City: Long Island

Commercial Observer A venture of Angelo, Gordon & Co. and the We're Group has secured $350 million of financing against a portfolio of 16 office and medical-office buildings on Long Island, N.Y. Barclays and Citigroup provided the debt, which will ...

Fairfield Properties has paid $33 million, or $660,000/unit, for the 50-unit Horizon at Roslyn apartment complex in the Long Island community of Roslyn, N.Y. The Melville, N.Y., investor bought the 15-year-old property, at 61 Bryant Ave., along Hempstead Harbor, from ...

The Real Deal The St. Paul Fire and Marine Insurance Co. has paid $74.5 million, or $378.17/sf, for the 197,000-square-foot distribution center at 344 Duffy Ave. in Hicksville, N.Y. The affiliate of Travelers Cos. bought the Long Island, N.Y., property ...

Commercial Observer The Birch Group has paid $62 million, or about $178.16/sf, for the 348,000-square-foot office building at 1979 Marcus Ave. in Lake Success, N.Y. The Nanuet, N.Y., real estate investment firm bought the Long Island, N.Y., property from a ...

Commercial Real Estate Direct Staff Report Inland Real Estate Acquisitions LLC has paid $54 million, or $495,413/unit, for the 109-unit Avalon Towers apartment property in Long Beach, N.Y. The Oak Brook, Ill., company bought the property, on Long Island, from ...

The Real Deal An auction that was scheduled for yesterday to sell a portfolio of commercial properties in Manhattan, Queens, N.Y., and Long Island, N.Y., has been postponed. Jeffrey Wu, a Queens developer that owns the portfolio, recently threw three ...

New York Post The 13-room Shou Sugi Ban House Hotel in the Long Island, N.Y., town of Water Mill is available for rent this summer. Amy Cherry-Abitbol, the owner, has hired Brown Harris Stevens to find anyone interested in renting ...

Commercial Observer M&T Bank has provided $64.5 million of construction financing against the 230-unit apartment project at 2930 Rockaway Ave. in Oceanside, N.Y. Feil Organization of New York is developing the four-story building. The company is setting aside 10 percent ...

Commercial Real Estate Direct Staff Report The modified $165.6 million CMBS loan against the 778,370-square-foot office building in Islandia, N.Y., that once had served as the headquarters of Computer Associates again has transferred to special servicer C-III Asset Management. The ...

The Real Deal The Gosman family has agreed to sell a portfolio of retail buildings in Montauk, N.Y., for $52.5 million. It is selling the properties to Mike Angeliades, the owner of a Queens, N.Y., construction company. The properties, which ...