News: Shopping Centers

Lie and Zeckendorf of Zeckendorf Development complete anchor leasing

William Lie and Arthur Zeckendorf of Zeckendorf Development LLC have completed the anchor retail leasing program at Fifteen Central Park West. Over 83,000 s/f of space has been leased to retailers including Best Buy, JPMorgan Chase Bank and West Elm. JPMorgan Chase Bank took two levels totaling 11,000 s/f on the northwest corner of 61st St. and Broadway. Construction is expected to commence this summer with the branch opening planned for the 4th quarter of the year. West Elm will occupy 25,000 s/f on Broadway between 61st and 62nd Sts. The tenant will take possession of the space this summer with an opening planned for next spring.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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