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Alloy Development’s 505 State St. reaches 80% leased
December 10, 2024
Brooklyn, NY Alloy Development’s (Alloy) progress in leases at 505 State St., the city’s first all-electric skyscraper, have achieved the current fastest leasing pace downtown, with 80% of apartments leased since the building’s launch in March 2024. The 44-story tower located at the intersection of State St. and Flatbush Ave.
Rabina tops out 520 Fifth Ave. at 1,002 ft. with Suffolk and Kohn Pedersen Fox
December 10, 2024
Manhattan, NY New York-based, family-owned and operated real estate investment and development firm Rabina has topped out of 520 Fifth Ave., a construction milestone for the project. Once complete in 2025, the mixed-use tower will stand at a height of 1,002 ft., cementing its place as the tallest mixed-use building on Fifth Ave., further redefining Midtown and the New York City skyline.
Time Equities, Inc. partners with MicroGrid Networks to transform renewable energy usage
December 10, 2024
Manhattan, NY Time Equities, Inc. (TEI), has partnered with MicroGrid Networks (MGN), a portfolio company of SER Capital that’s revolutionizing the use of renewable energy and grid efficiency in New York City (NYC). Currently, MGN has an exclusive agreement with six of TEI’s NYC residential and commercial properties including 50 West
BXP appoints CBRE to lease
950,000 s/f at 343 Madison Ave.
December 10, 2024
Manhattan, NY – BXP, one of the largest publicly traded developer, owner, and managers of premier workplaces in the U.S., has appointed CBRE as the exclusive leasing agent for 343 Madison Ave., a 950,000 s/f premier workplace future development project with direct access
RXR names Schwartz executive vice president of real estate credit
December 10, 2024
Manhattan, NY RXR has hired Steven Schwartz, a long-time senior executive with over 30 years of real estate credit experience, as executive vice president of real estate credit. In his new role, Schwartz will lead RXR’s growing credit platform, which has originated billions of dollars of real estate loans in recent years across a range of sectors
Global Holdings rebrands rental building 51 Irving Place to Anagram Gramercy
December 10, 2024
Manhattan, NY Global Holdings, the international real estate development and investment firm founded and led by Eyal Ofer, unveiled the rebranding of the Gramercy Park rental building at 51 Irving Pl. to Anagram Gramercy, marking the third residential tower under Global’s Anagram umbrella
Port Authority of NY & NJ and Durst Organization mark
10th anniversary of One World Trade Center...
December 10, 2024
Manhattan, NY The Port Authority of New York and New Jersey and The Durst Organization are marking the 10th anniversary of One World Trade Center’s opening. At 95% leased, One World Trade Center is a tower offering views, world-class amenities, and a powerful mix of industries.
, Yotam Cohen (CEO) of Daisy. Credit- Daisy.jpeg)
Daisy AI-powered platform ranks among NYC’s top ten property management firms
December 10, 2024
Manhattan, NY Daisy, which launched three years ago, has made history as the first AI-driven property management company to rank among the top 10 property management firms in New York City. The company’s recent expansion into New Jersey highlights its continued growth beyond its portfolio of over 150 buildings.
TF Cornerstone and SCAPE Landscape Architecture hold grand opening of Malt Drive Park
December 10, 2024
Queens, NY TF Cornerstone (TFC) and SCAPE Landscape Architecture have offically opened Malt Drive Park, an expansive park along the Newtown Creek waterfront in Hunter’s Point South. Named for the former beer distribution center that once occupied the site, Malt Drive Park is a public space
L+M Development Partners, Triangle Equities, and Bluestone Organization open affordable housing lott...
December 10, 2024
Queens, NY L+M Development Partners, Triangle Equities, and The Bluestone Organization have opened the affordable housing lottery for units at Beach Green Dunes III in the Far Rockaway community of Edgemere.
SJP Properties inks 14th floor lease for DAZN
December 10, 2024
Manhattan, NY DAZN, a global sports streaming service, has leased the entire 14th floor at SJP Properties’ 470 Park Ave. South for its U.S. corporate office. The 300,000 s/f, two-tower office building is a fully renovated, class A mixed-use property in the Park Ave.South corridor.
R&E secures city approval for 962-972 Franklin Ave. rezoning
December 10, 2024
Brooklyn, NY Rosenberg & Estis P.C. (R&E), currently celebrating its 50th year as one of New York City’s pre-eminent real estate law firms, has secured approval for the rezoning of 962-972 Franklin Ave., a planned 10-story, 355-unit rental building
Kress joins Aircuity as VP, channel sales
December 10, 2024
Manhattan, NY Jay Kress has joined Aircuity as the vice president, channel sales. Kress brings a wealth of experience in sales leadership and strategic partnerships that will help the company’s network of channel partners continue to grow in the market. Kress has a proven track record
Ashforth expands portfolio with
two property assignments - 273,000 s/f
December 10, 2024
Purchase, NY Albert B. Ashforth, Inc. – Management Services, a division of The Ashforth Company, has been awarded the management assignments for two office properties in Westchester County, N.Y., by Core 4 Capital Corp: 2975 Westchester Ave. in Purchase and 399 Knollwood Rd. in White Plains.
Arden Group officially opens Forty-Six Fifty
luxury building - Design by Handel Architects
December 10, 2024
Manhattan, NY Arden Group has opened Forty-Six Fifty, a 22-story luxury rental building in the Inwood neighborhood. With over 50% of the homes already occupied, residents enjoy the architecture, indoor and outdoor amenities, and the opportunity to embrace nature-focused living alongside
Rand Commercial completes successful non profit sale for $2.225 million
November 26, 2024
Hartsdale, NY Paul Adler, Esq.,SIOR and Sam Adler of Rand Commercial successfully brokered a non profit sale. This 3.47 acre property consists of a House of Worship, parsonage, and large paved parking lot. The current use
Seven Ways to Save On Your Commercial Landlord Tenant Lawyer - By Howard Koh
November 26, 2024
Almost nothing bothers property owners more than having to hire a landlord-tenant litigator. It means that the landlord-tenant relationship has soured. Perhaps the tenant is not paying rent or using the premises in the way the landlord expected
TF Cornerstone extends Criteo lease at 387 Park Ave. South
December 10, 2024
Manhattan, NY TF Cornerstone (TFC) negotiated a 10-year lease extension with commerce media company Criteo at its 387 Park Ave. South office building in the Flatiron District. The new lease, encompassing 21,000 s/f on the top floor and penthouse, coincides with the building reaching full occupancy.
Cresa arranges new office deal for Acuity
December 10, 2024
Manhattan, NY Cresa has arranged a lease for 6,495 s/f at Vornado’s PENN 1 for Acuity Knowledge Partners (Acuity), a global provider of research and analytics services to the financial services industry.