News: Brokerage

O’Brien of M.C. O’Brien represents American Cancer Society, Inc. in two leases: 6,821 s/f total

Brooklyn, NY According to M.C. O’Brien, Inc. the firm has completed the signing of two leases on behalf of a long time client, The American Cancer Society, Inc. (ACS).  ACS will move into 3,500 s/f at 505 5th Ave., in the Park Slope neighborhood. 

William O’Brien, M.C. O’Brien, Inc. William O’Brien, M.C. O’Brien, Inc.

William O’Brien, SIOR, president of M.C. O’Brien, who represented the tenant with ownership J. J. Operating Inc.

Occupancy is slated for 4th quarter of 2016.

“ACS hadsearched for an appropriate and affordable space for several months and this site met all the criteria including the landlord fitting the space out to the tenant’s specifications,” according to O’Brien.

In the second lease, ACS committed to 3,321 s/f of newly developed space in the Skyview Wellness Medical Condos located in the mixed use development off of College Point Blvd. in the Flushing section of Queens. O’Brien, SIOR represented the tenant.

Skyview Wellness has approximately 50,000 sq. ft. of Class A offices located in this newly constructed complex which totals over 750,000 s/f. The center  has 2,600 car parking, a retail component with an outstanding mix of  national and regional retailers and three hi-rise residential towers with 450 high end condominiums with unique amenities. Onex Real Estate Partners will deliver the tenant a new building installation in this unique urban mall, office complex and residential condominium development.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,