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Twomey Latham elevates Reichert to partner
June 11, 2024
Riverhead, NY Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP has elevated Martha Reichert to the role of partner. She joined the firm in 2020 as an associate. In addition to being partner, Reichert is co-chair of the firm’s land use and zoning group. She
Suffolk IDA preliminarily approves investment and job retention commitment for Leviton Mfg.
June 11, 2024
Hauppauge, NY The Suffolk County Industrial Development Agency (SCIDA) has preliminarily approved a transaction to support Leviton Manufacturing Co., Inc. in retaining and improving their existing global headquarters at 210 N. Service Rd. With the SCIDA’s support, Leviton will commit to a lease extension
Raffa of Island Associates leases
1,000 s/f to XTech
June 11, 2024
Bay Shore, NY Robert Raffa from Island Associates leased up a roughly 1,000 s/f unit located in a 10,800 s/f industrial building at 333 North Spur Dr. to XTech Systems. XTech Systems designs and installs FDNY Auxiliary Radio Communication Systems (ARCS). These systems as of 2014 are a required system
Hunt Corp. Commercial Real Estate Q&A: Subleasing blues - by David Hunt
June 11, 2024
Your subleasing is probably difficult because of the short term left on your lease. A lease is a depreciating commodity, with its value falling sharply in the final years. Few companies want to incur the expense of moving, phone installation, computer systems, printing and the like, when these costs can only be
Kaufman Dolowich adds professional liability partners Turner and Myers in N.Y.
June 11, 2024
Woodbury, NY Kaufman Dolowich has added professional liability partners Ryan Turner and Jason Myers. Turner joins the New York City office and Myers joins the firm’s Long Island headquarters. “As we continue to grow our firm with highly regarded and influential practitioners in key practice areas, Ryan and Jason
CAMCO Commercial Real Estate completes
two industrial leases
June 11, 2024
Holbrook, NY CAMCO Commercial Real Estate LLC brokered leases for 91-1 and 91-4 Colin Dr. In February 2024, 496 Express Foods, Inc., a wholesaler of fresh fruits and vegetables to restaurants and grocers across Long Island, signed a long-term lease
Rosner of NAI Long Island negotiates $17.25
million sale of West Shopping Center
June 11, 2024
East Setauket, NY NAI Long Island managing principal Lee Rosner, CCIM, SIOR negotiated the first sale in 54 years of the 41,720 s/f West Shopping Center located at 198-250 Rte. 25A, on behalf of the seller, Dinoffer & Tobias LLC. NAI Long Island served as property manager and leasing agent
Reed joins Greystone as asst. vice president tax credit underwriter
June 11, 2024
Manhattan, NY Greystone’s Low Income Housing Tax Credit (LIHTC) syndication platform, Greystone Real Estate Capital, has added Jay Reed as an assistant vice president, Tax Credit Underwriter. In this role, he is responsible for the underwriting, financial modeling and closing of LIHTC
Williams Equities to elevate 28-40 West 23rd St. with new amenities
June 11, 2024
Manhattan, NY Williams Equities said that the private ownership group will start on a multi-million dollar capital improvements program for its 28-40 West 23rd St. property in the Flatiron District.
Hudson Gateway Realtor Foundation donates $1,000 to Home for Heros
June 11, 2024
White Plains, NY The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, presented a check for $1,000 to Rockland Homes for Heroes. Rockland Homes for Heroes is a 501c3 charitable organization that develops permanent supportive housing for honorably discharged
Conrad leases 2,587 s/f furniture showroom to Giancarlo Valle
June 11, 2024
Manhattan, NY Giancarlo Valle leased 2,587 s/f at 50 Lispenard St. for a furniture showroom. The showroom will occupy the ground floor and basement.
Steinberg of Lee & Assocs. NYC leases 4,800 s/f to My Gym
June 11, 2024
Brooklyn, NY Lee & Associates NYC represented My Gym in the signing of a 4,800 s/f lease for its third location in the borough, situated on the mezzanine level at City Point, 445 Albee Sq.
Cosentino and Norris of TerraCRG sell 556 Vanderbilt Ave. for $2.52 million
June 11, 2024
Brooklyn, NY TerraCRG brokered the sale of the 3,000 s/f mixed-use building at 556 Vanderbilt Ave.located in Prospect Heights. Matthew Cosentino and Remi Norris of TerraCRG exclusively brokered the transaction for a sale price of $2.52 million.
Stenson of Brax Realty closes five-unit building for $6.093 million
June 11, 2024
Manhattan, NY Alan Stenson, senior director of Brax Realty exclusively represented the seller and also procured the buyer in the sale of 27 East 37th St. in Murray Hill for $6.093 million. This property is a five-unit elevator building with all free market tenancy.
Monadnock Development inks 3,000 s/f lease with School of Rock at 300 Huntington
June 11, 2024
Brooklyn, NY Monadnock Development has signed a 3,000 s/f lease with School of Rock, the global leader in music education for kids and adults, at 300 Huntington, a 136,000 s/f commercial mixed-use development in Gowanus/Carroll Gardens. Upon move-in later this summer, School of Rock will utilize
Castle Lanterra awards four new scholarships
June 11, 2024
Suffern, NY Castle Lanterra (CL), a national real estate investment firm, has awarded four new scholarships to residents at its properties across the country that are enrolling in undergraduate or graduate programs. 2024 marks the eighth consecutive year of the scholarship program, which assists current
Metropolitan Transportation Authority unveils six new retail and culinary tenants coming to Grand Ce...
June 11, 2024
Manhattan, NY The Metropolitan Transportation Authority (MTA) made known six new tenants are coming to Grand Central Terminal in 2024. The newly signed tenants represent a mix of industry innovators, eating and drinking destinations, and lifestyle retail brands.
The Moinian Group leases 18,000 s/f in five West Gramercy Assocs.’ locations
June 11, 2024
Manhattan, NY The Moinian Group has signed 18,000 s/f of new leases across five properties in the Flatiron district. Gabriel Whitman, vice president of commercial leasing at The Moinian Group and Gregg Weisser, director of commercial and retail real estate
Planit of Winick represents TF Cornerstone in Naked Perfection Spa lease
June 11, 2024
Brooklyn, NY Naked Perfection Spa has signed a new lease at the ground floor of 33 Bond St. This is the medspas first and only brick and mortar location. Representing TF Cornerstone (TFC), Spencer Planit of Winick Realty Group assisted Naked Perfection Spa’s new 1,037 s/f, 15-year lease.
Ball and Singer of Retail by MONA secure three leases at 2273-2279 Broadway totaling 13,600 s/f
June 11, 2024
Manhattan, NY Retail by MONA, hired to replace Cushman & Wakefield as agent for 2273-2279 Bdwy., has leased the entire property in totality in one year’s time. Spear, Grape Stomper Cannabis House, and an undisclosed major national financial institution, have secured long-term leases
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