Loeb & Loeb LLP real estate partner Michael Kinney represented the landlord, Moraveda Realty Corp. in a retail lease that closed with new tenant, Foot Locker Retail, Inc. Foot Locker, a leading global retailer of athletically inspired shoes and apparel, leased the entire building known as 142 West 34th St. The term of the new lease with Foot Locker is for 15 years.
The property is located in Herald Sq. Previous tenants of the space have included Zales Jewelry Store and Brookstone Stores, Inc.
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.
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.
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
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