M&T Realty Capital Corp. closes $34 million loan for the refinance of a 256-unit building

M&T Realty Capital Corp., a commercial mortgage banking subsidiary of M&T Bank focused on capital markets financing and Fannie Mae and Freddie Mac multifamily programs, closed a $34 million Freddie Mac loan for the refinance of a 256 residential unit high-rise co-operative located at 250 Mercer St. M&T Realty is one of a select group of Freddie Mac Program Plus seller/servicer authorized to originate and service multifamily loans on behalf of Freddie Mac. Under the Freddie Mac program, M&T Realty originates and services loans for apartment properties, including market-rate properties, student housing, cooperatives, and certain affordable housing projects. This property at 250 Mercer St., located between 3rd and 4th Sts., is one of the larger co-op buildings in Greenwich Village/NoHo area. M&T Bank, through their traditional commercial real estate division, also provided a $2.5 million line of credit for the project.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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Columns and Thought Leadership

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

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