Category: Brokerage
Why should you sell your cash cow?
July 25, 2023
Valley Stream, NY Remember when we were kids and our teacher asked, what we wanted to be when we grew up; at the top of our wish list was astronaut, doctor, and Mickey Mantle. Surprisingly 82,171 of us in New York became real estate salesman. It is not
Silverstein and Greenwood Gaming/Parx Casino to submit proposal for Avenir
July 25, 2023
Manhattan, NY Silverstein Properties plans to develop the Avenir, a hotel, casino, entertainment, and residential complex on the West Side. The 1.8 million s/f project will be located on 92,000 s/f of undeveloped land at 41st St. and 11th Ave.,
Catching up after the pandemic - by C. Jaye Berger
July 25, 2023
The pandemic has caused a lot of co-ops and condominiums to not embark on repair and maintenance projects unless absolutely necessary. As buildings consider what they need to do, the first thing is to prioritize what needs to be done and where the money is going to come from to pay for it.
Riguardi of JLL honored at Dominion City Church of New York annual golf outing
July 25, 2023
Staten Island, NY Dominion City Church of New York honored Peter Riguardi, chairman and president of JLL’s New York Tri-state region, at the Dominion City Church Golf Outing. The event, held at Richmond County Country Club,
Hudson Valley iCampus signs new 57,197 s/f lease with Strides Pharma
July 25, 2023
Pearl River, NY Hudson Valley iCampus, one of New York’s premier research and innovation hubs in the Hudson Valley, signed a new lease with Strides Pharma, Inc., consisting of 57,197 s/f for chemical storage. The lease includes the entirety
Welkis and Sternschuss of Welco Realty represent SFR Realty in 24,000 s/f lease to HomeGoods
July 25, 2023
New Hyde Park, NY Welco Realty negotiated a lease on behalf of ownership with HomeGoods, a division of TJX Companies to occupy 24,000 s/f, formerly occupied by Walgreens. Jerry Welkis and David Sternschuss of Welco Realty represented the landlord,
Industry CEOs honored at Leonard Litwin New York City Real Estate Tree of Life Gala
July 25, 2023
Manhattan, NY On June 12 several hundred New York real estate leaders attended Jewish National Fund-USA’s annual Leonard Litwin New York City Real Estate Tree of Life Gala at the Rainbow Room to honor two industry icons for their invaluable
Fried Frank advises Olayan Group in 144,000 s/f office lease
July 25, 2023
Manhattan, NY Fried Frank advised the Olayan Group on its 144,000 s/f leasing agreement with Clayton Dubilier & Rice to move the private investment advisory firm’s headquarters to Olayan’s 550 Madison Ave.
GFP Real Estate and Lee & Assocs. lease 2,457 s/f at 505 Eighth Ave.
July 25, 2023
Manhattan, NY Allen Gurevich, senior managing director of GFP Real Estate represented the landlord, GFP Real Estate in Counseling In Schools lease extension at 505 Eighth Ave. in Midtown, signing a seven-year lease for its existing 2,457 s/f
Volastra Therapeutics extends its lease at Manhattanville Factory District and Mink Building
July 25, 2023
Manhattan, NY The Janus Property Company said that Manhattanville Factory District and Mink Building tenant, Volastra Therapeutics, has renewed its lease. Volastra is a clinical stage cancer biotechnology company focused on exploiting chromosomal
Matheos Realty sells six residential units in Flatbush for $775,000
July 25, 2023
Brooklyn, NY Matheos Realty Group closed on the $775,000 sale of 1827 Nostrand Ave. in the neighborhood of Flatbush. Matheos Realty Group founder & CEO, Peter Matheos and director, Isaiah Thomas represented the buyer and seller in
Online real estate auctions - by Thomas Kearns
July 25, 2023
After years of reading about online auctions I finally had a client win one last week. The experience was a bit unnerving as, by design, the bidder and the bidder’s counsel have very limited insight or input into the auction process. A non-negotiable purchase and sale
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