Secaucus, N.J.-based Hartz Mountain Industries has expanded to the West Coast by purchasing Alto Apartments, a 184-unit residential tower in the Belltown section of the city.
The property was constructed in 2012 and enjoys modern, class A apartment finishes.
Hartz Mountain was represented in the purchase by Jeffrey Dunne and Christopher Leonard of CBRE's New York institutional group. James Gunning and Donna Falzarano of CBRE's debt & equity finance team secured the debt for Hartz Mountain. Jon Hallgrimson, Frank Bosl and Eli Hanacek of CBRE's Seattle office represented the seller.
Manhattan, NY According to the Durst Organization, full-service law firm Nutter is expanding their office at 5 Grand Central East to 11,438 s/f. Nutter will take the entire 25th floor, in addition to renewing the firm’s existing office space on the 27th floor of the building.
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.
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
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