New York, NY Optimum Asset Management has opened sales at 222 E. Broadway, a new tower and renovated loft building designed by SLCE Architects, with an exterior facade designed by the architectural design studio S4 Architecture, and interiors by designer Paris Forino. Currently under construction with an anticipated early 2023 occupancy, 222 E. Broadway will bring 70 unique residences and a substantial collection of indoor and outdoor amenities to Manhattan’s Lower East Side.
New York, NY According to GFP Real Estate LLC, Breaking Ground, one of New York’s largest providers of street outreach and supportive housing for the homeless, has signed a one-year lease extension for 13,703 s/f on the 21st floor of 520 Eighth Ave. in the Garment District.
New York, NY Adelaide Polsinelli, vice chairman of Compass said that Larry Ross has joined the local office as vice president of the commercial division. Ross, a seasoned veteran in the industry, is now celebrating his 37th year in the real estate investment sales’ arena.
New York, NY International law firm Weil, Gotshal & Manges LLP said that Pejman Razavilar has rejoined the firm as a partner in its real estate practice. “It’s a pleasure to welcome Pej back to the firm,” said Weil executive partner Barry Wolf.
New York, NY Colliers and L.H. Charney Associates have completed 15 leases totaling 145,000 s/f at 1410 Broadway and 10 Times Sq. (aka 1441 Broadway). Vice chairman Michael Joseph, executive managing director Rick Doolittle, director JP Howard, and director Taylor Bell of Colliers represented property owner L.H. Charney in each of the transactions.
Queens, NY ERG Commercial Real Estate, through an affiliate, has funded a $2.4 million refinance construction loan on a five-story mixed-use building in Corona. The 12,000 s/f newly constructed building features 10 residential units and two commercial retail stores.
New York, NY Tenant representative veteran Michael Goldman has joined Cresa Global as a principal. During his career, Goldman has leased more than 20 million s/f of commercial office space to corporations, foreign banks, investment banks, financial services companies, law firms, technology companies, and media companies.
New York, NY The New Bronx Chamber of Commerce held their 2022 Gala “Celebrating Our Members” at the Marina Del Rey in The Bronx, honoring founding members Joseph Kelleher of Simone Development, John Collazzi, former publisher and founder of the Bronx Times-Reporter who was instrumental in the re-establishment of the Chamber in 2001, and the New York Yankees, represented by Brian Smith, senior vice president, on behalf of founding vice president George Steinbrenner and the Steinbrenner family.
Brooklyn, NY Rubenstein Partners’ 25 Kent, mixed-use office and light manufacturing building, signed a 37,403 s/f, 10-year agreement with Mindspace, a Tel Aviv-based flex space provider, at 25 Kent Ave. in Williamsburg. This is the company’s second location in partnership with Rubenstein Partners, following Mindspace Wanamaker in Philadelphia.
Yonkers, NY Urban Edge Properties signed a lease with Wren Kitchens for a new store at Yonkers Gateway Center. Slated for a 2023 opening, this will be the design showroom’s first Westchester location. The new concept is replacing a closed Pier 1 store. Wren Kitchens is the UK’s top retailer for affordable luxury kitchens and aims to be the same in the U.S.
New York, NY CBRE inked Carlo’s Bakery, a national baked goods shop founded by Cake Boss Buddy Valastro, to a new retail lease at 1500 Broadway. Carlo’s Bakery committed to 2,196 s/f of ground floor retail space that will serve as its newest Manhattan location.
New York, NY According to Fisher Brothers, Brevan Howard has signed a lease agreement at 1345 Avenue of the Americas. Brevan Howard, an alternative leading asset manager and current tenant of 1345 Avenue of the Americas, will increase their presence from a partial floor tenancy to occupy 83,403 s/f on two full floors, the 19th and 20th.