The Moinian Group inks 16,000 s/f
of new leases at 72 Madison Ave.
Manhattan, NY The Moinian Group has signed 16,000 s/f of new office leases at 72 Madison Ave. in Midtown South with Oso Security, Doing Things and Direct Books. “72 Madison Ave. is a state-of-the-art building in the premier location of Midtown South, and we are proud to continue
CBRE Upstate brokers $3.2
million sale of 11-property portfolio
Buffalo, NY CBRE Upstate NY, an affiliate of CBRE, negotiated the $3.2 million sale of an 11-property portfolio along Humboldt Pkwy. to Dofi Properties, a Buffalo-based development firm led by CEO Justin Fineberg and Dr. Marc Fineberg. The portfolio consists of homes located
Buffalo Apartment Market - Long-term investors should always be interested in needs-based hard asset like apartments - by Brian Heine
After rising to near 5% and falling back down to 3.6% in the last year the ten-year treasury note has stabilized in a range around 4% even with the recent turmoil over new import tariffs, significantly higher than four years ago. More interest rate cuts look to be unlikely this year
Sterling Equities completes construction
of 1,000 unit CubeSmart Self-Storage
Farmingdale, NY Sterling Equities, (Sterling), a fully-integrated investment firm with holdings in real estate, media and sports, announced the completion and grand opening of a newly built three-story self-storage facility located at 505 Bi-County Blvd. The new
Barbuto of Stellar Rose
Group sells 1,850 s/f
Melville, NY Stellar Rose Group Inc. negotiated the sale of a 1,850 s/f building at 89 Ruland Rd. The sales price was $830,000. Joseph Barbuto, MBA, of Stellar Rose Group, represented both the seller and buyer as the real estate broker.
BRP Companies celebrates completion of
The Arboretum at Farmingville
Farmingville, NY BRP Companies celebrated the grand opening of the remaining units of the Arboretum at Farmingville, a 491,000 s/f, 292-unit, garden-style, residential community located at 20 Maple Ln. within the town of Brookhaven.
L&L Holding achieves full occupancy
at 425 Park Ave.
Manhattan, NY L&L Holding Company has leased 425 Park Ave.’s last remaining availability – a premier bi-level retail space – to Ferrari North America Inc., which will open a new flagship showroom at L&L’s Plaza District tower.
Wells Fargo celebrates grand
opening of branch in Manhattan
Manhattan, NY Wells Fargo celebrated the grand opening of its newest full-service branch at Broadway & 82nd located on the Upper West Side. The new branch is the latest in Wells Fargo’s expansion across New York; it is the fourth branch to open its
Southern Land Company celebrates grand openings of two apartment communities
Hauppauge, NY Southern Land Company (SLC), a national real estate developer known for its residential and mixed-use communities, recently held grand opening celebrations for its first two Long Island properties: Carlow Wind Watch
Innovo Property Group tops out
736,000 s/f Review Ave. Complex
Queens, NY Innovo Property Group (IPG), a New York City-based real estate investment and operating company founded by Andrew Chung, has topped out its newest purpose-built multistory urban industrial facility, Review Avenue Complex.
Simone Development’s logistics
facility hosts annual Bronx Ball
Bronx, NY A former supermarket at 1720 Eastchester Rd., redeveloped and converted by Simone Development Companies into a modern warehouse and distribution center in the Morris Park section, was once again transformed - this year into a magical ballroom