Category: Brokerage
Cushman & Wakefield publishes legal sector leasing insights and NYC office market update
February 13, 2024
Manhattan, NY Cushman & Wakefield released its Legal Sector Leasing Insights report for the fourth quarter of 2023 alongside a January 2024 Office Market Update report.
Gantry secures $38.15 million of construction
financing for 132-unit The Lawrence Apartments
February 13, 2024
Buffalo, NY Gantry has secured $38.15 million of construction financing for the development of The Lawrence Apartments. The class A project will deliver a four-story, 132-unit building at 983 Michigan Ave., adjacent to the Buffalo Niagara Medical Campus.
Phillips and Perlman of Largo Capital arrange five mortgages
February 13, 2024
Dewitt, NY Largo Capital, Inc. arranged five first mortgages. Jack Phillips, principal at Largo Capital, Inc. secured a $21.75 million leasehold mortgage to refinance the existing debt on a newly
Cook Properties opens new 20,760 s/f 177 unit Village Woods Storage
February 13, 2024
Spencerport, NY Cook Properties celebrated the grand opening of a new self-storage facility, marking an expansion of its presence in the Greater Rochester area. The 20,760 s/f space was completely renovated to accommodate 177 climate-controlled self-storage
February 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell
February 13, 2024
The NYSCAR Board of Governors met on February 6, 2024 at the Crowne Plaza/Desmond Hotel in Albany. The board welcomed three new board members: Hilary Ryan Goldman from the Hudson Valley Chapter; Karen Zalewski-Wildzunas from the Greater
NYSCAR conference at Rivers Casino to be held June 24th-26th
February 13, 2024
Schenectady, NY The New York State Commercial Association of Realtors (NYSCAR) will hold their annual conference at Rivers Casino on June 24th-26th. Upstate NY CCIM Chapter and the Society of Exchange Counselors are sponsors of the event.
February 2024 NYSCAR Professional Development Course
February 13, 2024
Creating Wealth Through 1031 Exchanges Date: Tuesday, February 27, via Zoom 9:00 am – 12:00 pm Instructor: Russell Gullo, CCIM CE credit: 3 hours. Best Kept Secret In Real Estate
Ariel Property Advisors arranges $26 million
sale of 237-unit 1500 Noble Ave.
February 13, 2024
Bronx, NY Ariel Property Advisors (Ariel) negotiated the $26 million sale of a 237-unit high-rise multifamily building at 1500 Noble Ave. An Ariel team comprised of Victor Sozio, founding partner; Shimon Shkury, president and founder; Jason Gold,
Del Frisco’s Double Eagle renews lease
at 1221 Avenue of the Americas
February 13, 2024
Manhattan, NY According to Rockefeller Group, property developer and owner of 1221 Avenue of the Americas in Rockefeller Center, Del Frisco’s Double Eagle Steakhouse has renewed its lease for an additional 20 years.
Evercore expands by 95,000 s/f at Fisher Brothers’ Park Ave. Plaza
February 13, 2024
Manhattan, NY Fisher Brothers said that Evercore has expanded its presence by 95,000 s/f across floors 39 through 41 at Park Ave. Plaza. Growing its existing footprint by nearly 25%, Evercore will now occupy over half a million s/f. The midtown tower remains
Wren Kitchens and Penn Fabricators form partnership
February 13, 2024
Medford, NY Wren Kitchens and Penn Fabricators have formed a collaboration, a transformative endeavor aimed at revolutionizing commercial kitchen and bath solutions across New York City and Long Island.
Can communications help spur market revival? - by Harry Zlokower
February 13, 2024
During a recent walk on the Brooklyn Promenade — its memorable skyline of downtown and Midtown Manhattan in full view — I wondered how things will turn out in New York’s latest and arguably most severe commercial real estate crisis in history.
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