Port Chester, NY National Multifamily brokered the sale of a six-unit apartment building located at 56-58 Oak St. to a NY-based investor for $750,000 ($125,000 per unit). The deal closed on March 28th. Company president Matt Cawley represented the seller and procured the buyer in the off-market
Wappingers Falls, NY OPEN Impact Real Estate (OPEN) made known that Kaplan Career Academy, part of the Greenburgh-North Castle Union Free School District, has signed a new 15-year lease for 38,500 s/f at 29 Marshall Rd. The new lease ensures a new home for the Special Act School, which serves students with disabilities.
Manhattan, NY Cushman & Wakefield served as the exclusive advisor to an affiliate of Jamestown in the refinancing of 88 Leonard St., a 21-story, 352-unit multifamily property in Tribeca. The loan was provided by a European bank.
Manhattan, NY Rudin has finalized long-term renewals with law firms Skarzynski Marick & Black (Skarzynski Marick) and Gordon Rees Scully Mansukhani (GRSM) at One Battery Park Plaza, its 35-story, 870,000 s/f office tower.
Manhattan, NY Kassin Sabbagh Realty has brokered Powerhouse Gym’s lease at 158 West 27th St. The international fitness chain leased 18,887 s/f across three levels in the AFIAA-owned Chelsea property. This marks Powerhouse’s second NYC facility after its Long Island City debut, adding to other sites across
Manhattan, NY Industrious, the flexible workplace company, signed its newest location in New York City, Industrious Lex & E 50th St, set to open in early fall of 2025. This location, at 560 Lexington Ave. in Midtown East, is in partnership with Rudin.
Manhattan, NY The Feil Organization renewed Gruber Palumberi Raffaele Fried, PC’s 8,383 s/f lease at 7 Penn Pl. for an additional eight years. Feil was represented in-house by Andrew Wiener, Kyle Young and Henry Korzec. Gruber Palumberi Raffaele Fried PC was represented by David Kahane of DAK Commercial Realty.
Manhattan, NY Fifth Avenue Association named Edward Pincar Jr. as its new president. Pincar, who most recently served as the Manhattan Borough commissioner at the New York City Department of Transportation (NYC DOT), is charged with overseeing the BID’s strategy for elevating Fifth Avenue’s statu
Manhattan, NY Savills has appointed Mitti Liebersohn as CEO of brokerage operations for the tri-state region. The move comes as the firm continues its expansion across North America, with a focus on elevating leadership and deepening market strength in key regions.
Manhattan, NY Daniel Valenti has joined Troutman Pepper Locke as a partner in the firm’s market-leading real estate practice group in New York. His addition further bolsters the firm’s commercial real estate transactional offerings in the northeast and across the country.
Manhattan, NY ISS North America, a workplace experience and facility management company and one of the world’s largest private employers with 320,000 employees, has appointed Chely Wright as senior vice president and head of corporate social responsibility and new markets for North America.