Category: Brokerage

City of Yes for Housing Opportunity: Improving the ability to transfer a landmark's development rights - by Michael Smith and Robert Huberman

City of Yes for Housing Opportunity: Improving the ability to transfer a landmark's development righ...

March 25, 2025
New York City real estate owners and developers have long asked us about transferring unused development rights from an individual landmark to a site across the street, through a 74-79 Special Permit issued by the City Planning Commission (CPC). While these transfers have
McHugh Furnishings acquires Professional Furnishings & Equipment

McHugh Furnishings acquires Professional Furnishings & Equipment

March 25, 2025
Uniondale, NY McHugh Furnishings, a provider of specialty furnishings for education, healthcare, entertainment, and multifamily housing has acquired Professional Furnishings & Equipment (PFE), a Buffalo-based company with additional offices in Syracuse and
What is estoppel? - by Thomas Kearns

What is estoppel? - by Thomas Kearns

March 25, 2025
While real estate professionals should be familiar with the term “estoppel,” the legal doctrine of estoppel has a surprisingly wide reach. Estoppel is a legal principle that prevents someone from denying a fact that they previously agreed to. In real estate,
Strader of Silverstein Properties leases 11,465 s/f to GACC NY at 120 Wall St.

Strader of Silverstein Properties leases 11,465 s/f to GACC NY at 120 Wall St.

March 25, 2025
Manhattan, NY Silverstein Properties signed a relocation agreement with the German American Chamber of Commerce in New York (GACC NY) at 120 Wall St. Established over 75 years ago to promote commerce between Germany and the United States,
Capitol Fire Sprinkler begins new installation and system upgrades at 40,000 s/f 92nd St. Y

Capitol Fire Sprinkler begins new installation and system upgrades at 40,000 s/f 92nd St. Y

March 25, 2025
Manhattan, NY Capitol Fire Sprinkler has been retained for a second project at the 92nd St. Y. The fire protection firm is providing system upgrades at the cultural and education center, located at 1395 Lexington Ave.
The dark reality behind New York City's photoluminescent glow-in-the-dark safety laws - by Robert Katz, Brent Katz and Art Forst

The dark reality behind New York City's photoluminescent glow-in-the-dark safety laws - by Robert Ka...

March 25, 2025
In July 2006, five years after the tragic events of September 11, 2001, New York City introduced Local Law 26, a measure symbolizing a collective resolve to prioritize safety in the face of disaster. The law mandated the installation of building code-compliant photoluminescent
Simone Development signs 24,500 s/f in leases at 1 Zeiss Dr.

Simone Development signs 24,500 s/f in leases at 1 Zeiss Dr.

March 25, 2025
Thornwood, NY Simone Development Companies has signed 24,500 s/f of new leases at 1 Zeiss Dr. Immortal Fitness leased 14,994 s/f and the Random Farms Kids’ Theater leased 9,506 s/f. Both are relocations.
The Moinian Group inks 5,000 s/f lease with Cobalt Service Partners in Flatiron

The Moinian Group inks 5,000 s/f lease with Cobalt Service Partners in Flatiron

March 25, 2025
Manhattan, NY The Moinian Group has signed a 5,000 s/f, five-year lease with Cobalt Service Partners, a commercial access solutions platform at 53 West 21st St. in the Flatiron district. Cobalt Service Partners will use its new space
Joly of Igloo NYC leases 3,984 s/f to Gowanus Marketplace and Hey Clay at 420 Carroll

Joly of Igloo NYC leases 3,984 s/f to Gowanus Marketplace and Hey Clay at 420 Carroll

March 25, 2025
Brooklyn, NY Two new retail leases have been signed at 420 Carroll, the first mixed-income building developed through the 2021 Gowanus Neighborhood Rezoning. The two businesses, Gowanus Marketplace and Hey Clay, slated to open in 420 Carroll’s ground floor
Cushman & Wakefield facilitates five subleases - 112,047 s/f at 1745 Broadway

Cushman & Wakefield facilitates five subleases - 112,047 s/f at 1745 Broadway

March 25, 2025
Manhattan, NY Cushman & Wakefield has facilitated five sublease transactions totaling 112,047 s/f at 1745 Bdwy. This 780,525 s/f, 26-story office building is located at the southwest corner of 56th and Bdwy. in Midtown.
Power named co-chair of land use practice  at Kramer Levin

Power named co-chair of land use practice at Kramer Levin

March 25, 2025
Manhattan, NY Kramer Levin has elevated James Power to co-chair of the firm’s land use practice alongside Elise Wagner. Power will co-lead one of the largest and most experienced land use practices in New York City. He succeeds Paul Selver