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H2M promotes Suppa, Nilsen, Margolies and Kocaj
April 8, 2025
Melville, NY H2M architects + engineers has promoted four employees. • Christiana Suppa, AIA, NCIDQ was promoted from senior project architect 1 to senior project architect 2.
Lee & Assocs. NYC facilitates three retail leases totaling 35,800 s/f
April 8, 2025
Bronx, NY Lee & Associates NYC has completed 35,800 s/f of new retail leases. The transactions include 21,400 s/f at 4075-4077 Boston Rd.; 9,500 s/f at 537 East 138th St.; and 4,900 s/f at 410 East 189th St.
Specialist Staffing Group signs lease for 13,715 s/f at One World Trade Center
April 8, 2025
Manhattan, NY According to The Durst Organization and The Port Authority of New York and New Jersey, Specialist Staffing Group has signed a lease for 13,715 s/f on the 79th floor of One World Trade Center. Specialist Staffing Group is
Pickle1 to open 5,060 s/f pickleball club at 100 Pearl St.
April 8, 2025
Manhattan, NY On behalf of Commerz Real, GFP Real Estate, managing agent of 100 Pearl St., that Pickle1 LLC has signed a new 10-year retail lease agreement for 5,060 s/f on the ground floor of 100 Pearl St. in the Financial District.
Plaid inks 45,300 s/f lease at 530 Bdwy.
April 8, 2025
Manhattan, NY According to real estate development firm SHVO, financial technology company Plaid will lease 45,300 s/f at 530 Bdwy. in SoHo. Plaid will be relocating into a build-to-suit office space at the building, expanding its New York City footprint
Jack Resnick & Sons welcomes Parkinson’s Wellness Foundation to 133 East 58th St.
April 8, 2025
Manhattan, NY Jack Resnick & Sons negotiated a new 10-year, 6,733 s/f lease with the Parkinson’s Wellness Foundation at 133 East 58th St., its 15-story office building located in the Plaza District.
The Feil Organization signs two leases totaling 15,126 s/f at 853 Bdwy.
April 8, 2025
Manhattan, NY The Feil Organization made known the signing of two leases totaling 15,126 s/f with two tenants at 853 Bdwy., an office tower located in Union Sq. The leases include Nourish, a food as medicine platform, leasing the entire 15th floor,
Levin Management secures 62,000 s/f ShopRite commitment at Evergreen Plaza
April 8, 2025
Staten Island, NY Levin Management Corp. (LMC), representing the landlord of Evergreen Plaza, has negotiated a 62,000 s/f anchor lease with the retailer-owned supermarket cooperative Wakefern Food Corp. The location at 150 Greaves Ln. – in Great Kills
Capitol Fire Sprinkler completes fire protection project in FiDi at 90 John St.
April 8, 2025
Manhattan, NY Capitol Fire Sprinkler completed a fire sprinkler system installation of 971 heads on floors three through eight at 90 John St., a rental property developed, owned and managed by The Moinian Group.
Houlihan Lawrence Commercial
sells two properties - $4.3 million
April 8, 2025
White Plains, NY Houlihan Lawrence Commercial has brokered two sales totaling $4.3 million of commercial properties. In downtown, the former Hyundai automotive dealership building located at 130 Westchester Ave., sold for $3.35 million in an all-cash
Garan expands lease at Global Holdings’ 99 Park Ave.
April 8, 2025
Manhattan, NY GARAN, Inc. (Garan), a children’s apparel company owned by Berkshire Hathaway, Inc. signed an expansion lease spanning the entire sixth floor for its U.S. headquarters at 99 Park Ave.
BellTower Partners leases 9,000 s/f at Marx Realty’s 545 Madison
April 8, 2025
Manhattan, NY According to Marx Realty, private investment firm BellTower Partners, founded by Kewsong Lee, has signed on to take a full floor at its 545 Madison office building, which Marx co-branded with Baccarat.
The future of data center construction in NYC: Trends, challenges, and innovation
April 8, 2025
As demand for digital infrastructure accelerates, the New York City (NYC) Metropolitan Area has emerged as a key hub for data center development. However, developers, REITs, and facility managers are facing growing challenges, from power constraints and labor shortages
Haussmann Development secures
$49.5 million refinancing for Arris Grand
April 8, 2025
Brooklyn, NY Haussmann Development has secured a $49.5 million refinancing loan for the Arris Grand, a mixed-use development located at 445 Grand Ave. The loan from QuadReal Property Group (QuadReal), a global real estate investment, operating and development company,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by And...
April 8, 2025
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Polsinelli-Graff Team of Compass with Kearns of Corcoran sell 238 Mulberry St. for $9.2 million
April 8, 2025
Manhattan, NY Adelaide Polsinelli, vice chairman of Compass, along with David Graff, of the Polsinelli-Graff Team, and Darren Kearns of Corcoran brokered the sale of 238 Mulberry St. The sale price was a benchmark price of $9.2 million. Situated on a block
EJS Group’s 200 East 75th St. condo
signs over $190 million in sales
April 8, 2025
Manhattan, NY EJS Group said that 200 East 75th St., a new boutique luxury condominium development on the city’s Upper East Side designed by the award-winning architecture firm Beyer Blinder Belle Architects, with interiors by AD100 and ELLE
Ariel Property Advisors arranges $12 million
sale of 158,465 s/f development portfolio
April 8, 2025
Queens, NY Ariel Property Advisors (Ariel) arranged the sale of the Far Rockaway development portfolio, which consisted of three development sites totaling 158,465 buildable s/f in the Far Rockaway section of the borough. The portfolio traded for $12 million
Commercial classroom: How to list and price investment properties - by Edward Smith Jr.
April 8, 2025
You will need to determine the potential income for this year, subtract from that the projected owner’s expenses to determine the expected net operating income (NOI) for this year. Sounds simple but it’s only the beginning of the process.
The power and limits of eminent domain in the state of New York - by Jason Penighetti
April 8, 2025
If you own property adjacent to a main thoroughfare or near a blighted area, chances are you will eventually face a condemnation. Also known as eminent domain, condemnation is a powerful tool that allows governmental entities to acquire private property for projects benefitting the
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