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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.
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
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