Category: Brokerage
ATCO Properties & Management leases 1,787 s/f to Ongi Korean grill at 630 Third Ave.
January 31, 2023
Manhattan, NY ATCO Properties & Management finalized a 10.5-year, 1,787 s/f lease for Ongi Korean grill, a new concept by Red Poke, at 630 Third Ave., a 252,000 s/f office tower located near Grand Central Terminal. Ongi will be in the retail space previously occupied by P.F. Chang
Patiently waiting - by Shallini Mehra
January 31, 2023
The combination of the rent laws, inflation and interest rates have put many investors in a stalemate and forced others to make some tough decisions about selling their New York City assets. For some, it’s landlord fatigue with the regulations, rising operating costs and a decreasing bottom line.
JLL arranges 18,000 s/f lease for Incline Equity at 101 Park Ave.
January 31, 2023
Manhattan, NY JLL has arranged an 18,000 s/f lease for growing private equity firm Incline Equity Partners at 101 Park Ave., the 49-story office tower located at the corner of 40th St. and Park Ave. in Midtown. Incline Equity Partners will nearly double its footprint
MediaCo. leases at Savanna’s 48 West 25th St.
January 31, 2023
Manhattan, NY According to Savanna, a real estate investment manager, owner/operator and developer, there is a new 25,000 s/f long-term lease at 48 West 25th St. with MediaCo Holding, Inc. (MediaCo), owner of New York radio stations HOT 97 and WBLS.
Colliers secures 40,000 s/f lease for inclusive play center—CompletePlayground at 30 Broad St.
January 31, 2023
Manhattan, NY Colliers has arranged a 40,000 s/f lease for CompletePlayground, a nonprofit family activity center that offers programming for all children, including kids with special needs, at 30 Broad St.
Ashkenazy Acquisitions Corp. refinances retail condo of $20.6 million
January 31, 2023
Manhattan, NY Ashkenazy Acquisition Corp. (AAC), arranged a year-end refinancing of $20.6 million for The Chatham retail condo. The 25,673 s/f located on Third Ave., received a 10-year, fixed-rate loan
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2023 NY Self Storage Association Investment Forum recap
January 31, 2023
Manhattan, NY The NY Self Storage Association (NYSSA) held its annual “Investment Forum” event in New York City, attracting the top self-storage companies’ real estate representatives who virtually all agreed that the industry would see a continuation of moderately rising
Container Store leases 15,676 s/f at FRT’s Huntington Shopping Center
January 31, 2023
Huntington, NY According to Federal Realty Investment Trust (FRT) The Container Store will join REI and Whole Foods Market at Huntington Shopping Center as part of its $75 million redevelopment. Additionally, Burger Village, Love Sac and Just Salad have signed leases for the center’s new pad site facing Rte. 110.
Hoffman elevated to co-chair of real estate group at Certilman Balin Adler & Hyman
January 31, 2023
East Meadow, NY Jodi Hoffman, partner at Certilman Balin Adler & Hyman, LLP, has been elevated to co-chair of the firm’s real estate practice group. Managing partner Howard Stein is her co-chair.
Walker & Dunlop structures $120 million financing for affordable housing rehab
January 31, 2023
Harlem, NY Walker & Dunlop, Inc. structured $120 million in financing for the rehabilitation of Audubon Houses, Bethune Gardens, and Thurgood Marshall Plaza (ABM), a 557-unit, three-building portfolio. The properties built between 1962 and 1985 are in need of significant upgrades.
Greater Binghamton Chamber of Commerce's "2023 Economic Forecast and Building BC Awards"
January 31, 2023
Binghamton, NY The Greater Binghamton Chamber of Commerce has announced the 2023 Economic Forecast and Building BC Awards, sponsored by M&T Bank, on Tuesday, February 14, 2023
Report: New York City’s housing construction pipeline is getting even weaker as supply crisis inte...
January 31, 2023
A new report by the Real Estate Board of New York (REBNY) revealed that the rate of housing production in New York City is now falling even further behind the targets required to address the City’s worsening housing supply crisis
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