New York City

After the pandemic: Should you invest in CRE? - by Vladislav Poshmorga

If you asked a financial or industry analyst in October 2020 to predict the state of commercial real estate in the U.S., they probably would have forecasted that property prices would

JLL Capital Markets completes $32.325m sale of 1303-1309 Third Ave.

New York, NY JLL Capital Markets has completed the $32.325 million of 1303-1309 Third Ave., a premier corner development site on the Upper East Side. JLL worked on behalf of the seller Gastonia, LLC to complete the sale to the buyer EJS Group.

Bideawee purchases building to serve as its NYC headquarters for $7.68 million - project’s architect of record is Ted Moudis & Associates

Manhattan, NY Bideawee, one of the country’s oldest and most respected animal welfare and pet adoption organizations, has purchased a building to serve as its NYC headquarters for $7.68 million.

DePasquale of Katz & Associates facilitates five leases totaling 9,338 s/f

New York, NY Daniel DePasquale, director, Katz & Associates, has closed five lease deals. He has two signed leases in Brooklyn, two in Jackson Heights, and one in Harlem. On behalf of Greystone Development, DePasquale’s signed leases:

Bestreich Realty Group brokers $1.65 millikon sale

Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 94 Herbert St. in Williamsburg, for $1.65 million. This property is a three-family renovated and converted to a two-family with an owner’s duplex

NYC real estate market update - by Romer and Harris

From all different angles, real estate can look different for everyone involved. Buyers see the tangible, brokers focus on facilitating the transaction to the satisfaction of the buyers and sellers, and the attorneys cross the proverbial t’s and dot the i’s to ensure that all interests are protected.

Polakoff of Avison Young arranges $13.25m sale of 100 Second Ave.

New York, NY The New York City office for Avison Young completed the sale of 100 Second Ave., an eight-unit mixed-use asset located on 1st Ave. between East 5th St. and East 6th St. in the East Village

Industrious partners with Resolution Real Estate to operate 23,000 s/f coworking space

New York, NY Industrious has partnered with Resolution Real Estate Partners LLC to operate three floors of coworking space in the real estate company’s building at 251 West 30th St. Industrious will take over 23,000 s/f of space

Helmsley Spear handles 43,542 s/f lease to Quest

New York, NY Helmsley Spear, LLC has represented the ownership of 48 Wall St. in a new long-term lease with Quest Workspaces for the entire 10th, 11th and 12th floors for a total of 43,542 s/f.

RFR completes six new leases comprising 28,111 s/f at 17 State St. in Downtown

New York, NY RFR has completed six new leases at 17 State St., a 42-story, 571,000 s/f trophy office tower in Lower Manhattan. Ranging from financial services to healthcare technology and accounting firms, the six firms will account for a total of 28,111 s/f