Category: Brokerage

Vestian secures new 19,500 s/f sublease for Raleigh-based online publisher LuLu Press

Vestian secures new 19,500 s/f sublease for Raleigh-based online publisher LuLu Press

February 2, 2021
Raleigh, NC Vestian, a global commercial real estate firm, has negotiated a new long-term sublease for online self-publisher Lulu Press.
Asset Preservation to offer free CE webinars in February for attorneys, CPAs and RE professionals

Asset Preservation to offer free CE webinars in February for attorneys, CPAs and RE professionals

January 29, 2021
New York, NY Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in February. Pamela Michaels, Esq., senior VP of Asset Preservation, Inc. will lead the presentations, which are free, and
Top 2020 legal developments affecting NY’s CRE industry - by Thomas Kearns

Top 2020 legal developments affecting NY’s CRE industry - by Thomas Kearns

January 19, 2021
2020 will be remembered for COVID-19 and more COVID-19. The pandemic closed offices and retailers for a time and reduced office occupancy dramatically for nine months. It is beyond the scope of this column to cover all the litigation
Nassimian & Goldflam of Highcap sell development site for $13 million

Nassimian & Goldflam of Highcap sell development site for $13 million

January 19, 2021
Queens, NY Rodney Nassimian, investment sales associate, and Josh Goldflam, co-founder and principal of Highcap Group, have completed the $13 million sale of a development site located at 46-30 21st St. in the Long Island City area.
Racanelli Construction Co. completes 120,000 s/f project in Queens for Piermont Properties

Racanelli Construction Co. completes 120,000 s/f project in Queens for Piermont Properties

January 19, 2021
Queens, NY Racanelli Construction Company, Inc. completed a mixed-used project on behalf of Piermont Properties, Inc. The 120,000 s/f, eight-story building consists of 131 rental apartments, a 30,000 s/f second floor parking garage, a
TAYLOR, the Builders nears completion of Seneca Street Infill project

TAYLOR, the Builders nears completion of Seneca Street Infill project

January 19, 2021
Buffalo, NY TAYLOR, the Builders, a leading regional commercial general contractor in Upstate, is nearing completion of the construction to create the Seneca Street Infill located at 864 and 872 Seneca St., anchored by the fourth location of
Cushman & Wakefield arranges $116m in acquisition financing; also arranges six transactions–$45.54m total

Cushman & Wakefield arranges $116m in acquisition financing; also arranges six transactions–$45.54...

January 19, 2021
New York, NY Cushman & Wakefield arranged $116 million in acquisition financing for the purchase of the leasehold interest in 860 Washington St., a 117,000 s/f office building located in the Meatpacking District.
Stenson of Brax Realty brokers $9 million sale

Stenson of Brax Realty brokers $9 million sale

January 19, 2021
Manhattan, NY Alan Stenson, senior director of Brax Realty, brokered the sale of a 6,620 s/f package of commercial buildings in NoMAd/Herald Square. The properties, 54-56 West 31st St., located
Stimulating a post-pandemic recovery – Converting offices to residential use in NYC - by Daniel Braff

Stimulating a post-pandemic recovery – Converting offices to residential use in NYC - by Daniel Br...

January 19, 2021
It has been recently reported that both gov. Cuomo and mayor De Blasio are reviewing proposals to convert office buildings to residential use in response to high office vacancy and
2021 – Best opportunity to protest your tax assessment - by Peter Blond

2021 – Best opportunity to protest your tax assessment - by Peter Blond

January 19, 2021
January is always a busy time of year for a tax certiorari practitioner. The two primary causes for the increased workload: Second half tax bills due in early January
Kislak Co. wraps 2020 with $600 million in sales volume

Kislak Co. wraps 2020 with $600 million in sales volume

January 19, 2021
Woodbridge, NJ The Kislak Co., Inc. reported strong investment sales and commercial sales and leasing activity in 2020 closing more than 140
Goldwasser of FIA Capital Partners acts as ownership’s chief  restructuring officer for 174-room Tillary Hotel bankruptcy filing

Goldwasser of FIA Capital Partners acts as ownership’s chief restructuring officer for 174-room T...

January 19, 2021
Brooklyn, NY Faced with foreclosure, The Tillary Hotel filed for bankruptcy last month in yet another example of New York City’s hospitality woes. The 174-room boutique hotel and