News: Brokerage

Reckson/SL Green acquires 65,000 s/f office and retail condo portion of the White Plains Ritz Carlton

Reckson, a division of SL Green Realty Corp. has acquired, as lead investor in association with Renaissance Office Partners, the commercial office and retail condominium component of the Residences at Ritz Carlton development at 7 Renaissance Sq. Reckson will be responsible for leasing and managing the office and retail condominium consisting of the first seven floors (65,000 s/f) of the 44-story, class A tower. "We are very excited to add such a world class building as 7 Renaissance Sq. to our current roster of suburban office properties," said John Barnes. senior VP and senior director, Reckson/SL Green. "We anticipate great interest from boutique office users requiring a superior Downtown White Plains location. The building's floor plates range from 7,500 - 14,865 s/f, and would suit tenants across a broad range of industry sectors." Reckson has earned a reputation throughout Westchester, Connecticut, Long Island and New Jersey for the delivery of superior property management and leasing services, boasting a suburban commercial portfolio of more than 5.5 million s/f of class A properties, tenanted by some of the most prominent companies and Fortune 500's. Among the amenities on offer at the Ritz office and retail condominium are covered parking for 150 cars, a fitness center, and spectacular conference center.
MORE FROM Brokerage

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,
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
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.