Category: Brokerage

GreyHill Group acquires 401,000 s/f industrial building for $7.35 million at 2632 South Work St.

GreyHill Group acquires 401,000 s/f industrial building for $7.35 million at 2632 South Work St.

January 17, 2023
Falconer, NY GreyHill Group has acquired a 401,000 s/f industrial building at 2632 South Work St. for $7.35 million. Falconer is located in Chautauqua County in Western New York on the eastern edge of the city of Jamestown.
Newmark arranges $535.8 million acquisition and redevelopment financing of 25 Water St.

Newmark arranges $535.8 million acquisition and redevelopment financing of 25 Water St.

January 17, 2023
Manhattan, NY Newmark has arranged a $535.8 million loan on behalf of GFP Real Estate (GFP), Metro Loft Management and Rockwood Capital for the acquisition and redevelopment of 25 Water St.
Lendlease closes $360 million construction loan for 1 Java St. - the 36-story, 834-apartment multifamily development is in the Greenpoint waterfront

Lendlease closes $360 million construction loan for 1 Java St. - the 36-story, 834-apartment multifa...

January 17, 2023
Brooklyn, NY Lendlease and joint venture partner Aware Super closed a $360 million construction loan for the development of 1 Java St. The 36-story, 834-apartment multifamily development will rise along the Greenpoint waterfront.
JLL Capital Markets sells 298 Mulberry St. for $115 million to Empire State Realty Trust

JLL Capital Markets sells 298 Mulberry St. for $115 million to Empire State Realty Trust

January 17, 2023
Manhattan, NY JLL Capital Markets negotiated the $114.9 million sale of 298 Mulberry St., a 96-unit, market-rate, mixed-use rental apartment property on the corner of East Houston and Mulberry Sts. in the Noho neighborhood.
Fry of Elegran Real Estate closes two unit sales at 111 West 57th St. for $34 million to Chinese buyer

Fry of Elegran Real Estate closes two unit sales at 111 West 57th St. for $34 million to Chinese buy...

January 17, 2023
New York, NY Chris Fry, a licensed associate real estate broker with Elegran Real Estate, has closed on two residences at 111 West 57th St. totaling $34 million. The residences were both sponsor units and purchased by the same individual.
Featured Columnist: NYC CRE 2023 ramp up - by Jakub Nowak

Featured Columnist: NYC CRE 2023 ramp up - by Jakub Nowak

January 17, 2023
As the curtain closes on another year, it’s time to take a look at what the crystal ball holds for New York City’s commercial real estate market in 2023.
Robert Martin Company completes 586,000 s/f new leases/renewals

Robert Martin Company completes 586,000 s/f new leases/renewals

January 17, 2023
Elmsford, NY Robert Martin Company (RMC) negotiated 586,000 s/f of new leases, renewals, and expansions at its properties in Westchester for 2022.
Philipps of Katz & Associates leases 7,400 s/f

Philipps of Katz & Associates leases 7,400 s/f

January 17, 2023
Manhattan, NY Katz & Associates’ Sean Philipps represented Housing Works Cannabis Co. in a lease at 750 Broadway (at 8th St.) for a recreational cannabis retail store.
Stanley of Bobrow & Company leases 7,150 s/f to NY Foundation for Arts

Stanley of Bobrow & Company leases 7,150 s/f to NY Foundation for Arts

January 17, 2023
Brooklyn, NY The New York Foundation for the Arts signed a 10-year deal to relocate from 20 Jay St. to 7,150 s/f offices across the entire ninth floor of 29 West 38th St.
IREON’s winter mix-and-mingle

IREON’s winter mix-and-mingle

January 17, 2023
Long Island City, NY IREON members, along with their colleagues and friends, gathered together for a pre-holiday celebration of the winter season!
Resolution Real Estate leases at 45 West 34th St.

Resolution Real Estate leases at 45 West 34th St.

January 17, 2023
Manhattan, NY Dana Moskowitz, partner, and Jeffrey Zund, executive director/head of leasing of Resolution Real Estate Partners LLC arranged three new leases comprising 12,470 s/f and a 2,000 s/f office expansion at 45 West 34th St.
Sozio, Mahfar, Gold, and Shkury of Ariel sell six buildings for $33.6 million

Sozio, Mahfar, Gold, and Shkury of Ariel sell six buildings for $33.6 million

January 17, 2023
Bronx, NY In partnership with Peter Hungerford of PH Realty Capital and Shlomo Tajerstein, David Kaye and Joe Listhaus of Rockledge purchased six elevator buildings in the Concourse Village area.