Category: Brokerage

Metropolitan Realty Associates completes 128,600 s/f lease extension with Duro Dyne National

Metropolitan Realty Associates completes 128,600 s/f lease extension with Duro Dyne National

May 16, 2023
Bay Shore, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA), said that Duro Dyne National Corp. extended its lease at 81 Spence St., leasing the entire facility for an additional 12-year term. The lease pushes Duro Dyne’s occupancy at the 128,600 s/f single-tenant
Le Botaniste to open at 11 West 42nd St.

Le Botaniste to open at 11 West 42nd St.

May 16, 2023
Manhattan, NY Tishman Speyer said that Le Botaniste, an international restaurant serving plant-based cuisine, will open this spring at 11 West 42nd S. located at Bryant Park. Le Botaniste serves organic, vegan, plant-powered meals. The new location will offer
Klein named director of Houlihan Lawrence’s commercial division

Klein named director of Houlihan Lawrence’s commercial division

May 16, 2023
Rye Brook, NY Houlihan Lawrence has appointed Garry Klein as director of the company’s commercial division. Klein previously served as regional manager and associate broker responsible for recruiting, training and managing the Westchester division of the company. He represented owners,
JLL Capital Markets brokers sale of three-building package for $20 million

JLL Capital Markets brokers sale of three-building package for $20 million

May 16, 2023
Manhattan, NY JLL Capital Markets brokered the $20 million sale of a three-building, mixed-use, multi-housing and retail portfolio at the 42nd St. corridor. 321-325 West 42nd St. is a collection of three contiguous properties with a combined 75 ft.
JLL leases 35,918 s/f at Tower 45

JLL leases 35,918 s/f at Tower 45

May 16, 2023
Manhattan, NY JLL has leased 35,918 s/f of office space in a series of transactions at Tower 45, the 458,446 s/f class-A tower located at 120 West 45th St., on behalf of owner Kamber Management Co.
CBRE and Savills lease 6,514 s/f to Peachy at 1245 Broadway

CBRE and Savills lease 6,514 s/f to Peachy at 1245 Broadway

May 16, 2023
Manhattan, NY Corem of Sweden, and GDS Development Management (GDSNY) signed a five-year lease at 1245 Broadway with Peachy, the NYC-based personalized Botox studio focused on wrinkle treatment and prevention, founded by Dr. Carolyn Treasure and Eric Zhang. Peachy
JLL Capital Markets closes sale on 460-unit multi-housing development

JLL Capital Markets closes sale on 460-unit multi-housing development

May 16, 2023
Grand Island, NY JLL Capital Markets has closed the sale of Town Hall Terrace, a 460-unit multi-housing community. JLL marketed the property on behalf of a private owner who was the original owner and developer of the property and procured the buyer.
May 2023 NYSCAR president's message - by Robert Strell

May 2023 NYSCAR president's message - by Robert Strell

May 16, 2023
As I write my first update letter as the newly elected president of the NYS Commercial Association of REALTORS, it is bittersweet because of the untimely passing of our late president, friend and colleague, Dana Crocker of Syracuse.
GFI Realty Services sells 499 5th Ave. for $1.95 million

GFI Realty Services sells 499 5th Ave. for $1.95 million

May 16, 2023
Brooklyn, NY GFI Realty Services, LLC brokered the $1.95 million sale of 499 5th Ave., a single-story net lease asset, located in the Park Slope neighborhood. GFI Realty associate director Kobi Zamir represented the buyer, a local investor. Moshe Goldberger,
IPA sells The Shoppes at  Jefferson Valley Mall - 153,151 s/f

IPA sells The Shoppes at Jefferson Valley Mall - 153,151 s/f

May 16, 2023
Yorktown Heights, NY Institutional Property Advisors (IPA), a division of Marcus & Millichap, has sold The Shoppes at Jefferson Valley Mall, a 153,151s/f building. “Located in a Northern Westchester County trade area with a population of 85,000 and $123,000 median annual
RIPCO leases 1,092 s/f to Mure+Grand at KPG’s 155 Spring St.

RIPCO leases 1,092 s/f to Mure+Grand at KPG’s 155 Spring St.

May 16, 2023
Manhattan, NY Mure+Grand, a NY-based boutique that offers a unique selection of jewelry, accessories, clothing, gifts and more has expanded and plans to open it’s sixth store at 155 Spring St. in SOHO.
Mandell of GFP Real Estate leases 4,100 s/f to Extron Electronics

Mandell of GFP Real Estate leases 4,100 s/f to Extron Electronics

May 16, 2023
Manhattan, NY GFP Real Estate, LLC has signed RGB Systems Inc. (d.b.a.) Extron Electronics, to a five-year lease extension for its existing 4,100 s/f on the 8th floor of 247 West 37th St. in the Garment District.