Manhattan, NY Bideawee, one of the country’s oldest and most respected animal welfare and pet adoption organizations, has purchased a building to serve as its NYC headquarters for $7.68 million.
New York, NY Daniel DePasquale, director, Katz & Associates, has closed five lease deals. He has two signed leases in Brooklyn, two in Jackson Heights, and one in Harlem. On behalf of Greystone Development, DePasquale’s signed leases:
Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 94 Herbert St. in Williamsburg, for $1.65 million. This property is a three-family renovated and converted to a two-family with an owner’s duplex
From all different angles, real estate can look different for everyone involved. Buyers see the tangible, brokers focus on facilitating the transaction to the satisfaction of the buyers and sellers, and the attorneys cross the proverbial t’s and dot the i’s to ensure that all interests are protected.
New York, NY The New York City office for Avison Young completed the sale of 100 Second Ave., an eight-unit mixed-use asset located on 1st Ave. between East 5th St. and East 6th St. in the East Village
New York, NY Industrious has partnered with Resolution Real Estate Partners LLC to operate three floors of coworking space in the real estate company’s building at 251 West 30th St. Industrious will take over 23,000 s/f of space
New York, NY Helmsley Spear, LLC has represented the ownership of 48 Wall St. in a new long-term lease with Quest Workspaces for the entire 10th, 11th and 12th floors for a total of 43,542 s/f.
New York, NY RFR has completed six new leases at 17 State St., a 42-story, 571,000 s/f trophy office tower in Lower Manhattan. Ranging from financial services to healthcare technology and accounting firms, the six firms will account for a total of 28,111 s/f
New York, NY According to Clarion Partners, LLC and The Kaufman Organization, RTP Global has signed a 5,045 s/f lease on the 17th floor at 100-104 Fifth Ave. Grant Greenspan and Michael Kaufman, partners of Kaufman, represented the landlord, Clarion Partners
While much of life continues to be a forced “new normal,” some things never change. The annual New York City requirement of reporting your prior year income and expenses contains a new poison pill; full rent roll data (including both commercial and residential units) must now be provided online by June 1st, 2021.
One year after COVID-19 hit the world, it’s obvious that the virus has affected the real estate sector more than we wish to admit. The buzz about vaccination has created some hope that things will return to normal quickly—but don’t place your bets on a roaring 20s rebound.
It’s often said that COVID didn’t change the industry as much as it accelerated longer-term changes that were already underway. There is a lot of truth to this. In the past year, we’ve seen new industries growing