Category: Brokerage
Hamilton of Helmsley Spear represents Flatbush Adult Daycare in 8,000 s/f lease
September 26, 2023
Brooklyn, NY According to Kent Swig, president, Helmsley Spear, LLC, has represented Flatbush Adult Daycare, in a new location for the service provider. The new space is located at 885 Flatbush Ave. and covers 8,000 s/f on the second floor.
Simone Development Companies and RIPCO lease 2,957 s/f to Chipotle at Hutchinson Metro Center Atrium...
September 26, 2023
Bronx, NY According to Simone Development Companies, Chipotle Mexican Grill has signed a long-term, 2,957 s/f lease at the firm’s Metro Center Atrium, located at 1776 Eastchester Rd. within the Hutchinson Metro Center complex.
Fried Frank represents Vornado in 266,000 s/f development at Pier 94
September 26, 2023
Manhattan, NY Fried Frank represented Vornado Realty Trust in connection with the authorizations and other entitlements needed to develop a 266,000 s/f, film, television and media production studio and public open space overlooking the Hudson River on Pier 94. Fried Frank further represented Vornado
Seven tenants sign at The Durst Organization and The Port Authority of New York and New Jersey’s O...
September 26, 2023
Manhattan, NY The Durst Organization and The Port Authority of New York and New Jersey said that seven tenants have signed leases totaling nearly 50,000 s/f at One World Trade Center. The transactions consisted of three new leases and four renewals.
Non-imputation title insurance - by Thomas Kearns and Hyman Kindler
September 26, 2023
Real estate investors often purchase ownership interests in existing entities that own commercial real estate rather than acquiring the property by deed. Reasons for this include more favorable transfer or income tax consequences. Sometimes, if the price is large enough, the purchaser would like to have title insurance coverage
The Real Estate Institute at Stony Brook University College of Business to hold fall luncheon on Oct...
September 26, 2023
Farmingdale, NY The Real Estate Institute (REI) at Stony Brook University (SBU) College of Business will hold a joint panel event on October 20th. The fall luncheon, titled “Reimagining the Modern Office Space,” promises an exploration of the evolving landscape of work environments.
Winick Realty Group brokers Chip City Cookies' 664 s/f lease at TF Cornerstone's 278 7th Ave. proper...
September 26, 2023
Manhattan, NY According to TF Cornerstone (TFC), a new lease has been signed with Chip City Cookies at the ground floor of their 278 7th Ave. property, Chelsea Centro. The brand known for its rotating cookie offering will be opening its doors at this location in Q1 of 2024, marking
Roy of Great Performances to oversee new Little Birch kiosk at 550 Madison’s public garden
September 26, 2023
Manhattan, NY The Olayan Group said that Little Birch, a new food and drink kiosk serving seasonal lunchtime fare in 550 Madison’s public garden has opened. Little Birch will be overseen by chef Solanki Roy of Great Performances, who is executive chef for The Arch amenity space
Cohen of Refined CRE closes a $4 million deal
September 26, 2023
Brookyln, NY According to Refined CRE, senior capital advisor, Peter Cohen, has secured construction financing of $4 million for a property. Demonstrating both efficiency and expertise, the entire transaction
Simone named Centennial Chair of the 2024 Heart of New York City campaign
September 26, 2023
Joe Simone, president of Simone Development Companies, has been named Centennial Chair of the American Heart Association’s Heart of New York City, a year-round effort aimed at investing in and saving and improving lives in the five boroughs
Jafri Group, LLC expands private equity platform
September 26, 2023
Manhattan, NY Jafri Capital announced a strategic relationship with Prime Manhattan Development, together tackling development projects. PMD is led by Grant Shapolsky who comes from a family with 115 years of experience and has successfully developed
The domino effect of rent stabilization in New York - by Sam Eshaghoff
September 26, 2023
Even though the slumps in retail and office values have been well-documented this decade, the most significant downfall in New York real estate is in rent stabilized multifamily. Maybe that’s because rent stabilized apartment owners have been reluctant to admit defeat, as their
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