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Rebholz and Holmquist of SWBR design $12.4 million, 39,000 s/f McQuaid Jesuit STEM Center project
January 23, 2018
Rochester, NY SWBR developed a design for the new Science, Technology, Engineering and Mathematics (STEM) center at McQuaid Jesuit, the city’s college prep school for young men.
General contractors Walsh Construction and Consigli Construction Company work on $500 million expans...
January 23, 2018
Poughkeepsie, NY Forty Northeast Regional Council of Carpenters (NRCC) carpenters and pile drivers are now working on the construction of the new in-patient pavilion at Vassar Brothers Medical Center.
Consolo and Maglio of Douglas Elliman handle $10 million sale of 12,000 s/f retail condo to Super Fi...
January 23, 2018
Manhattan, NY The Worldwide Leasing Team of Faith Hope Consolo and Arthur Maglio at Douglas Elliman arranged the sale of a 12,000 s/f commercial condo in HAP Investment Developers new development at 2211 Third Ave., on the southeast corner of 121st St.
Diaz and Abramson of Buchbinder & Warren broker 1,750 s/f lease
January 23, 2018
Manhattan, NY Buchbinder and Warren Realty Group LLC arranged a 1,750 s/f lease to Art2o Lifestyle Café at 180 Ninth Ave. (formerly FIKA.)
GFP Real Estate tenant Cote receives Michelin Star at 16 West 22nd Street
January 23, 2018
Manhattan, NY According to GFP Real Estate, the property manager of 16 West 22nd St., along with building owner, the Yagoda family, their tenant Cote, New York City’s first Korean Steakhouse from restaurateur Simon Kim, was awarded a 2018 Michelin Star. The restaurant occupies 3,897 s/f on the ground floor at 16 West 22nd St., a 12-story, 156,000 s/f building located in the Flatiron District.
Schwarz of Lee & Associates NYC leases 952 s/f to Pokebab; Choi of PD Properties represent the tenan...
January 23, 2018
Manhattan, NY Brad Schwarz, principal and executive managing director, Lee & Associates NYC has arranged a lease at 2047 Broadway for Pokebab, a fast casual restaurant specializing in poké bowls, burritos and salads. It will be the Williamsburg-based brand’s second unit.
Rosenzweig and Scholder of CBRE broker 8,000 s/f lease to Chase; Sabin and Polese of Thor Equities r...
January 23, 2018
Brooklyn, NY Thor Equities has leased 8,000 s/f at 180 Bedford Ave. in Williamsburg to Chase Bank, according to company executives. Dean Rosenzweig and Jeremy Scholder of CBRE represented Chase Bank. Sam Sabin and Sam Polese of Thor Equities represented the landlord. The lease term is 10 years.
Famularo team at Eastern Consolidated complete 2,500 s/f lease for kosher Midtown East restaurant
January 23, 2018
Manhattan, NY In less than two weeks, the Famularo team at Eastern Consolidated arranged a 15-year, 2,500 s/f retail lease for a new kosher restaurant at 211 East 46th St. off of Third Ave. in Midtown East.
2017 holiday insights = bright retail future 2018 - by Faith Hope Consolo
January 23, 2018
We saw a happy holiday for retailers! According to the latest Mastercard SpendingPulse report which details holiday sales from Nov. 1 through December 24 across all payment types, “sales increased a record 4.9% this year reflecting the largest year-over-year increase since 2011 and an indication of solid consumer confidence.
Cinosky of ATCO leases 5,181 s/f to Café Metro; Morden and Kooyman of NGKF Retail rep tenant
January 23, 2018
Manhattan, NY ATCO Properties & Management has signed a 12-year, 5,181 s/f lease with fast-causal restaurant chain Café Metro at 240-246 West 35th St., an 18-story building in the Garment District.
Preuss and Donovan of Cushman & Wakefield arrange $2.95 million sale of retail building
January 23, 2018
Queens, NY Cushman & Wakefield has arranged the sale of 30-70 Steinway St., a retail building in Astoria. The final closing price was $2.95 million.
NYS Self Storage Association holds 11th annual “Investment Forum” at Union League Club - by Nick...
January 23, 2018
The NYS Self Storage Association, in partnership with the National Self Storage Association, held its 11th annual “Investment Forum” this month at the Union League Club venue in New York City. This is a national self storage conference intended for the real estate and capital markets professionals in our industry who represent companies from across the nation.
Tax reform looks favorably on real estate investors by leaving 1031 exchanges intact - by Michael P...
January 23, 2018
The tax reform looked favorably on real estate investors by leaving section 1031 intact. For many years, utilizing Internal Revenue Code Section 1031 to exchange one property for a replacement property, in turn deferring the capital gains has been a cornerstone of real estate investing.