Solvay, NY University Hill Realty Ltd. negotiated the sale of Geddes Plaza, a mixed-use commercial and residential property. The transaction was brokered by Dan Murphy, associate broker with University Hill Realty, who represented the seller, BDS Realty Associates.
Rochester, NY The Boulder Group completed the sale of a single tenant net leased Take 5 Oil Change property located at 1300 Hylan Dr. for $2.255 million.
Auburn, NY Auburn East LLC d/b/a Auburn Properties LLC (Auburn East LLC), an affiliate of Commercial Development Company, Inc. (CDC) from St. Louis, Missouri, acquired a 15-acre former Bombardier manufacturing plant. The property was acquired from Auburn Technology, Inc.
Tarrytown, NY Simone Development Companies was honored by Westchester Building Owners and Managers Association (BOMA) for the company’s medical office building at One Executive Blvd. in North Yonkers. The building won the Best of BOMA Signature Award in the category of Best Curb Appeal and Common Areas.
Manhattan, NY Ron Abad, CEO of Community Housing Innovations (CHI), was the moderator of a panel on affordable housing trends at the state level. The panel was part of an all-day Affordable Housing Summit sponsored by City&State New York.
Syracuse, NY CBRE Upstate NY, an affiliate of CBRE, negotiated the sale of Regency Tower Apartments, a 237-unit multifamily property located at 770 James St., to a partnership between The Walden Group and Sierra Heights Management.
Manhattan, NY Jack Resnick & Sons finalized a 11,445 s/f agreement with Foster Garvey, P.C. to relocate its New York office to One Seaport Plaza, Resnick’s office tower located at 199 Water St.
Brooklyn, NY Cresa managing principal Bert Rosenblatt, managing principal Peter Sabesan, and vice president Alex Gerome have arranged a renewal lease for Elderserve Health, Inc., d/b/a RiverSpring Health Plans, a New York State non-profit organization, at 1630 East 15th St. in Midwood.
Manhattan, NY According to BXP, four restaurants are opening at The Hugh, a food hall in Midtown operated by BXP. The concepts – Ö Bar, Lacoce, STRETCH Pizza, and Petite Maman – join a range of food and beverage offerings.
Manhattan, NY GFP Real Estate, LLC negotiated three leases totaling 5,727 s/f at 230 Fifth Ave., also known as The New York MarketCenter Building. GFP principal Jane Gural-Senders and leasing director Harvey Richer represented the landlord, GFP R.E. — and the tenants — in each of the direct lease transactions.
Manhattan, NY RFR signed two new tenants at 477 Madison Ave., a 24-story office tower in Midtown. The two financial services firms will move into built-to-suit office space at the renovated building with Treville Capital Group taking 18,412 s/f and Fiera Capital taking nearly a full floor. The new deal activity follows
Yonkers, NY Lee & Associates NYC and Extell Development Company said that childcare and early education franchise The Learning Experience (TLE) has signed a lease at Extell’s new waterfront development, Hudson Piers.
Manhattan, NY Marx Realty (MNPP) said that investment advisory firm, Family Management Corp. is more than doubling its footprint at 10 Grand Central expanding from 4,800 s/f to 11,000 s/f with a seven-year term. Weidenbaum & Harari, a New York-based law firm focused on serving the legal needs
Manhattan, NY Manhattan Skyline Management Corp. signed a lease with Murray Hill Optical to open a new boutique at 500 Third Ave. in the Murray Hill neighborhood. Murray Hill Optical will operate out of a 988 s/f Third Ave. storefront renovated by Manhattan Skyline at the base of its apartment building Murray Hill Manor.
Manhattan, NY JLL has leased 42,643 s/f of new office space in a trio of deals at 107 Greenwich St., bringing the Financial District property to 95% occupancy. In the largest transaction, flexible workplace provider Industrious leased 24,534 s/f across the entire 13th and 14th floors, signing a long-term agreement with owner Trinity Church.
Manhattan, NY The Feil Organization signed a 10-year lease renewal with Sotheby’s Institute of Art, which is based at 570 Lexington Ave. with 19,436 s/f space across the entire sixth floor. Sotheby’s Institute of Art is part of BrandEd, the leading provider of industry-immersive education.
Brooklyn, NY Industry City, the 35-acre, six million s/f mixed-use campus in Sunset Park, signed 61,510 s/f of new and expanded leases. Biotechnology company Cresilon has signed a 55,000 s/f, 10-year expansion lease for its U.S. headquarters and lab space, more than doubling its footprint
Brooklyn, NY About 900 building owners, service providers, registered design professionals, and city representatives came together for “LL97 Compliance: Service Provider Expo” at the Brooklyn Navy Yard to pave the way forward on implementing the carbon emissions law.
Getzville, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc. closed a $41.79 million multi-family construction loan. The proposed facility will feature 246 units, with a mix of studio, one-, two-, and three-bedroom units, as well as a variety of community amenities.
Manhattan, NY KM Associates of New York has appointed construction industry veteran Roz Espinosa as director of major projects. Espinosa brings 30 years of experience in construction project management and expertise with NYC Department of Buildings approvals to the role.