News:
Brokerage
Posted: January 31, 2023
Guilbet of Manhattan Property Group leases 2,237 s/f to Banreservas
Manhattan, NY Manhattan Property Group leased a 2,237 s/f retail space on the corner of Amsterdam Ave. and 181st St., on behalf of its client Banreservas (Banco de Reservas de la Republica Dominicana).
Banreservas is the Dominican Republic’s largest financial institution. This lease marks the second U.S. retail banking outpost for the financial firm, following its opening in Europe (Spain) and subsequently, its first U.S. outpost in Miami, FL.
The property, Radio Tower & Hotel, was developed by Young Woo & Associates. The ground floor corner office space in Washington Heights, establishes the client’s presence and makes a statement in the community it serves.
“This was first on our clients wish list, and a must have at all cost”. We are beyond excited & grateful to have played a small part in the process,” said Roberto Guilbet, principal of Manhattan Property Group.
Guilbet represented the tenant Banreservas, while Newmark’s executive managing directors Justin DiMare and Matt Leon and director, Chris Ventura represented the landlord Young Woo & Assocs. in the lease transaction.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Quick Hits
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
.gif)
September Promotion
