NEW YORK CITY-A Hell's Kitchen high-rise residential project closes on $136.5 million in construction financing in the form of tax-exempt and taxable HFA-issued bonds. Singer & Bassuk Organization arranged the funding.

NEW YORK CITY-The buyers sell a Brooklyn asset in a 1031 exchange to facilitate the purchase of the Long Island office property, which is adjacent to the Hicksville train station. The seller is a division of Tully Construction Co.

NEW YORK CITY-Upscale bakery shop Mondrian Pastry will open its first Manhattan shop directly across the street from Bloomingdale's. Insignia/ESG brokered the 15-year lease, which is valued at $5.6 million.

NEW YORK CITY-The crustacean chain will open a three-level restaurant in a 14,513-sf space at 5 Times Square, the Ernst & Young Building. A major build-out is planned, including a newly constructed mezzanine level.

NEW YORK CITY-Despite what seemed like the slowest of summers, office building sales numbers are surprisingly strong. Midtown has led the surge, in both volume and pricing.

NEW YORK CITY-Insignia stakes a claim in Canada for the first time through an alliance with Toronto-based J.J. Barnicke Ltd. The firm, to be renamed J.J. Barnicke Insignia, will be I/ESG's exclusive Canadian rep and will have access to the vast Insignia platform.

NEW YORK CITY-KFC, Domino's Pizza and Dunkin' Donuts sign a total of nine leases for new stores in Brooklyn, the Bronx and Queens. Aggregate value of the leases is more than $10 million. NAI Friedland Realty Inc. represented the tenant in all the transactions.

NEW YORK CITY-CBRE Investors beefs up its Corporate Partners Group, renaming it Global Net Lease Partners and bringing on sale-leaseback veteran Steve Olsen to helm the initiative. The unit will focus on properties in the US, UK and Europe.