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Metropolitan Realty Assocs. leases 75,000 s/f cold storage/freezer distribution facility

Bayport, NY According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA), the company executed a 15-year lease agreement with Bakery Process Solutions for the entire single-story cold storage/freezer facility and distribution center located at 33 Rajon Rd.

Bargold Storage Systems serves millennial
market’s self-storage needs

Long Island City, NY Millennials are turning to self-storage solutions in record numbers, especially in the greater New York area, where real estate is scarce, and prices continue to soar. Nearly one-third of all self-storage renters today belong to the millennial demographic

What is a Yellowstone Injunction and when is this relief not available to a commercial tenant? - by Andrew Baranetsky

In New York, when a commercial tenant breaches the terms of its lease, the landlord generally must serve a notice to cure on the commercial tenant to provide the tenant an opportunity to timely cure the default, or face the possibility

Doshi and Mehra of Meridian sell multifamily properties - $9.5 million

Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra negotiated the sale of 61-69 and 71-79 Wadsworth Ave., blockfront properties located between West 176th and West 177th Sts. in Washington Heights. The properties traded for the first time in over 40 years.

OPEN Impact R.E. and Transwestern R.E. represent Selfhelp in 45,689 s/f headquarters lease

Manhattan, NY OPEN Impact Real Estate LLC (OPEN) and Transwestern Real Estate Services (TRS) represented Selfhelp Community Services in its new headquarters lease of 45,689 s/f at

Advent International leases 34,000 s/f office at RFR’s Seagram Building

Manhattan, NY Private equity firm Advent International has leased 34,000 s/f of office space at RFR’s Seagram Building. Seagram continues to attract and retain tenants with certain spaces pre-leasing even before they become available.

Douglaston Development and the Entertainment Community Fund secure construction financing for 158-unit Rialto West

Manhattan, NY A joint venture team of Douglaston Development and the Entertainment Community Fund (ECF) closed on the construction financing for Rialto West, an eight-story, 140,000 s/f, 158-unit 100% affordable

‘New York Building Congress Across New York State’ report highlights $221b in member projects across Empire State

Manhattan, NY The New York Building Congress released its ‘New York Building Congress Across New York State’ report, a snapshot of their members’ contribution to construction and development

Commercial real estate marketing in 2024: Choose quality over quantity - by Kimberly Zar Bloorian

In today’s fast-paced world of commercial real estate, where competition is fierce yet opportunities abound, the age-old principle of “quality over quantity” is more and more relevant. Promoting

50+ organizations launch statewide coalition to demand funding for housing voucher program

Albany, NY More than 50 organizations from across New York launched Housing Access New York – a new coalition that brings together advocates for tenants’ rights, landlords, children, immigrants,