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An architect’s perspective on transforming offices into medical spaces in New York City - by Al Th...
May 12, 2026
As leasing options for healthcare facilities become increasingly limited, landlords have a great opportunity to redevelop and convert underutilized office buildings into prime medical space. At the same time, the growing demand for outpatient and specialized care services is giving property owners the opportunity to update existing buildings and attract more stable, long-term tenants.
JLL Capital Markets arranges sale of The Kensington at Halfmoon
May 12, 2026
Halfmoon, NY JLL Capital Markets arranged the sale of The Kensington at Halfmoon, a 200-unit, garden-style multifamily community. JLL worked on behalf of the seller, Richbell Capital.
Klosed Properties and Kassin Sabbagh Realty buy NoHo retail cooperative leasehold for $2.5 million
May 12, 2026
Manhattan, NY Klosed Properties, in partnership with Kassin Sabbagh Realty, has acquired a retail cooperative leasehold at 659 Bdwy. in the NoHo Historic District for $2.5 million — below its previous $6 million trade
Access Point makes investment in 38-hotel portfolio and value-add conversion initiative
May 12, 2026
New York, NY Access Point, an Atlanta-based company, has made a new investment supporting the acquisition and rebranding of a 38-hotel portfolio. The strategy is focused on converting the assets to Studio 6 properties and
Buono of Island Assocs. sells 4,775 s/f mixed-use for $1.375 million
May 12, 2026
East Islip, NY Richie Buono of Island Associates Real Estate brokered the $1.375 million sale of 87–89 West Main St. Buono represented the seller D’Andrea Brothers LLC, and purchaser JORE2 LLC.
Metro Realty Services brokers six industrial sales valued at $7.475 million
May 12, 2026
Ronkonkoma, NY Metro Realty Services LLC negotiated six sales transactions which totaled $7.475 million and 51,600 s/f of industrial space and over two acres of industrial land.
Cushman & Wakefield inks two new leases at 28&7, bringing building to full occupancy
May 12, 2026
Manhattan, NY According to Cushman & Wakefield 28&7, a Class A office building located at 205 West 28th St. in Chelsea, has reached 100% occupancy following the signing of two new office leases. Verance
Adam America Real Estate names Brickman chief executive officer
May 12, 2026
Manhattan, NY Adam America Real Estate has appointed David Brickman as chief executive officer. In this role, Brickman will lead the firm’s long-term growth strategy and oversee execution across its investment and
MCB Real Estate celebrates 52,832 s/f Dick’s Sporting Goods opening at Hudson Valley Plaza
May 12, 2026
Kingston, NY MCB Real Estate celebrated the grand opening of Dick’s Sporting Goods at Hudson Valley Plaza. Dick’s Sporting Goods occupies a 52,832 s/f space at the shopping center, located at 701 Frank Sottile
Global Net Lease to acquire Modiv Industrial in $535 million merger agreement
May 12, 2026
Manhattan, NY Global Net Lease, Inc. (GNL) and Modiv Industrial, Inc. have entered into a definitive merger agreement under which GNL will acquire Modiv in an all-stock transaction valued at an enterprise value of $535 million
Cronheim Hotel Capital secures $25.5 million for acquisition of DoubleTree Syracuse
May 12, 2026
Syracuse, NY Cronheim Hotel Capital (CHC) has secured $25.5 million for the acquisition of the DoubleTree Hotel. As one of the leading group and meeting hotels in the region, it also benefits from Micron Technologies planned $100 billion semiconductor campus under construction a few miles from the property.
Marcus & Millichap brokers $54.22 million five-property Long Island portfolio sale
May 12, 2026
Farmingdale, NY Marcus & Millichap negotiated the sale of a five-property, 275,938 s/f multi-tenant industrial portfolio on Long Island. The portfolio sold for $54,222,673. “Owned by the same family since its construction, the portfolio was offered for sale for the first time,” said Michael Tuccillo of Marcus & Millichap in New York City.
Delisle and Monahan of Island Assocs. negotiate long-term lease extension for Golden River Asian Cui...
May 8, 2026
Middle Island, NY Roger Delisle and Robert Monahan of Island Associates negotiated a long-term extension for Golden River Asian Cuisine at Strathmore Commons, 1245 Middle Country Rd.
Cronheim Hotel Capital secures $19.954 million for construction of Hampton Inn Kennesaw, GA
May 8, 2026
Kennesaw, GA Cronheim Hotel Capital (CHC) has secured $15.954 million in construction financing for the development of a Hampton Inn Atlanta NW/Kennesaw Town Center. The financing provides up to 70% of
The psychology of New York dealmaking - by Joe Aquino
May 8, 2026
People often think New York real estate is about buildings, rents, demographics, or money. Those things matter, but after nearly forty years in commercial real estate, I can tell you the real business
Lee & Assocs. NYC arranges first East Coast lease for San Francisco-based Bun Mee at 115 East 23rd S...
May 7, 2026
Manhattan, NY Lee & Associates NYC completed a new retail lease for Bun Mee at 115 East 23rd St. in the Flatiron/Gramercy area. This marks the brand’s first location on the East Coast.
Delisle and Monahan of Island Associates renew 1,440 s/f lease to Seafood Shack Restaurant at Lake H...
May 6, 2026
Leesburg, FL Roger Delisle and Robert Monahan of Island Associates negotiated a lease extension of 1,440 s/f to Seafood Shack Restaurant at Lake Harris Square - 27405 U.S. Hwy. 27.
Metro Walls strengthens preconstruction team with additions of Morissette and Silva
May 6, 2026
Manchester, NH Metro Walls has expanded its estimating team with the additions of Matt Morissette and Paulo Silva, reinforcing its commitment to delivering thorough, responsive, and high-quality support during
Rodland Real Estate introduces U.S. to RoRo, an AI platform designed to help independent real estate...
May 6, 2026
Manhattan, NY Rodland Real Estate, a leading independent brokerage based in The Bahamas, is introducing RoRo to the U.S. market ahead of a phased global rollout. RoRo is an artificial intelligence
Global Holdings partners with Industrious to create new coworking space at 875 Third Ave.
May 6, 2026
Manhattan, NY Global Holdings Management Group in partnership with Industrious, a flexible workplace experience company, signed for a new location at 875 Third Ave., set to open in July 2026.