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RFR leases 13,757 s/f to Accrete at 17 State St.
March 25, 2025
Manhattan, NY RFR has signed a new 13,757 s/f, long-term lease with Accrete, more than doubling the firm’s footprint at 17 State St., a 42-story office tower. RFR recapitalized the 17 State St. tower with a three-year loan extension.
Aquino marks 40 years in CRE: Industry veteran and
JAACRES founder continues to shape global ret...
March 25, 2025
Manhattan, NY Joseph Aquino is celebrating his 40th anniversary in commercial real estate, a milestone that reflects decades of expertise, groundbreaking deals, and global impact in the industry. As a distinguished leader, Aquino has spent his
JLL arranges $1.125 billion refinance for 3 Bryant Park
March 25, 2025
Manhattan, NY JLL’s Capital Markets group has arranged a $1.125 billion refinancing for 3 Bryant Park, a 1.2 million s/f, office tower located in Bryant Park.
GFP and Colliers lease 2,695 s/f to LightBulb Live
March 25, 2025
Manhattan, NY GFP Real Estate said that LightBulb Live Inc. has signed a new four-year lease for 2,695 s/f on the 14th floor of 520 Eighth Ave. Matthew Mandell of GFP Real Estate represented the landlord, GFP Real
Delisle and Monahan of Island Associates lease 1,680 s/f at Islip Plaza
March 25, 2025
Islip, NY Roger Delisle and Robert Monahan of Island Associates negotiated a long-term lease extension for Fancy Nails at Islip Plaza for 1,680 s/f. Fancy Nails has been a tenant at the plaza for over 20 years and their new lease extension
Houlihan Lawrence appoints Bauman as new manager of Bedford/Pound Ridge brokerage
March 25, 2025
Bedford, NY Houlihan Lawrence has appointed Tiffany Bauman as manager of its Bedford/Pound Ridge brokerage office. Bauman has background in real estate, operating her own NYC boutique residential real estate brokerage, Tiffany Bauman
Merchants Capital secures $316 million for phase 2 of Alafia
March 25, 2025
Brooklyn, NY Merchants Capital provided more than $316 million in construction, permanent and equity financing for the second phase of Alafia, a mixed-use development. Part of an expansive affordable housing development and the Vital Brooklyn Initiative
Avison Young leases 35,469 s/f to NYCBS at Radio Tower
March 25, 2025
Manhattan, NY Avison Young arranged a new 35,469 s/f lease to bring New York Cancer & Blood Specialists (NYCBS) to the Radio Tower, Northern Manhattan’s first high-rise, mixed-use project in 50 years. NYCBS will occupy the full eighth, ninth and eleventh
Power named co-chair of land use practice at Kramer Levin
March 25, 2025
Manhattan, NY Kramer Levin has elevated James Power to co-chair of the firm’s land use practice alongside Elise Wagner. Power will co-lead one of the largest and most experienced land use practices in New York City. He succeeds Paul Selver
Cushman & Wakefield facilitates five subleases - 112,047 s/f at 1745 Broadway
March 25, 2025
Manhattan, NY Cushman & Wakefield has facilitated five sublease transactions totaling 112,047 s/f at 1745 Bdwy. This 780,525 s/f, 26-story office building is located at the southwest corner of 56th and Bdwy. in Midtown.
Joly of Igloo NYC leases 3,984 s/f to Gowanus Marketplace and Hey Clay at 420 Carroll
March 25, 2025
Brooklyn, NY Two new retail leases have been signed at 420 Carroll, the first mixed-income building developed through the 2021 Gowanus Neighborhood Rezoning. The two businesses, Gowanus Marketplace and Hey Clay, slated to open in 420 Carroll’s ground floor
The Moinian Group inks 5,000 s/f lease with Cobalt Service Partners in Flatiron
March 25, 2025
Manhattan, NY The Moinian Group has signed a 5,000 s/f, five-year lease with Cobalt Service Partners, a commercial access solutions platform at 53 West 21st St. in the Flatiron district. Cobalt Service Partners will use its new space
Simone Development signs 24,500 s/f in leases at 1 Zeiss Dr.
March 25, 2025
Thornwood, NY Simone Development Companies has signed 24,500 s/f of new leases at 1 Zeiss Dr. Immortal Fitness leased 14,994 s/f and the Random Farms Kids’ Theater leased 9,506 s/f. Both are relocations.
The dark reality behind New York City's photoluminescent glow-in-the-dark safety laws - by Robert Ka...
March 25, 2025
In July 2006, five years after the tragic events of September 11, 2001, New York City introduced Local Law 26, a measure symbolizing a collective resolve to prioritize safety in the face of disaster. The law mandated the installation of building code-compliant photoluminescent
Capitol Fire Sprinkler begins new installation and system upgrades at 40,000 s/f 92nd St. Y
March 25, 2025
Manhattan, NY Capitol Fire Sprinkler has been retained for a second project at the 92nd St. Y. The fire protection firm is providing system upgrades at the cultural and education center, located at 1395 Lexington Ave.
Strader of Silverstein Properties leases 11,465 s/f to GACC NY at 120 Wall St.
March 25, 2025
Manhattan, NY Silverstein Properties signed a relocation agreement with the German American Chamber of Commerce in New York (GACC NY) at 120 Wall St. Established over 75 years ago to promote commerce between Germany and the United States,
What is estoppel? - by Thomas Kearns
March 25, 2025
While real estate professionals should be familiar with the term “estoppel,” the legal doctrine of estoppel has a surprisingly wide reach. Estoppel is a legal principle that prevents someone from denying a fact that they previously agreed to. In real estate,
McHugh Furnishings acquires Professional Furnishings & Equipment
March 25, 2025
Uniondale, NY McHugh Furnishings, a provider of specialty furnishings for education, healthcare, entertainment, and multifamily housing has acquired Professional Furnishings & Equipment (PFE), a Buffalo-based company with additional offices in Syracuse and
City of Yes for Housing Opportunity: Improving the ability to transfer a landmark's development righ...
March 25, 2025
New York City real estate owners and developers have long asked us about transferring unused development rights from an individual landmark to a site across the street, through a 74-79 Special Permit issued by the City Planning Commission (CPC). While these transfers have
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