Jacobs and DeLuca of Signature Group rep tenant in 4,284 s/f lease; Carcaterra of Newmark Knight Frank reps landlord
Signature Group has completed a lease for 4,284 s/f of office space at 707 Westchester Ave., which will serve as the expanded New York-area office of The Whiting-Turner Contracting Company, a national firm. Signature Group brokers Mark Jacobs and Nick DeLuca represented Whiting-Turner. Brian Carcaterra of Newmark Knight Frank represented the landlord, Normandy Real Estate Partners.
The lease is the third Westchester County transaction in 2010 since the Darien, Conn.-based company increased its activities here. Earlier this year Signature Group completed leases for Handwerger & Sons at 2975 Westchester Ave. and NHPA at 711 Westchester Ave. In addition, Jacobs and DeLuca are negotiating leases for several other clients in Westchester County.
"Fairfield and Westchester Counties offer similar location and lifestyle amenities to national and regional tenants looking for space in the New York metro area," said Mark Jacobs. "To provide the best service to the tenants and the landlords we represent - both local and from outside the region -- our firm is focusing on the opportunities that both counties provide."
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account