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P.W. Grosser promotes three to senior leadership
March 11, 2025
Bohemia, NY P.W. Grosser Consulting has started 2025 with promoting three employees in it’s senior leadership team and recent promotions reflect the firm’s commitment to growth and recognizing talent within the organization.
RFR signs Gymshark to 15,000 s/f at 11 Bond St.
March 11, 2025
Manhattan, NY RFR has signed a full-building lease with UK-based fitness apparel and accessories brand Gymshark at 11 Bond St. The direct-to-consumer (DTC) retailer will take 15,000 s/f on the corner of Bond St. and Lafayette St. in the NoHo neighborhood for its first Americas brick and mortar retail location. The four-story space,
Katz & Assocs. and The Retail Strategy represent Quickway Japanese Hibachi in three NYC leases
March 11, 2025
Brooklyn, NY Quickway Japanese Hibachi is entering New York Metro with signed leases for three New York City locations. Katz & Associates’ Michael Peguero and Sean Philipps are working with master brokers Lauren Brunner and Yi-Ting Chung from The Retail Strategy to represent
Reckson closes 2024 signing 37,827 s/f in leases at two properties
March 11, 2025
Valhalla, NY Reckson closed out 2024 with leases totaling 37,827 s/f at office properties in White Plains and Valhalla. In downtown White Plains, the law firm of Delbello Donnellan Weingarten Wise & Wiederkehr LLP relocated within the city to 17,364 s/f at 360 Hamilton
NYC experiences a boom in CRE - Why and how? - by James Famularo
March 11, 2025
Any successful person in commercial real estate, especially in Manhattan, has conditioned themselves to withstand the volatility of a constantly shifting market. Staying resilient through extreme lows while adapting strategies to seize opportunity and mitigate risk is what got us through a worldwide pandemic and the rapid surge
James Lenox House and Carnegie East House to honor Phillips of TPG Architecture and Romano of JRM Co...
March 11, 2025
Manhattan, NY James Lenox House and Carnegie East House will honor two New Yorkers, each of whom has demonstrated a commitment to the needs of older adults, at its annual Spring Blossoms Gala on Tuesday, April 8, at The Plaza Hotel, 768 5th Ave.
Gindi Equities expands portfolio with acquisition of Amber Crossing Apartments
March 11, 2025
Fargo, ND Gindi Equities has officially completed the acquisition of Amber Crossing Apartment Homes, a multifamily community situated at 5170 Amber Valley Pkwy. S. The purchase, made from Property Resources Group, signals Gindi’s third investment in the local market.
Savanna acquires 430 West 15th St. 95,000 s/f office building for $85 million
March 11, 2025
Manhattan, NY Savanna has acquired the leasehold interest for 430 West 15th St., an eight-story, 95,000 s/f office property located in the Meatpacking District. Savanna acquired the class-A office building at a deeply discounted price of $85 million. The building is fully
Question of the Month: How can on-site storage enhance tenant satisfaction and boost revenue by unlo...
March 11, 2025
In New York City’s dynamic real estate market, building owners and managers are finding new ways to maximize space and elevate tenant experiences. With rising costs and space at a premium, one of the most valuable yet underutilized assets in residential buildings is existing,
M&T Realty Capital provides $38.71 million for 103-unit Long Island City property
March 11, 2025
Long Island City, NY M&T Realty Capital Corp. provided $38.71 million in financing for 103-unit New York property. 12 of the subjects units are restricted to 130% AMI and 19 of the units are restricted to 80%
Houlihan Lawrence Commercial and Feirstein Properties sell 1.6 acres
March 11, 2025
Yorktown Heights, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, brokered the sale of 1.6 acres of vacant land on Saw Mill River Rd. The 1.6-acre site, which is located in the highway commercial zone, is directly across from the Yorktown Green Shopping Center
Win with your Instagram content - by Kimberly Zar Bloorian
March 11, 2025
Instagram is a game-changer for commercial real estate professionals looking to expand their network, build credibility, and secure more deals. But let’s be honest — posting property photos or company announcements alone won’t cut it. To truly capture the attention of investors, brokers, tenants, and clients, your content needs
Ariel Property Advisors arranges $17.8 million sale of 224 3rd Ave. development site
March 11, 2025
Brooklyn, NY Ariel Property Advisors (Ariel) has arranged the sale of a 59,995 buildable s/f development site, which includes 6,000 s/f of air rights, at 224 3rd Ave. in the Gowanus neighborhood for $17.8 million, or $296 per buildable s/f. The site had approved plans to
Forte Construction and Citnalta Construction complete modernization of 68th St.-Hunter College Subwa...
March 11, 2025
Manhattan, NY The Metropolitan Transportation Authority (MTA) and Federal Transit Administration (FTA) celebrated the completion of a modernization and expansion project at the 68th St.-Hunter College Subway Station, bringing the more than century-old transit facility
Silver Arch Capital Partners closes $14.5
million bridge loan for 8 units at The Oosten
March 11, 2025
Brooklyn, NY Silver Arch Capital Partners closed a $14.5 million bridge loan on eight unsold condominium units and 74 parking spaces. The loan, which has a loan-to-value (LTV) ratio of 65%, is set for a term of one year with extension options.
How location shapes property taxes - by Brad and Sean Cronin
March 11, 2025
The timeless saying “location, location, location” remains a fundamental principle in real estate valuation today. However, the way location influences the property tax burden for a commercial property is more complex. Commercial property taxes can differ depending on the taxable jurisdiction in which the property is located. Various factors
ASTM Environmental “Phase One Standard” reaches one year anniversary - by Chuck Merritt
March 11, 2025
The American Standard of Testing Materials (ASTM) Environmental Site Assessment (ESA) standard E-1527-21 received approval to be enacted from the EPA on March 14, 2022. The standard also received congressional approval that it also meets the All-Appropriate Inquiry (AAI) Rule. However, the prior standard (E-1527-13) was allowed to
InspireDesign Creative Studio completes two projects
March 11, 2025
Garden City, NY InspireDesign Creative Studio completed two projects that have transformed Long Island offices into spaces that inspire, comfort, and foster a sense of wellness. “We are excited to cap a year of projects that make our clients’ spaces more exciting
National Development expands
senior housing portfolio
March 11, 2025
Smithtown, NY National Development, a leading vertically integrated real estate investment and development firm, made a new senior housing ground-up development and senior housing acquisition, the firm’s first in New Jersey and Long Island respectively.
Pisciotta of Metro Realty sells 4,400 s/f for $1.275 million
March 11, 2025
Amityville,NY Michael Pisciotta of Metro Realty Services, LLC sold 4,400 s/f at 61 John St. to Pratt Bridge Properties LLC for $1.275 million. Pisciotta represented the seller and John Simpson of Signature Premier Properties represented the buyer.
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