Gilco Realty LLC arranged the signing of the first lease at 1150 Webster Ave. The building is currently under a gut renovation transforming from a parking garage into retail and offices. Michael Gilbert of Gilco represented landlord, 1150 Realty LLC, and tenant, Dollarland.
Dollarland will occupy 7,000 s/f of the 16,000 s/f ground floor space. The building still has another 9,000 s/f on the ground floor as well as 16,000 s/f of office space on the second floor.
Manhattan, NY Adirondack Capital Partners (ACP) closed the $45 million sale of 126/128 Tenth Ave. and 456 W. 18th St. to Toll Brothers City Living. The acquisition forms part of a broader
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
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
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
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.