Category: Brokerage
Mandell of GFP Real Estate leases 12,500 s/f at 318 West 39th St. to AMSALE
June 27, 2023
Manhattan, NY GFP Real Estate, LLC said that luxury fashion house AMSALE has signed a 10-year lease extension for its existing 12,500 s/f of space — the entire 12th floor — at 318 West 39th St. in the Garment District.
Houlihan Lawrence sells seven-acre
working horse farm for $5.6 million
June 27, 2023
Purchase, NY The commercial division of Houlihan Lawrence brokered the sale of a seven-acre working horse farm at 120 Cottage Ave. for $5.6 million. Teresa Marziano, who specializes in investment advisory and owner representation, represented the purchaser.
Rudin leases 46,105 s/f to West Publishing at 3 Times Sq.
June 27, 2023
Manhattan, NY Rudin has finalized a five-year lease extension with West Publishing Corp. at 3 Times Sq., a 30-story tower in the final stages of redevelopment. A unit of Thomson Reuters, West Publishing Corp. produces an array of products geared to the legal,
Patis to open two eateries in ground-floor retail at AmTrust RE’s 203 Jay St.
June 27, 2023
Brooklyn, NY AmTrust RE completed a 5,110 s/f lease transaction at 203 Jay St., a 72,000 s/f mixed-use property. The tenant, Patis Bakery, will unveil two dining concepts in the fall of 2023: a full-service sit-down restaurant and a cafe/upscale bakery.
The Davis Companies named JV equity investment partner for 55 Willoughby St. development
June 27, 2023
Brooklyn, NY The Davis Companies (Davis) has become a JV equity investment partner in a mixed-use luxury development located at 55 Willoughby St. The borrower, a joint venture of Lonicera Partners and Rabina, is represented by JLL who has also secured a floating rate loan
The Feil Organization names Korzec as associate director of commercial leasing
June 27, 2023
Manhattan, NY The Feil Organization said that Henry Korzec will join the firm as associate director of commercial leasing. He will amplify leasing efforts for the firm’s New York City office portfolio, which includes 17 properties and spans over five million
Kintzer of Royal Properties sells 2,200 s/f Starbucks property; Mor NY Realty represents buyer
June 27, 2023
Elmsford, NY Royal Properties, Inc. brokered the sale of a net leased Starbucks property located at 280 East Main St. (Rte. 119). The property sold at a 3.6% cap rate, which according to CoStar, is a record low for Westchester County NNN sales
Rosenberg & Estis promotes five attorneys
June 27, 2023
Manhattan, NY Rosenberg & Estis, P.C. (R&E) has promoted five attorneys. Alex Estis and Devin Kosar were promoted to members, while Casey Delaney, Moshe Nachum and Zachary Rockoff were promoted to of counsel.
Newmark signs 8,000 s/f retail lease for Schutz
June 27, 2023
Manhattan, NY Newmark has arranged a new 8,000 s/f flagship retail outpost on behalf of ownership Broadway Continental Group at their 540 Bdwy. property in SoHo. The tenant, footwear retailer Schutz signed a long-term lease for 4,500 s/f on the ground floor and 3,500 s/f on the lower
Olive Tree Holdings earns 2023 Great Place to Work certification
June 27, 2023
Manhattan, NY Olive Tree Holdings, a mission driven private investment company with a focus on real estate, is proud to receive recognition as a Great Place To Work honoree. The prestigious award is based entirely on what current employees say about their experience working
OPEN Impact negotiates Webster Apartments purchase
June 27, 2023
Brooklyn, NY OPEN Impact Real Estate LLC (OPEN) represented The Webster Apartments in its purchase of 229 Duffield St. The Webster Apartments will continue its 100-year-old legacy by transforming the hotel into safe, co-living housing for women working, interning
Getting ready for the heat: Before your HVAC acts up - by Chris Plummer
June 27, 2023
There is a famous saying within the HVAC industry: Components don’t die, something kills them. Component failure can lead to costly repairs, and when it happens, service technicians turn into de-facto detectives looking for the killer. Most of the time though, failures come from one thing: lack
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