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Brody of Brody Realty inks 4,900 s/f to PM Pediatrics; SD Urban is landlord

Bronx, NY According to SD Urban Retail, it has executed a lease with PM Pediatrics at The Shops on Broadway. Located at 5740 Broadway, the subject is a newly constructed…

Crown Heights: Megaprojects and Opportunity Zones point to another area metamorphosis - by Berman, Meehan and Chartash

Crown Heights has undergone an amazing transformation in recent years, but is it about to become unrecognizable? Developers are breaking ground at a rapid pace and the upcoming construction of…

Hello Living and TriState Commercial secure 7,500 s/f lease for WOODstack

Brooklyn, NY Hello Living LLC has secured the first commercial retail tenant at Hello Flatbush, at 1357 Flatbush Ave. WOODstack will be occupying 7,500 s/f. Asking rent was $55 per s/f.

Construction begins on 110-unit Apple Blossom Apartments; DePaul Properties is developer for $37 million project

Cheektowaga, NY According to governor Andrew Cuomo, construction has begun on a $37 million affordable and supportive housing development.

Famularo and Goldberg of Meridian Retail Leasing arrange 1,700 s/f; Kapnick and Watson of Lee & Associates represent tenant, Bite Food & Coffee

Manhattan, NY Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a long-term lease for Bite Food & Coffee at 820 Broadway in the Greenwich Village neighborhood…

Outside the Region: Aquino of JAACRES and Palermo of Coldwell Banker sell Beverly Hills retail property for $5.5 million

Beverly Hills, CA According to The Secret Brokers Society, Joseph Aquino, president of JAACRES, has partnered with Anthony Palermo from Coldwell Banker to sell a…

Law: Federal antitrust suit filed against NAR alleging commission price fixing - Thomas McNamara

A class action antitrust lawsuit has been filed in federal court in Chicago against the National Association of Realtors (NAR) and four of the nation’s largest real estate brokerage companies.

Mack-Cali Realty completes 3.1 million s/f office/flex portfolio sale to Robert Martin Co. for $487.5 million

Elmsford, NY According to Mack-Cali Realty Corp., it has executed the sale of its 3.1 million s/f office/flex portfolio to Robert Martin Company LLC (RMC). The aggregate sales price for the portfolio was $487.5 million.  

Ranieri of NorthMarq secures $2.73 million in acquisition financing for 80,846 s/f Liberty Center Plaza in Seneca Falls

Seneca Falls, NY Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains office secured acquisition financing of $2.73 million for Liberty Center Plaza, a 80,846 s/f retail property. 

Fareri Associates move forward with approval process for North 60, launches project website

Valhalla, NY Plans to transform a vacant 60-acre site adjacent to the Westchester Medical Center into an innovative bioscience, technology and lifestyle campus has taken a…