Northeast

Winchester Partners Completes 283-Unit Mixed-Income Apartment Project in New Haven, Connecticut

by Taylor Williams June 12, 2026

NEW HAVEN, CONN. — Winchester Partners, which is a joint venture between an affiliate of L+M Development and Twining Properties, has completed The Winston, a 283-unit mixed-income apartment building in New Haven. The Winston is part of the initial phase of Science Park, a $92.5 million redevelopment of the former Winchester Repeating Arms Co. factory complex, which closed in 1981. Units range from studios to three-bedrooms, and roughly 20 percent (57 residences) are designated as affordable housing for renters earning 50 percent or less of the area median income. The five-story building also houses 12,800 square feet of retail space and amenities such as a pool, fitness center with a yoga studio, coworking space and a resident library. Beinfield Architecture designed the building, construction of which was financed by The Urban Investment Group at Goldman Sachs Alternatives and KeyBank.

June 12, 2026

Acquisitions Industrial New Jersey Northeast

NAI DiLeo-Bram Arranges $4.7M Sale of Industrial Building in Somerset, New Jersey

by Taylor Williams June 12, 2026

SOMERSET, N.J. — Locally based brokerage firm NAI DiLeo-Bram has arranged the $4.7 million sale of a 20,269-square-foot industrial building in the Northern New Jersey community of Somerset. The building sits on a 3-acre site at 85 Commerce Drive and features a clear height of 19 feet. Kyle Gerace, Chris Chiusolo and Sweemit Goswami of NAI DiLeo-Bram represented the buyer, Approved Fire Protection, in the transaction. The seller was PepsiCo Inc./Frito Lay.

June 12, 2026

Leasing Activity New York Northeast Office

Nationwide Mortgage Bankers Opens 30,000 SF Office Headquarters in Melville, New York

by Taylor Williams June 12, 2026

MELVILLE, N.Y. — Nationwide Mortgage Bankers (NMB), a locally based financial institution, has opened a 30,000-square-foot office headquarters at 1305 Walt Whitman Road in Melville, a community located on Long Island. The space features a podcast streaming center, digital media studios and a 65-seat technical training facility. NMB plans to immediately bring about 100 jobs to the facility and hire more in the coming months. The Feil Organization owns the building.

June 12, 2026

Leasing Activity New York Northeast Retail

Babylist Signs 20,000 SF Retail Lease in Manhattan’s SoHo District

by Taylor Williams June 12, 2026

NEW YORK CITY — Babylist has signed a 20,000-square-foot retail lease in Manhattan’s SoHo district. The lease term is 10 years, and the space spans two levels (10,000 square feet each) at 477 Broadway. Paul Popkin, Morris Dweck and Annie Squier of Lee & Associates represented the landlord, an entity doing business as 477 Realty LLC, in the lease negotiations. Lydia Bell and Cole Stapleton of Tungsten Property represented Babylist. The opening is scheduled for late summer.

June 12, 2026

Loans New York Northeast Office

ACORE Capital Provides $110M Loan for Refinancing of Midtown Manhattan Office Building

by Taylor Williams June 11, 2026

NEW YORK CITY — ACORE Capital has provided a $110 million loan for the refinancing of 370 Lexington Avenue, a 317,000-square-foot office building located in the Grand Central submarket of Midtown Manhattan. The building was originally constructed in 1929 and recently underwent renovations to the lobby, elevators, building access systems, hallways and bathrooms. The loan was executed as part of a larger, $138 million recapitalization, additional terms of which were not disclosed. The sponsor is a partnership between two locally based owner-operators, Broad Street Development and KSR Capital. Peter Greisinger arranged the financing.

June 11, 2026

Acquisitions Industrial New Jersey Northeast

Cushman & Wakefield Brokers Sale of 256,381 SF Industrial Portfolio in Northern New Jersey

by Taylor Williams June 11, 2026

CARLSTADT AND EAST RUTHERFORD, N.J. — Cushman & Wakefield has brokered the sale of a portfolio of four industrial buildings totaling 256,381 square feet in the Northern New Jersey communities of Carlstadt and East Rutherford. The buildings are collectively known as Kurv Meadowlands and feature clear heights of 16 to 27 feet. Gary Gabriel, Kyle Schmidt, Ryan Larkin and Seth Zuidema of Cushman & Wakefield represented the seller, JP Morgan Asset Management, in the transaction and procured the buyer, Kurv Industrial. John Alascio, Chuck Kohaut and TJ Sullivan, also with Cushman & Wakefield, arranged an undisclosed amount of acquisition financing for the deal through CIBC.

June 11, 2026

Acquisitions Multifamily New York Northeast

CAPREIT Acquires 114-Unit Apartment Complex in Brentwood, New York

by Taylor Williams June 11, 2026

BRENTWOOD, N.Y. — CAPREIT has acquired Broadway West, a 114-unit apartment complex in the Long Island community of Brentwood. Built in 2003, Broadway West offers one- and two-bedroom units and amenities such as a resident clubhouse, outdoor grilling and dining stations, a fitness center and onsite laundry facilities. The seller and sales price were not disclosed.

June 11, 2026

Acquisitions Industrial New York Northeast

Marcus & Millichap Negotiates $14.5M Sale of Queens Industrial Building

by Taylor Williams June 11, 2026

NEW YORK CITY — Marcus & Millichap has negotiated the $14.5 million sale of a 40,400-square-foot industrial building in Queens. Constructed in 1931, the fully leased building at 43-10 21st St. is located in the borough’s Long Island City area and features a clear height of 13.5 feet. Jakub Nowak and Matthew Rosenzweig of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

June 11, 2026

Loans Multifamily New York Northeast

Berkadia Provides $126.4M Agency Refinancing of Apartment Building in New Rochelle, New York

by Taylor Williams June 10, 2026

NEW ROCHELLE, N.Y. — Berkadia has provided a $126.4 million Fannie Mae loan for the refinancing of Two Clinton Park, a 28-story apartment building located north of New York City in New Rochelle. Built in 2024, Two Clinton Park houses 390 units in studio, one- and two-bedroom floor plans that range in size from 461 to 1,197 square feet, as well as 7,574 square feet of retail space. Amenities include coworking lounges, a fitness center, spa and sauna, screening room, pet spa and landscaped outdoor terraces with grilling stations and fire pits. Brad Williamson, Chris Ellis, Mitch Sinberg, Scott Wadler, Matthew Robbins, Kevin Batt, Brian Huff and Matt Schildwachter of Berkadia, in conjunction with Paul Patafio of Hudson Realty Capital, originated the loan. The sponsor was a partnership between RXR and Bridge Investment Group.

June 10, 2026

Development Multifamily New Jersey Northeast

Partnership Begins Leasing 256-Unit Apartment Complex in Hillsdale, New Jersey

by Taylor Williams June 10, 2026

HILLSDALE, N.J. — A partnership between BNE Real Estate Group, Claremont Development and March Development has begun leasing The Piermont, a 256-unit apartment complex in the Northern New Jersey community of Hillsdale. Designed by Studio Hillier Architects with interiors by Mary Cook Associates, The Piermont offers studio, one- and two-bedroom units, as well as townhomes. Amenities include a pool, fitness center, multiple lounges, outdoor grilling and dining stations, coworking space, coffee bar and indoor and outdoor gaming areas. Rents start at $2,700 per month for a studio apartment.

June 10, 2026

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