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<![CDATA[Fairstead hires Kinard as senior director of public housing]]>
<![CDATA[ Keith Kinard Manhattan, NY Fairstead appointed affordable housing expert Keith Kinar]]>
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Live aggregation of Skyline Properties and Robert Khodadadian posts across 13 platforms. NYC commercial real estate market commentary, deal announcements, ground-lease insights, and office-to-residential conversion analysis — pulled directly from each platform's public feed.
Robert Khodadadian's NYC Commercial Real Estate Social Feed
Robert Khodadadian — Founder, President & CEO of Skyline Properties — has spent 20+ years brokering Manhattan and Brooklyn investment sales, including the $135M Vanbarton 6 East 43rd Street and $105M Quantum Pacific + Metro Loft 101 Greenwich Street conversions. The aggregator below mirrors every post across LinkedIn, Twitter/X, YouTube, Instagram, Facebook, Threads, TikTok, and beyond.
Topics Covered Across Skyline's Social Channels
Off-market deal flow, ground-lease structuring, 467-m tax-abatement analysis, multifamily and development-site pricing, Class B/C office repositioning, and behind-the-scenes from RED Awards and confidential broker introductions.
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<![CDATA[Avison Young bolsters brokerage services in NYC with five new hires]]>
<![CDATA[Manhattan, NY Avison Young has made five new strategic hires to accelerate growth and broaden its platform in New York City. Christian Stanton, Oliver Petrovic, Jason Schwartzenberg, Alex Woodlief and Libby Hodes will strengthen the firm’s capabilities across New York City’s of]]>
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<![CDATA[Greystone appoints Gesue as chief operating officer]]>
<![CDATA[ Nick Gesue Manhattan, NY CRE finance veteran Nicholas Gesue has been named chief operat]]>
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<![CDATA[REBNY celebrates Commercial Sales Most Ingenious Deal of the Year awards]]>
<![CDATA[ Manhattan, NY The Real Estate Board of New York (REBNY) brought together the industry for the 82nd Annual C]]>
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<![CDATA[The DH Citadel Real Estate is now Deepak Hemrajani Inc.]]>
<![CDATA[ Deepak Hemrajani Woodbury, NY Deepak Hemrajani, CEO and broker owner has ]]>
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<![CDATA[Gutierrez joins Adler & Stachenfeld as partner]]>
<![CDATA[ Luisa Gutierrez Manhattan, NY Adler & Stachenfeld LLP said that Luisa G]]>
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<![CDATA[Suffolk hires Kiefer as vice president of strategy]]>
<![CDATA[ Melissa Kiefer Manhattan, NY Suffolk has hired Melissa Kiefer as vice president of st]]>
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<![CDATA[Hudson Valley Property Group promotes Koch, Bellizzi and Doty]]>
<![CDATA[Manhattan, NY Hudson Valley Property Group (HVPG) has appointed Kristin Koch as managing director, head of capital raising, to support the firm’s continued growth and scaling of its investment platform. The firm also promoted Diana Bellizzi to managing director, head of inv]]>
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<![CDATA[conceptcsi promotes Cunningham to chief financial officer]]>
<![CDATA[ Clare Cunningham New York, NY conceptcsi, a New York-based general contra]]>
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<![CDATA[IREON Insights: The 90-day warning: How the AVOID Act rewrites risk for New York contractors - by Kenny Eisman]]>
<![CDATA[ For decades, New York construction defendants have played a slow chess match. Get served, investigate, depose, and eventually (sometimes years later) bring the responsible subcontractor into the case. The AVOID Act ends that game. Effective April 18, 2026, defendants in any New York]]>
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<![CDATA[Arrow Real Estate Advisors arranges $11.75 million land refinance for Yonkers development site]]>
<![CDATA[Yonkers, NY Arrow Real Estate Advisors arranged an $11.75 million land refinance on behalf of AMS Acquisitions for Teutonia Hall, a fully entitled mixed-use development site located at 41–65 Buena Vista Ave. The financing was arranged by Arrow’s Morris Betesh, Alex Ba]]>
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<![CDATA[Lionheart Strategic Management provides $111.3 million construction loan for The Bridge]]>
<![CDATA[ Mineola, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers, and Schroders Capital, the private assets di]]>
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<![CDATA[Morrison Foerster advises Sachem Capital on $3.4 billion strategic combination with Industrial Realty Group to create IRG Realty Trust]]>
<![CDATA[Manhattan, NY Morrison Foerster (MoFo) is advising Sachem Capital Corp. (Sachem) on a definitive contribution agreement to combine with Industrial Realty Group (IRG). IRG will contribute 98 industrial assets from its 200-asset portfolio owned by IRG and/or its partners to Sachem, and once ]]>
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<![CDATA[Marcus & Millichap appoints Gorman as national director of net lease division]]>
<![CDATA[ Thomas Gorman Calabasas, CA Thomas Gorman of Marcus & Millichap has been appointed seni]]>
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<![CDATA[Walker & Dunlop arranges $375 million construction loan for Nasser Freres’ Jersey City development]]>
<![CDATA[Jersey City, MD Walker & Dunlop, Inc. arranged a $375 million construction loan to finance JFK Blvd., Nasser Freres’ mixed-use development in Journal Square. The financing, provided by Madison Realty Capital, will support construction of the project in Journal Square, a significa]]>
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<![CDATA[Williams Equities leases 100,000 s/f at 470 Park Avenue South]]>
<![CDATA[Manhattan, NY Williams Equities leased 100,000 s/f of office and retail space at 470 Park Avenue South since acquiring the building 18 months ago. Williams welcomed several new office tenants to the property, including impact.com, which signed a 10-year, 41,000 s/f lease across t]]>
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S3 Capital Lends $101M on Luxury Resort Project Near Orlando
<![CDATA[A joint venture between Urban Network Capital Group and Vertical Developments has landed $101 million of construction financing to build a master-planned luxury resort community in suburban Orlando, Commercial Observer has learned. S3 Capital provided the loan for the sponsorship’s multiphased Visions Orlando Resort & Spa project in Davenport, Fla. The 70-acre project when completed […]]]>
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Law Firm Alston & Bird Takes 170K SF at 51 West 52nd Street
<![CDATA[International law firm Alston & Bird has signed a major deal to relocate its offices from Park Avenue. Alston & Bird, which provides legal counsel to Fortune 100 companies and private institutions, signed a 15-year, 169,664-square-foot lease at Harbor Group International’s 51 West 52nd Street, with plans to move its operations from 90 Park Avenue, […]]]>
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Design Firm Décor Global Inks 7K-SF Lease at 231 West 39th Street
<![CDATA[Manhattan’s Garment District has sewn up yet another design tenant. Décor Global, an apparel, accessory design and manufacturing company, signed a lease spanning 6,973 square feet at 231 West 39th Street, Commercial Observer has learned. The 12-story office building is owned by the LLC 231/249 West 39 Street Associates. Décor Global will use its new […]]]>
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<![CDATA[Cronheim Mortgage secures $20.7 million interest only financing for 149-unit multifamily property in Myrtle Beach, SC]]>
<![CDATA[ Myrtle Beach, SC Cronheim Mortgage has arranged $20.70 million in permanent financing for The Brixley, a 149-unit multifami]]>
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Commercial Real Estate Should Stop Overlooking Qualitative Data
<![CDATA[Quantitative data drives and informs decision-making in the multitrillion-dollar commercial property sector, but what ultimately decides the outcome of an investment lies in the vastitude of qualitative data. The answers to a successful investment have never been limited to tangible, quantitative market or performance data, like rent or occupancy rates, assessed property values, comparable sales, […]]]>
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<![CDATA[AEBOV Commercial Real Estate Brokerage sells 9,000 s/f parking lot at 616-622 Courtlandt Ave. for $3.45 million]]>
<![CDATA[ Bronx, NY AEBOV Commercial Real Estate Brokerage sold 616-622 Courtlandt Ave. The 9,000 s/f parking lot was acquired by a lo]]>
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<![CDATA[Arrow Real Estate Advisors arranges $22 million bridge refinance for creative office and flex asset in Brooklyn]]>
<![CDATA[Brooklyn, NY Arrow Real Estate Advisors arranged a $22 million bridge refinance for 1000 Dean St., a creative office and flex property located in the city’s Crown Heights/Prospect Heights submarket. The financing was arranged by Arrow’s founder and managing partner Mo]]>
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CareRite Centers Acquires Queens Nursing Home for $58M
<![CDATA[CareRite Centers, a New Jersey-based physical therapy, elder care and rehabilitation provider, has acquired the Grand Rehabilitation and Nursing at Queens for $58.2 million, property records made public Wednesday show. The deal for the three-story rehab center building at 157-15 19th Avenue in Whitestone, Queens, and for an adjacent parking lot on 19th Avenue, closed […]]]>
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<![CDATA[The extra zeros don’t matter - by Joseph Aquino]]>
<![CDATA[ Growing up in Brooklyn during the 1960s and 1970s, our heroes were different. They were rock stars, athletes, astronauts, war heroes, and the local businessman who built something from nothing. We admired achievement, but we didn’t worship wealth. Somewhere along the]]>
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Cirrus Real Estate Partners Supplies $100M Refi on Palm Beach Gardens Office Complex
<![CDATA[Miami developer Gatsby Florida has sealed a $100.4 million loan to refinance Divosta Towers, a Palm Beach Gardens office complex, four years after landing a $90 million recapitalization for the 217,208-square-foot asset, Commercial Observer has learned. Cirrus Real Estate Partners provided the three-year, floating-rate, interest-only loan on the fully leased 2020-built property comprising two 11-story […]]]>
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MRI Software Expands Data Platform Under New CIO Nihar Malik
<![CDATA[Real estate tech services giant MRI Software announced Thursday that it is rolling out two new artificial intelligence data products. Recently named Chief Innovation Officer Nihar Malik is the man behind the push. Ohio-based MRI announced that MRI Agora Intelligence, which alerts owners to trends and issues across property operations and recommends actions, along with […]]]>
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Fitness Factory to Open 25K-SF Gym at 162-11 Jamaica Avenue in Queens
<![CDATA[Don’t you know pump it up? You got to pump it up! And residents in Queens are about to get another option for pumping up their gym workout. Fitness Factory, a growing fitness and wellness chain in New York and New Jersey, has signed a 25,000-square-foot lease to open a new gym at 162-11 Jamaica […]]]>
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Union Investment, Nuveen Sell Retail Property at 1511 Third Avenue for $46M
<![CDATA[Union Investment and Nuveen Real Estate have offloaded a retail property on Manhattan’s multifamily" data-autotag="upper-east-side" class="social-autotag">Upper East Side for $46.1 million, property records made public Wednesday show. The joint venture sold 1511 Third Avenue, a four-story retail building in the Upper East Side’s Yorkville neighborhood, to San Francisco-based real estate investment management firm Stockbridge, according to the […]]]>
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As City Considers Deficit Solutions, Fifth Avenue’s Businesses Tout Contributions
<![CDATA[The Fifth Avenue Association business improvement district wanted to quantify how much the storied boulevard contributes in taxes to the city, so it hired BJH Advisors to find out. The results? The Fifth Avenue corridor generated $1.53 billion in office and retail property taxes in 2024, the most recent year for which tax data is […]]]>
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Apollo, Affinius Capital, RXR Invest $785M in Debt and Equity to Build 175 Third Street
<![CDATA[One of Brooklyn’s biggest developments just secured a hefty sum of construction financing. Charney Companies, Tavros and Incoco Capital have secured $785 million in debt and equity financing to build 175 Third Street, a 1.1 million-square-foot mixed-use residential complex in Brooklyn that will be the fifth building in the Gowanus Wharf campus, Commercial Observer can […]]]>
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rssSupreme Court limits home equity claims in tax foreclosure case
<![CDATA[The U.S. Supreme Court handed local governments a significant win in the fight over home equity theft, ruling that homeowners whose properties are seized and sold for unpaid taxes generally aren’t entitled to compensation based on a home’s full market value. In a unanimous decision Tuesday, the court held that the benchmark for “just compensation” after a tax foreclosure sale is typically the price a property actually fetches at auction, not what it might have sold for through a conventional listing, according to Realtor.com. The ruling in Pung v. Isabella County narrows a potentially lucrative avenue for property owners seeking […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
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D.C. Department of Veterans Affairs Building’s CMBS Loan Enters Special Servicing
<![CDATA[The $102 million commercial mortgage-backed securities (CMBS) loan on PED Investments’ 425 Eye Street NW, home to the headquarters of the U.S. Department of Veterans Affairs’ Office of Construction and Facilities Management, has been sent to special servicing for “imminent monetary default,” according to an alert from Morningstar Credit. The alert notes that the building […]]]>
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Podcast | How CRE is Implementing Agentic Workflows, with Lev CEO Yaakov Zar
<![CDATA[Yaakov Zar is the founder and CEO of Lev, a software platform built to modernize the workflow of commercial real estate professionals. Yaakov started Lev after experiencing firsthand how broken the CRE financing process was, watching a $4 million loan take six months to close. What began as a tech-enabled brokerage has evolved into a purpose-built […]]]>
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rssGrocery-anchored retail REIT moves to sell majority of properties
<![CDATA[Grocery-anchored retail properties are all the rage in commercial real estate, but one operator in the space is seeking to sell a majority of its assets. Wheeler Real Estate Investment Trust tapped CBRE to sell 35 of its properties in a portfolio deal, Bisnow reported. The marketing of the unnamed properties was disclosed last week in regulatory filings. The portfolio is stabilized and 94 percent occupied, according to the REIT. It accounts for a majority of the 59 assets Wheeler owns, which largely span the East Coast. Wheeler grew a few years ago when it capitalized on Cedar Realty Trust’s […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
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Luxury Jewelry Brand David Yurman Takes 685 Fifth’s Entire 23K-SF Retail Condo
<![CDATA[Luxury jewelry retailer David Yurman has leased the entire retail condominium at 685 Fifth Avenue, just one month after a $160 million loan on the property was transferred to special servicing. The jewelry brand will open a new 23,000-square-foot David Yurman flagship store at the base of the 29-story Midtown building, according to landlord GGP, […]]]>
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Seth Hecht Returns to Colliers From JLL as New Senior Vice President
<![CDATA[Seth Hecht is returning to Colliers after more than eight years at JLL and another three years at Cushman & Wakefield. Colliers announced Wednesday Hecht’s return as senior vice president on its office leasing team, where he worked from 2006 to 2014. But this time he’s coming back with significant leadership experience, as he previously […]]]>
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New York Area the Nation’s Most Promising for Film, TV Production: CBRE
<![CDATA[At an uncertain time for television and film production nationwide as projects scatter across the globe and capitalize on massive tax benefits and other financial incentives, the New York tri-state area is the only production market in the U.S. that is clearly on the upswing, Commercial Observer has learned. According to a new report from […]]]>
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Capital One Provides $96M Letter of Credit for Far Rockaway Affordable Housing Project
<![CDATA[Tishman Speyer has sealed $214 million of construction financing to develop a 100 percent affordable housing property in Far Rockaway, Queens, Commercial Observer has learned. Capital One closed a $96.2 million letter of credit to backstop a loan provided by the New York City Housing Development Corporation (HDC) to support construction of the 300-unit Edgemere […]]]>
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rssTrump holds bipartisan housing bill hostage
<![CDATA[A bipartisan housing bill championed by both chambers of Congress is in uncharted waters after the president abruptly canceled a signing ceremony for the legislation. Hours before Donald Trump was expected to put pen to paper on the 21st Century ROAD to Housing Act, the president called the proceedings off, NBC News reported. The cancellation of the ceremony doesn’t necessarily mean Trump is vetoing the bill or even tabling it for now; the White House did not provide comment to the publication. But it appears the president is using the bill as leverage to secure passage of the SAVE America […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
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The Plan: Lower Manhattan’s Wrey Rental Tower Is Designed Like a Private Club
<![CDATA[As “Seinfeld” taught us, you can’t acquire grace. At the Wrey, though, a new luxury rental tower in Lower Manhattan, there is grace in every nook and cranny. Situated a stone’s throw from City Hall Park, the Wrey is a 31-story former office building overlooking Broadway, Saint Paul’s Chapel and the World Trade Center. Developer […]]]>
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The Broker Rolodex: Why Relationships Define the Off Market Investment Sales Broker in NYC
The Broker Rolodex: Why Relationships Define the Off Market Investment Sales Broker in NYC
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<![CDATA[SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds]]>
<![CDATA[ Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail cor]]>
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S3 Capital Lends $102M for Hell’s Kitchen Office-to-Resi Conversion
<![CDATA[Developer Hershy Silberstein has sealed $102 million of construction financing to execute an office-to-residential conversion of the Press Building in Manhattan’s Hell’s Kitchen, Commercial Observer can first report. S3 Capital supplied the loan for Silberstein’s planned transformation of 311 West 43rd Street in partnership with his general contractor firm Blue Sky Builders into 160 apartments […]]]>
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TA Realty Buys Two Staten Island Retail Buildings for $79M
<![CDATA[Boston-based real estate investment firm TA Realty has purchased two buildings within Staten Island’s Tysens Park Shopping Center, according to property records made public Monday. The James Raisides-led TA Realty purchased the properties at 2712 Hylan Boulevard and 2754 Hylan Boulevard in New Dorp Beach, Staten Island, for a total of $79.2 million from the […]]]>
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Setting the Pace: A Day in the Life of North Bridge’s John Lewis
<![CDATA[John Lewis’s young commercial real estate finance career kicked off in 2014, and has already involved multiple roles and market cycles. After seven years at Aareal Capital Corporation, Lewis moved to the banking side of CRE debt in November 2021 at First Citizens before deciding to pivot to the growing Commercial Property Assessed Clean Energy […]]]>
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New York Developer Seeks to Build 296 Units in Flushing, Queens
<![CDATA[Nearly 300 units of new housing might be coming to Flushing, Queens. New York City-based developer Gary Chen has submitted a zoning change application to build a 10-story, mixed-use project at 32-02 Linden Place, according to a Monday filing with the New York City Department of City Planning. If approved, the project would have a […]]]>
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<![CDATA[NYREJ 2026 Ones to Watch: Innovators in Commercial Real Estate Participation Options]]>
<![CDATA[ NYREJ 2026 Rising Stars Part Two in the NYREJ 2026 Ones to Watch Series]]>
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<![CDATA[Watchung’s Blue Star Shopping Center sees 40% surge in visits as redevelopment draws new restaurants and entertainment]]>
<![CDATA[ Watchung, NJ Blue Star Shopping Center is drawing 3.8 million visitors annually, up 40.1% year over year according to Placer.ai]]>
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rssRent control measure slashed from Massachusetts ballot
<![CDATA[The rent control fight in Massachusetts appears to be over for now after a consequential decision from the state’s Supreme Judicial Court. A statewide ballot measure set to appear before voters in November is no longer being allowed, WBUR reported. The presence of a religious exemption to the measure prevents it from going before voters as per the state constitution, according to the court. A landlord-backed coalition asked the state’s Supreme Judicial Court to block the question from appearing on the ballot; early polling showed voters leaning toward rent caps. State Attorney General Andrea Campbell’s office argued that the exemption […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
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<![CDATA[Lee & Associates NYC arranges Fred Astaire Dance Studios’ New Park Slope location at 508 Fifth Ave.]]>
<![CDATA[ Claude Kolb Brooklyn, NY Lee & Associates NYC has arranged a new 10-year lease for]]>
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Centerbridge Partners Lends $210M on Orange County, Calif., Condos Repositioning
<![CDATA[Developer Crescent Heights has sealed a $210 million condominium inventory loan for the transformation of a newly acquired former multifamily property in Santa Ana, Calif., into Orange County’s tallest residential complex, Commercial Observer has learned. Centerbridge Partners supplied the loan for Skyline OC featuring 349 for-sale condos across two 25-story towers. Crescent Heights acquired the […]]]>
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rssOffice Properties Income Trust emerges from bankruptcy
<![CDATA[Office Properties Income Trust emerged from Chapter 11 bankruptcy with a dramatically reworked balance sheet, shedding more than $700 million in debt as it seeks to stabilize a portfolio heavily exposed to the battered office sector. The Massachusetts-based real estate investment trust announced it completed its restructuring and exited bankruptcy this month after winning court approval for its reorganization plan in April. The process eliminated roughly $714 million of debt, reduced leverage and converted large portions of the company’s creditor base into shareholders. Under the plan, OPI reinstated its $425 million revolving credit facility, which now carries a 9.1 percent […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
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<![CDATA[Let them build: How SEQRA reform and market realignment are reshaping commercial real estate in New York’s Hudson Valley - by Paul Adler]]>
<![CDATA[ Commercial real estate in the Hudson Valley is in the middle of a genuine realignment – not the collapse some predicted, and not a V-shaped recovery either, but a recalibration of capital and expectations that rewards patience and local knowledge. At Rand Commercial, we watch this trans]]>
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Design Firm Pink Sparrow Inks 62K-SF Deal in Long Island City
<![CDATA[Pink Sparrow, an experiential design and fabrication company, has relocated its headquarters to 30-10 Review Avenue in Long Island City, Queens, from its previous space about 1.5 miles away at 24 Greenpoint Avenue in Greenpoint, Brooklyn, Commercial Observer has learned. The design firm’s new space at the industrial property near Newton Creek spans 62,000 square […]]]>
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Fred Astaire Dance Studios Leases First Park Slope Location
<![CDATA[The international dance franchise Fred Astaire Dance Studios is waltzing into Brooklyn’s Park Slope neighborhood. The school’s new lease at 508 Fifth Avenue spans 2,500 square feet of ground-floor retail space previously occupied by shoe store Bobby Sportswear. The 10-year deal’s asking rent was $72 per square foot. The lease is the New York dance […]]]>
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rssHousing bill bounces back to House after Senate passage
<![CDATA[The long and winding road to passing the 21st Century ROAD to Housing Act may finally be at an end. On Monday, the Senate voted 85-5 in favor of the housing affordability bill, NBC News reported. Several votes were left on the table after severe storms forced a ground stop at the airport, preventing senators from making it on time. There are numerous provisions in the bill, which is expected to be voted on by the House later this week. Critically, the bill includes a ban on large institutional investors from purchasing single-family homes. That provision was one of the […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
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<![CDATA[Institutional Property Advisors exclusively offers grocery anchored retail center for sale in Pennsylvania’s Lehigh Valley]]>
<![CDATA[ Allentown, PA Institutional Property Advisors (IPA), a division of Marcus & Millichap has been named the exclusive listing of Alle]]>
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REBNY Chooses Jonathan Mechanic as Next Chair
<![CDATA[The Real Estate Board of New York (REBNY) has chosen Jonathan Mechanic as its next chair, according to a Tuesday announcement. Mechanic, chairman of the real estate department at law firm Fried Frank Harris Shriver & Jacobson, will succeed Jed Walentas, chairman and CEO of Two Trees Management, in a three-year term beginning Jan. 1, […]]]>
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Peachtree Lends $44M on Florida Panhandle Multifamily Project
<![CDATA[Arris Holdings has sealed $43.5 million of bridge debt for the completion and lease-up of a multifamily community in the Florida Panhandle, Commercial Observer has learned. Peachtree Group originated the two-year loan with one-year extension option to finance the final phase of the Seahaven Apartments project in Panama City Beach, Fla. The apartment project is […]]]>
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