Category: Brokerage

Rochester, NY Kevin Coscia, managing director at The Largo Group of Companies, arranged the sale of a for rent townhome property for $9.75 million. The property consists of 53 two-bedroom, two-bathroom units and is currently 100% occupied. Largo also facilitated the assumption of the existing

New York, NY Cronheim Mortgage has secured $9.1 million in permanent financing for two mixed-use buildings in NYC. Andrew Stewart, Dev Morris, and Allison Villamagna placed the financings with Farm Bureau Life Insurance Company, whom Cronheim represented as correspondent and servicer.

White Plains, NY The Hudson Gateway Association of Realtors (HGAR) inaugurated Tony D’Anzica, owner of Dynamax Realty NYC Inc. in Manhattan, as its 2023 president. HGAR also appointed its 2023 executive officers and directors at its Installation Gala, held at Marina Del Rey. The Tito Puente Jr. Band provided entertainment for the event.

Manhattan, NY The Olayan Group has partnered with Gracious Hospitality Management’s (GHM) founder and visionary restaurateur Simon Kim, who created Michelin-starred COTE Korean Steakhouse, to bring a new, multi-faceted dining concept to 15,000 s/f of space across three levels at the base of Olayan’s 550 Madison Ave.

Manhattan, NY L&L Holding Company has finalized an agreement with Polsinelli PC to expand and extend its NYC headquarters lease at 600 Third Ave., L&L’s 42-story office tower in the Midtown East District. Polsinelli signed a 10-year lease extension that will keep it at 600 Third Ave. through at least 2036, while also expanding by 13,129 s/f across the entire 33rd floor.

New York, NY Ariel Property Advisors (Ariel) has been honored with multiple internal recognition awards to its top producers, leaders and rising stars for their achievements throughout 2022. In addition, Ariel announced several internal promotions as the company continues to elevate and grow its leading team of professionals.

New York, NY After two successful years, Open Access, an independent 501(c)3 aimed at increasing diversity, equity & inclusion in community development finance, an industry that serves many Black and Latinx communities but remains grossly underrepresented by diverse professionals, is expanding its reach in terms of career focus, geography, and sponsorships as it launches its third annual program.

Manhattan, NY JLL has arranged a 40,240 s/f lease of premier office space at 1166 Ave. of the Americas,for Axis Insurance. The 44-story skyscraper occupies the entire block front of Ave. of the Americas between 45th and 46th St. in Midtown. Axis Insurance will relocate from 1211 Ave. of the Americas in Q4 2023, to occupy the entire 17th floor of the property.

Manhattan, NY Cresa Global Inc. (Cresa) managing principal Peter Sabesan and principal Gregg Cohen have arranged a 15-year lease for the new 18,476 s/f New York City headquarters of 777 Partners at One Madison Ave., a premier office tower being developed by SL Green Realty Corp.

Manhattan, NY The Feil Organization has signed four leases totaling 19,024 s/f with a variety of tenants at 261 Fifth Ave., an unparalleled office building in the NoMad submarket. Biologique Recherche USA (B.R. USA) renewed its lease and expanded its footprint by 70%, while several new tenants, including Grasshopper Bancorp, Inc., Fleurish NYC and Bold PR LLC, were welcomed to the building.

Manhattan, NY GFP Real Estate, LLC arranges three new lease transactions totaling 10,857 s/f at 505 Eighth Ave. “We’ve seen a lot of leasing activity in the Garment District, including long-term renewals of tenants extending their leases as companies begin looking past COVID, workers return to the office and retail traffic continues to pick up,” said Allen Gurevich, senior managing director of GFP Real Estate.

New York, NY ATCO Properties & Management has arranged a lease for data-driven artificial intelligence (AI) copywriting platform. Anyword has signed a 4,924 s/f lease at 240 West 35th St., an 18-story, 165,000 s/f class A office building in the Garment District.