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BKM Capital Partners completes $750 million of transactions rhrough Q3 2024
September 24, 2024
Newport Beach, CA BKM Capital Partners (BKM), a vertically integrated institutional fund manager, has closed on more than $750 million worth of transactions during the first three quarters of 2024, strengthening both
March of Dimes NY/NJ to honor Rechler of RXR on Nov. 14th
October 15, 2024
Purchase, NY March of Dimes NY/NJ Market to honor Todd Rechler, founding partner, chief construction & development officer, RXR, with the March of Dimes Real Estate Award at the 2024 Westchester/Fairfield Real Estate Awards Breakfast on November 14th at Brae Burn Country Club.
NY Landmarks Conservancy’s Sacred Sites pledges 16 grants
October 15, 2024
New York, NY The New York Landmarks Conservancy’s Sacred Sites Committee awarded 16 matching grants totaling $321,000 to 15 sites throughout New York state. New York City grantees include the Bowery Mission chapel, located in an 1876 neo-Grec tenement building,
CREW New York names 2025 Board of Directors
October 15, 2024
New York, NY CREW New York has named their 2025 Board of Directors. CREW NY welcomes Alana Sliwinski, Joy Brigis, Jennifer Stewart, Nathalia Bernardo, Katie Wheeler, Maxinne Leighton, and Jessica Mustafa to the board. These professionals bring experience and knowledge that will help guide the association as it continues to
Weaver and Tidwell, L.L.P. to consolidate into Vornado Realty Trust ’s PENN 1 office tower
October 15, 2024
Manhattan, NY Vornado Realty Trust has secured a new lease with Weaver and Tidwell, L.L.P. (Weaver) at PENN 1. Weaver, which occupies 8,000 s/f on a portion of the 32nd floor, will now occupy 36,500 s/f across the entire 28th floor. Buchbinder Tunick & Co., a firm that
Time Equities, Inc. promotes Pastor to chief operating officer
October 15, 2024
Manhattan, NY Time Equities, Inc. (TEI), has promoted Max Pastor to chief operating officer. “I was fortunate to have the opportunity to begin my professional career at TEI, joining originally as a legal intern in 2002, and to continue my professional career
NIN HAO opens 1,890 s/f at TF Cornerstone's 595 Dean St.
October 15, 2024
Brooklyn, NY TF Cornerstone (TFC) negotiated a new lease signing with NIN HAO at the ground floor of 595 Dean St. in the Prospect Heights neighborhood. The modern Fujian restaurant opened its doors last month.
JEMB Realty signs Philo TV to new 8,100 s/f lease at 1 Willoughby Sq.
October 15, 2024
Brooklyn, NY JEMB Realty has signed an 8,100 s/f lease with Philo TV at 1 Willoughby Sq. (1WSQ). A CBRE team consisting of Paul Amrich, Neil King, Zachary Price, Alex D’Amario and James Ackerson represented JEMB. Philo TV was represented by Catherine Vilar of the Kaufman Organization.
Newmark hires Duffy as executive managing director to co-head its capital markets strategic advisory...
October 15, 2024
Manhattan, NY Newmark hired Matt Duffy as executive managing director to co-head its capital markets strategic advisory group alongside Andrew Warin, cementing the specialty practice group’s leadership. Duffy and Warin will focus on strategic advisory and liquidity solutions, expanding client service and further
Ariel Property arranges $16.5 milliion sale of two multifamily buildings
October 15, 2024
Manhattan, NY Ariel Property Advisors (Ariel) has brokered the sale of two 6-story elevator buildings totaling 109,530 s/f at 226 & 259 West 144th St. in Harlem for $16.5 million. The buildings house 110 residential units and one ground floor commercial unit.
IREON Insights: 10 hiring mistakes that will destroy your business, part 3 of 4 - by Patrick Brosnan...
October 15, 2024
The Problem Has the applicant ever been a defendant in a civil lawsuit? The probability is that they will not volunteer this information; however, this information can often provide significant insight into their character and credibility as well as offering many new leads. Civil transcripts will provide details regarding
Heritage Affordable Communities acquires 242-unit Low-Income Housing Tax Credit portfolio
October 15, 2024
Bronx, NY Heritage Affordable Communities (HAC) acquired 242 Low-Income Housing Tax Credit (LIHTC) units spread across three buildings. This acquisition strengthens HAC’s presence in the NYC affordable housing market and demonstrates the company’s commitment to preserving affordability for communities in need.
Odyssey Retail Advisors names Chambers Powell and Paisner vice presidents of retail
October 15, 2024
Manhattan, NY Odyssey Retail Advisors has expanded its leadership team with the addition of two new vice presidents of retail, Gabriel Paisner and Logan Chambers Powell. Chambers Powell has over a decade of experience and more than 225 retail deals totaling $670 million in transaction
Kanata joins Compass as executive director of New York commercial division
October 15, 2024
Manhattan, NY According to Adelaide Polsinelli, vice chairman of Compass, the firm has added Eric Kanata as an executive director in their New York commercial division. Kanata joins the Polsinelli-Graff team, bringing with him experience in investment sales and leasing.
REBNY and The Durst Organization
celebrate LEED Platinum certification
October 15, 2024
Manhattan, NY The Real Estate Board of New York (REBNY) and The Durst Organization said that the trade association’s office renovation at 570 Lexington achieved LEEDv4 Interior Design and Construction certification at the Platinum level, the highest level of LEED certification.
Question of the Month: The shrinking apartment: A call for creative space solutions
October 15, 2024
Long Island City, NY As New York City’s apartments continue to rise in price and shrink in size — with some newly built units barely exceeding 300 s/f — the efficient use of every available square foot in a building has become more critical than ever. As apartment dwellers continue to participate in lifestyle
Investment Property Realty Group closes eight sales totaling $28.18 million
October 15, 2024
Brooklyn, NY Investment Property Realty Group (IPRG) negotiated eight closings in the last month totaling $28,189,500. • 714 Grand St. sold for $2.15 million. This property is located between Manhattan Ave. and Graham Ave. in Williamsburg. The building offers 4,500 s/f (4,125
Manhattan Skyline welcomes Medium Rare to 488 Third Ave
October 15, 2024
Manhattan, NY Manhattan Skyline Management Corp. has signed a lease with steakhouse Medium Rare to open a new location at 488 Third Ave. in the Murray Hill neighborhood. Situated at the base of Manhattan Skyline’s apartment building Murray Hill Manor, Medium Rare will operate out of a 2,000 s/f
Newmark leases 4,089 s/f to Pura Vida Miami at Rubenstein’s 25 Kent
October 15, 2024
Brooklyn, NY Rubenstein Partners’ 25 Kent in Williamsburg, has signed a 10-year, 4,089 s/f lease with Pura Vida Miami, the all-day café and wellness lifestyle brand. With over 20 locations in South Florida, 25 Kent will be Pura Vida’s second New York location following the brand’s opening at NoMad
Simone Development Companies leases 10,189 s/f medical space to New York-Presbyterian
October 15, 2024
Bronx, NY According to Simone Development Companies, New York-Presbyterian has signed a 10,189 s/f long-term lease at Simone Dev.’s medical office property at 2510 Westchester Ave. Simone Dev. was represented by in-house leasing and legal teams