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SL Green signs 29,915 s/f lease with Nayya Health at 215 Park Ave. South
December 10, 2024
Manhattan, NY SL Green Realty Corp. said that Nayya Health has signed a 29,915 s/f lease at 215 Park Ave. South. The new five-year lease covers 17,255 s/f on the entire fourth floor and 12,660 s/f on the partial 18th floor. The building is now 92% leased.
The Feil Organization leases 17,570 s/f to Ring Concierge at 488 Madison Ave.
December 10, 2024
Manhattan, NY The Feil Organization signed a long-term,17,570 s/f lease expansion at 488 Madison Ave. with Ring Concierge. Ring Concierge previously occupied 10,661 s/f. This deal brings the 447,000 s/f office tower to over 90% leased.
HAPIK opens 15,000 s/f in Industry City
December 10, 2024
Brooklyn, NY Climbers can conquer new challenges, scale unique courses, and tap into their inner adventurer at the new action-packed indoor climbing gym HAPIK, opening in Building 6 at Industry City, the 35-acre mixed-use complex comprising 16 waterfront buildings in Sunset Park. The 15,000 s/f adventure gym is
The Moinian Group inks 16,129 s/f lease with Pixida in NoMad
December 10, 2024
Manhattan, NY The Moinian Group signed a 16,129 s/f, 20-year lease with Pixida, a Mediterranean-style restaurant at 245 Fifth Ave. in the NoMad neighborhood. Upon opening in Q4 of 2025, Pixida’s multi-level space, inclusive of a mezzanine, will deliver a refined Greek cuisine offering
Jack Resnick & Sons signs 20,000 s/f office renewals at 8 West 40th St.
December 10, 2024
Manhattan, NY Jack Resnick & Sons negotiated lease renewals totaling 20,000 s/f with two tenants at 8 West 40th St. In the larger of the two transactions, Middlegate Securities will extend its 13,334 s/f lease commitment for 10 additional years. The financial
Lee & Associates NYC leases 2,700 s/f to Le Botaniste
December 10, 2024
Manhattan, NY Lee & Associates NYC represented organic, plant-based and sustainable restaurant, Le Botaniste, in a new long-term lease at PENN 11 in the newly revitalized PENN DISTRICT. The lease consists of ground level and basement space in the building totaling 2,700 s/f.
Simone Development Companies signs Fastenal Co. to 10,347 s/f long-term warehouse lease
December 10, 2024
Bronx, NY Fastenal Company has signed a 10,347 s/f, long-term warehouse lease at 1385 Commerce Ave. Simone Development Companies was represented by in-house leasing and legal teams while Fastenal Co. was represented by Mathew Diana of DY Realty.
Over 500 attend 50th anniversary
for OLA Consulting Engineering
December 10, 2024
Valhalla, NY OLA Consulting Engineers LLC celebrated 50 years of excellence in engineering with an anniversary party held in the Atrium of their new office building at the Summit at Westchester, located at 100 Summit Lake Dr. The celebration marked not only a major milestone
Manhattan Skyline Management brings No Standing NYC to 1,320 s/f at 65-69 West Houston St.
December 10, 2024
Manhattan, NY Manhattan Skyline Management Corp., negotiated a new long-term lease with No Standing NYC, a vintage and secondhand retailer, at 65-69 West Houston St., a street-level location at the intersection of SoHo and Greenwich Village.
Question of the Month: How should building owners and property managers prepare for compliance deadl...
December 10, 2024
With the new year approaching, Merritt Engineering wants you to be “in the know” with a breakdown of the important upcoming building inspection deadlines that you should be aware of to ensure a successful 2025.
Featured project of the month: Revitalization from Mid-Island Plaza to The Shops on Broadway...a new...
December 10, 2024
Hicksville, NY Rosenbaum Design Group Architecture (RDG), a Lake Success, NY design firm, marks its 60th anniversary with one of its most prominent projects ever. As lead architect for the revitalization and redevelopment of The Shops on Broadway, beginning in April 2023, RDG was entrusted with contemplating the next breaths of
Rosenberg & Estis secures zoning variance to convert factory to residential
December 10, 2024
Brooklyn, NY Rosenberg & Estis, P.C. has secured a zoning variance for the conversion of nine commercial units located within a former factory building at 8-10 Grand Ave. into residential use. Frank Chaney, counsel with R&E’s transactional department, represented the property owner
Churchill Asset Management expands lease to 78,163 s/f at RFR’s Seagram Building
December 10, 2024
Manhattan, NY Churchill Asset Management LLC, an investment specialist of Nuveen, the asset manager of TIAA, has signed a long-term 78,163 s/f extension and expansion at RFR’s Seagram building. Churchill is a $50 billion leading capital provider for private equity-owned middle market companies and currently occupies 52,124 s/f on
Zuckerman of Houlihan Lawrence brokers six leases
December 10, 2024
Rye Brook, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, has closed six lease transactions totaling 10,321 s/f of commercial space. The deals were handled by associate broker Alan Zuckerman.
Ariel Property Advisors arranges
loans for six NYC properties
December 10, 2024
Brooklyn, NY The Capital Services Group for Ariel Property Advisors (Ariel) arranged construction, refinancing and acquisition loans totaling over $17 million for six properties in Brooklyn and Manhattan. Matthew Dzbanek and Matt Swerdlow, both senior directors in Ariel Property
Grow your CRE network, close more deals: Three must-try marketing tips for 2025 - by Kimberly Zar Bl...
December 10, 2024
As we move into 2025, networking in commercial real estate (CRE) looks a lot different than it did a few years ago. Digital platforms and new marketing trends make it easier — and more necessary — to connect strategically. Here are three actionable tips to help you expand your network and stand out.
Blackstone acquires retail portfolio in Soho
December 10, 2024
Manhattan, NY Fried Frank advised Blackstone on its acquisition of a four-property retail portfolio in Soho from ASB Real Estate Investments for $197.5 million. The acquisition includes 131,257 s/f across four properties: 61 Crosby St., 72-76 Greene St., 415 West Bdwy. and 465 Bdwy. The transaction marks the biggest
Ferrara and Kinney Leonhardt of Brax
Realty sell $8.4 million development site
December 10, 2024
Long Island City, NY Brax Realty brokered the sale of a development site at 10-37 and 10-45 49th Ave. for $8.4 million. The transaction was brokered by Michael Ferrara and Cole Kinney Leonhardt. The property, a 12,000 s/f lot with two vacant commercial buildings
Marks, Lebor, and Manasia of TerraCRG sell
four properties totaling 21,120 s/f for $22 million
December 10, 2024
Williamsburg, NY TerraCRG has negotiated the $22 million sale of four properties located at 536, 546, 554, and 558 Metropolitan Ave. The transaction was exclusively brokered by TerraCRG’s Dan Marks, Daniel Lebor, and Andrew Manasia. Ribiero Associates was the seller.
Atlantic Retail and Atlantic Capital Partners complete over $155 million in Macy’s portfolio sales...
November 26, 2024
Boston, MA On November 26th Macy’s completed the sale of its Gwinnett Place Mall and Gwinnett Furniture locations in Duluth, GA for a total of $16.5 million. This marks Atlantic Retail’s twelfth and thirteenth