News: Brokerage

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

Shown (from left) are: 37-40 74th Street, 69 East 125th Street, and 225 Fourth Avenue - New York, NY

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.

Daniel DePasquale

On behalf of Greystone Development, DePasquale’s signed leases:

At 225 Fourth Ave. in Brooklyn: 1,850 s/f in a lease to bring a UPS store. The store is slated to open this summer.

At 69 East 125th St. in Harlem: 3,500 s/f in a lease to bring a COVID data collection center that is now open.

On behalf of Midwood Investment & Development, DePasquale’s signed leases in Jackson Heights:

At 37-39 74th St.: 1,682 s/f plus basement, a graphics/printing tenant. A five-year lease with a five-year option.

At 37-40 74th St.: 1,706 s/f plus basement, Abid Jewelers, a jewelry tenant, a 10-year lease with a five-year option.

Both tenants are slated to open this spring.

Lastly, DePasquale represented Red Chaconia, LLC for a 600 s/f café at 616 Flatbush Ave., slated to open this summer.

Katz & Associates began operations in January of 1996. The company currently maintains offices in New York City, Boca Raton, Charlotte, New Jersey, Nashville, and Orlando. Katz & Associates’ primary focus is assisting retailers, restaurants, and landlords in all capacities including strategic planning, market analysis, lease and sale negotiations, and dispositions. Our team of seasoned veterans has decades of experience and invaluable market knowledge.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent