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SL Green Realty signs five leases at
485 Lexington Ave. - 64,303 s/f
May 14, 2024
Manhattan, NY SL Green Realty Corp. has signed four new office leases and one renewal lease at 485 Lexington Ave. totaling 64,303 s/f. “Leasing activity has rapidly improved over the first three months of the year,” said Steven Durels, SL Green’s executive vice president and director
Avison Young leases 9,200 s/f for Corcoran Group
May 14, 2024
Manhattan, NY Avison Young has arranged a new, full-floor 10-year lease at 220 West 19th St. on behalf of landlord Red Circle NY Corp. for the relocation of The Corcoran Group’s Chelsea office from 218 West 18th St. The
Lee & Assocs. NYC arranges
$3.2m sale of 2,800 s/f retail site
May 14, 2024
Mamaroneck, NY Lee & Associates NYC has represented the seller in the sale of 1444 E. Boston Post Rd. for $3.2 million. The property consists of 2,800 s/f on half an acre and was previously leased to People’s United Bank.
Lendlease and Extell Development top out
1520 First Ave. - 400,000 s/f medical office
May 14, 2024
Manhattan, NY Lendlease’s New York construction group has topped out 1520 First Ave., a 30-story medical office building in the Yorkville section of the Upper East Side. Developed by Extell Development Company, the 400,000 s/f facility, slated
Chick-fil-A breaks ground in Cutler Bay, FL
April 30, 2024
Cutelr Bay, FL Chick-fil-A is breaking ground for a new restaurant. Chick-fil-A’s Dustin Griffiths and Katz’s David Emihovich represented Chick-fil-A in the lease along with owner/developer Michael Berkowitz of Berkowitz Development Group and Landsea
Rambo named president of New York nonprofit Nontraditional Employment for Women
April 30, 2024
Manhattan, NY Leah Rambo has been named the president of Nontraditional Employment for Women (NEW]. The nonprofit prepares, trains, and places women in careers in the skilled construction, utility, and maintenance trades, helping women build meaningful
May 2024 NYS Commercial Assn. of Realtors president’s message - by Robert Strell
May 14, 2024
April 17-May 2, NYSCAR past president Edward Smith, Jr., instructed 22.5 hours of education with his CIREC course. The CIREC program is aimed at those practitioners entering the commercial real estate industry and as a refresher to those who have been in the business
Zaffram joins Hodgson Russ as partner in real estate & finance practice
May 14, 2024
Buffalo, NY Pietra Zaffram has joined Hodgson Russ LLP’s local office as a partner in its real estate & finance practice. Zaffram focuses her practice on federal and state
Stegner of CBRE Upstate brokers sale of former Medaille University Campus to Charter School Dev. Cor...
May 14, 2024
Buffalo, NY CBRE Upstate NY negotiated the sale of the nearly 14-acre campus that was previously home to Medaille University to Charter School Development Corp. (CSDC). “At CSDC, we are dedicated to eliminating barriers
Cushman & Wakefield promotes Kuppersmith to executive managing director
April 30, 2024
Melville, NY Cushman & Wakefield has promoted Rob Kuppersmith to executive managing director. In his new role, Kuppersmith will continue to be responsible for overseeing the strategic direction and operations of his team, focusing on driving continued growth and success
Coscia and Perlman of Largo secure $6 million bridge
loan for 272,900 s/f office - The Atrium
May 14, 2024
Buffalo, NY Kevin Coscia and Ned Perlman of Largo Real Estate Advisors, Inc. secured a $6 million bridge loan financing for a downtown building formerly known as The Atrium. The 7.65-acre property is improved with 272,900 s/f of office space and 597 surface parking spaces.
TAYLOR breaks ground for Choice Hotels
114-room extended stay Everhome Suites
May 14, 2024
Greece, NY TAYLOR broke ground on Everhome Suites. TAYLOR teamed with a national hospitality developer and Choice Hotels for construction of the four-story, 57,000 s/f, 114-room hotel located at 500 Bellwood Dr. in the Canal Ponds Business Park.
Breslin Realty introduces two new transit-oriented developments - The Langdon and The Grand at Baldw...
May 14, 2024
Lynbrook, NY Breslin Realty Development Corp. is constructing two multi-family mixed-use projects in Nassau County. These two transit-oriented developments (T.O.D.) entering the Long Island market have been positioned and designed to reinvigorate the
Suffolk IDA approves $137.4 million investment for The Ferncliff Hotel
May 14, 2024
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to assist The Ferncliff Hotel – 125 Spagnoli LLC to construct a 402,450 s/f building that will establish a four-story, 299 room luxury
Luckman of Forchelli Deegan Terrana elected 2024 IMA Long Island chapter president
May 14, 2024
Uniondale, NY Gerard Luckman, a partner and chair of Forchelli Deegan Terrana LLP’s bankruptcy & corporate restructuring practice group, was elected president of the Institute of Management Accountants’ (IMA) Long Island chapter. His
Hempstead IDA give preliminary OK to benefits for Valley Stream office to apartment conversion
May 14, 2024
Valley Stream, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said the agency granted preliminary approval to a package of economic development incentives that will assist a developer in gut-renovating an office
Hunt Corp. Commercial Real Estate Q&A: Presentation makes the difference - by David Hunt
May 14, 2024
“Sell the sizzle, not the steak” is an age-old axiom of marketing that can be applied to the sale or lease of commercial property. While it is true that no one is going to buy a multi-million-dollar commercial property because it has a beautiful lawn,
Brandel and Seidenberg of CBRE
named agent for 1.1 million s/f
May 14, 2024
Lake Success, NY CBRE has been appointed as the leasing agent for the Lake Success Quadrangle, a 1.1 million s/f class A medical and office complex. The 11-building property is home to ProHealth, Northwell Health, NYU Langone, Catholic Health Services,
Island Assocs. brokers two leases at 181 Freeman Ave. - 15,920 s/f
May 14, 2024
Islip, NY Island Associates (IA)negotiated two lease agreements at 181 Freeman Ave. Island Assocs. was able to negotiate a long-term lease with Pickleball Xpress. The new tenant invested resources into converting 9,920 s/f of the building
Racanelli Construction serving as general
contractor for 189-unit Alpine Residential
May 14, 2024
Hicksville, NY Racanelli Construction Company, Inc. is serving as the general contractor on the Alpine Residential 189-unit housing development. This project, which is part of groundbreaking $111.8 million downtown mixed-use revitalization project, will