey Northeast

Value Cos. Completes Lease-Up of 24-Unit Apartment Complex in Clifton, New Jersey

by Taylor Williams November 13, 2025

CLIFTON, N.J. — Value Cos. has completed the lease-up of Phase II of The Point at Gateways in the Northern New Jersey community of Clifton. Located within the Gateways at Randolph development, the 24 Phase II apartments come exclusively in two-bedroom formats. Amenities at The Point at Gateways include a pool, fitness center, playground, outdoor grilling and dining stations and an event space with a catering kitchen, children’s playroom, video gaming lounge, workstations, billiards and TVs.

November 13, 2025

Leasing Activity New York Northeast Office

Plaza College Signs 21,068 SF Lease Expansion, Extension at Queens Office Building

by Taylor Williams November 13, 2025

NEW YORK CITY — Plaza College has signed a 21,068-square-foot lease expansion and extension at Forest Hills Tower, a 375,000-square-foot office building in Queens. Plaza College first joined the tenant roster in 2013 and currently occupies floors one through three. The new deal also encompasses the entire sixth floor and brings the private college’s total footprint at the building to about 80,000 square feet. Roy Chipkin of CBRE represented Plaza College in the lease negotiations. Muss Development owns Forest Hills Tower.

November 13, 2025

Leasing Activity New York Northeast Retail

Two New Entertainment Operators to Open Venues at Samanea New York on Long Island

by Taylor Williams November 13, 2025

WESTBURY, N.Y. — Two new entertainment operators — Gatsby’s Board Game Café and I.FLY Trapeze — will open venues at Samanea New York, a 750,000-square-foot entertainment destination on Long Island. Gatsby’s is an interactive experience with a library of more than 400 games that are available to buy and/or play onsite. I.FLY Trapeze offers open-fly sessions, workshops, parties and corporate team-building events. Opening dates were not announced. Lesso Mall Development owns Samanea New York.

November 13, 2025

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