Front Section

Lee & Assoc. NYC secures 3,100 s/f for Small Door Inc.

Manhattan, NY According to Lee & Associates NYC, Gregory Tannor, executive managing director/principal, and Zachary Diamond, senior associate, have negotiated a 15-year, 3,100 s/f lease on the ground floor at The Greenwich Ln. residential condominium at 15 Seventh

New York City Climate Mobilization Act passes - by Thomas Kearns

The New York City Council recently passed a set of bills requiring owners of buildings of 25,000 s/f or larger to take several steps to reduce greenhouse gas emissions. The bills include: a requirement that the emission of greenhouse gases be

Black Mountain Capital opens new 2,500 s/f storefront at 371 North Ave. in New Rochelle

New Rochelle, NY Black Mountain Capital, (BMC), a private mortgage banking firm, has opened a new office downtown. The firm is also expected to expand and open offices in Greenwich, CT, the Hamptons and Florida.

The Wizard of OZ (that’s “Opportunity Zones”) The Round 2 Regs - by Dan Flanigan

The much anticipated second round of OZ regulations (Round 2 Regs) arrived on April 17, 2019 and provided a number of important clarifications, most of which are favorable to taxpayers, especially for operating businesses that are

Resnick & Sons complete two leases at 199 Water St. totaling 94,965 s/f

Manhattan, NY According to Jack Resnick & Sons, two companies have signed new leases and expansions totaling 94,965 s/f at 199 Water St.

Kopelowitz and Corde Rosenberg & Estis reps. 159 23rd LLC in Civil Court

Manhattan, NY Rosenberg & Estis, P.C. continues its representation of landlord 159 West 23rd LLC in a holdover proceeding against its commercial tenant

Storage Deluxe acquires 74 Bogart St., 80,000 s/f warehouse for $45.5 million; Kassin Sabbagh Realty and Cohen & Perfetto act for purchaser

Brooklyn, NY Storage Deluxe, a Manhattan-based owner and developer, has acquired 74 Bogart St. for $45.5 million. The 80,000 s/f vacant warehouse will be redeveloped into a…

Fridman of Barcel Group brokers sales of three buildings: $7.287 million total

Brooklyn, NY Barcel Group completed the sale of three buildings. The properties are: 837 Manhattan Ave., 2405-2409 Nostrand Ave. and 1024 New York Ave. The sale of the three properties totals

Exact Capital renovates/preserves 650 rental units, 25 stores in Harlem

Manhattan, NY Exact Capital has renovated and preserved 650 affordable residential rental units and 25 stores in 29 buildings, including 166 West 120th St., in Central Harlem between 113th and 152nd Sts.

Outside the Region: Rafinia Property Group facilitates sale of Central Plaza Retail Center for $1.7 million

Church Hill, TN Rafinia Property Group (RPG) has facilitated the sale of the Central Plaza Retail Center for $1.7 million. Central Plaza Retail Center is a 43,700 s/f retail strip center with