Globest Sectors

LONG BRANCH, NJ-The new construction will add 240 residences, a hotel and 3,800 sf of retail to Applied Development's Pier Village.

NEW YORK CITY-The prewar elevator property with 214 residential units and ground-floor retail space sheds for $400 per sf at a projected 5.2% cap rate.

DALLAS-The 95%-leased Carousel Court Apartments passes from one local investor to another, who beat five others with a $6-million bid.

NEW YORK CITY-Meir Cohen and Ben Korman shed the 50,997-sf property at 2856-2860 Steinway St. in Astoria for $441 per sf.

ALTOONA, PA-After completing the 98,243-sf Chestnut Avenue Plaza, the developer of primarily single-tenant retail wants out from under management of the property.

CAMDEN, NJ-Susquehanna Patriot Bank now calls Steiner & Associates' 100,000-sf Ferry Terminal Building home.

NEW YORK CITY-Structured Real Estate Finance Group at M&T Bank arranges the three-year short-term financing for $250 million for 50 W. 34th St.

BALTIMORE-CB Richard Ellis is putting out feelers for a buyer a JV partner to redevelop one of the last stretches of waterfront here.