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GFP Real Estate leases 7,443 s/f to Huntington’s Disease Society of America at 505 Eighth Ave.
January 30, 2024
Manhattan, NY According to GFP Real Estate, LLC the Huntington’s Disease Society of America (HDSA), a nonprofit organization dedicated to improving the lives of those affected by Huntington’s disease, has signed a 10-year lease extension for 7,443 s/f of
AIA New York welcomes 2024 board of directors
January 30, 2024
Manhattan, NY AIA New York welcomed its 2024 board of directors at the annual Board Inaugural. executive director Jesse Lazar, and 2023 president Matthew Bremer, AIA, NCARB, began the evening by celebrating this year’s achievements.
Archdiocese of NY leases 142,308 s/f at
Feil Organization’s 488 Madison
January 30, 2024
Manhattan, NY The Feil Organization said that the Archdiocese of New York has signed a 30-year, 142,308 s/f lease at 488 Madison. The turnkey space encompasses the entire third through seventh floors. This deal brings the 447,000 s/f Midtown tower to over 90% leased.
Brand Urban leases 2,000 s/f to WTHN
January 30, 2024
Brooklyn, NY WTHN, the holistic wellness brand and modern acupuncture studio has opened its 2,000 s/f location in Williamsburg. Located at 97 North 10th St., the new store marks the brand’s second flagship location and its entrance into the market.
Entwistle of ACC Space brokers four leases totaling 20,200 s/f
January 30, 2024
Queens, NY Chip Entwistle of ACC Space Inc. negotiated four leases totaling 20,200 s/f. Metro Dermatalogy leased 5,000 s/f at Glen Oaks Shopping Center, 257-07 Union Tpke., Glen Oaks. Randy Briskin of The Feil Organization
Voyentzie joins Greystone Low Income Housing Tax Credit syndication
January 30, 2024
Manhattan, NY Greg Voyentzie has joined Greystone as head of a new Low Income Housing Tax Credit (LIHTC) syndication platform that will support the development and construction of new affordable housing across the nation. The platform will further expand relationships
Morrison Foerster elects 27 lawyers to partnership
January 30, 2024
Manhattan, NY Morrison Foerster elected 27 lawyers to the firm’s partnership, effective January 1, 2024. The class of 2024 includes lawyers from 13 practice groups.
Top 2023 legal developments affecting New York’s commercial real estate industry - by Thomas Kearn...
January 30, 2024
2023 was a year of dramatically increased interest rate pressure on commercial real estate caused by the Federal Reserve’s actions to curb inflation. The rate environment resulted in reduced level of transactions but legislatures and regulators continued to pass laws
OPEN Impact Real Estate secures 50,000 s/f for Catholic Guardian Services
January 30, 2024
Bronx, NY OPEN Impact Real Estate (OPEN), a woman-owned commercial real estate services company specializing in non-profit organizations, has secured a 50,000 s/f extension for Catholic Guardian Services. This extension is part of a two-transaction
David Yurman expands headquarters to 150,000 s/f at Hudson Square Properties’ 200 Hudson St.
January 30, 2024
Manhattan, NY Hudson Square Properties (HSP), a joint venture of Trinity Church Wall Street, Norges Bank Investment Management, and Hines, said that David Yurman signed a long-term lease renewal and expansion for its headquarters at 200 Hudson St. The new lease
Society for Marketing Professional Services New York Chapter to host panel discussion on Feb. 21
January 30, 2024
Manhattan, NY Join the Society for Marketing Professional Services New York Chapter (SMPS-NY) for a panel discussion “The Power of Public Relations & Digital Marketing” scheduled for February 21, from 5-7 pm at the Cosentino showroom, located at 150 E 58th St.
ATCO signs Caudalie to 14,000 s/f lease at 381 Park Ave. South
January 30, 2024
Manhattan, NY ATCO Properties & Management made known that Caudalie Inc., a French skincare company, is establishing its new U.S. headquarters at 381 Park Ave. South in the city’s Midtown South office district. Caudalie relocated from its offices at 70 West 36th St. to a full
Colliers arranges 60,000 s/f lease at 320 Park Ave.
January 30, 2024
Manhattan, NY Colliers has secured a new lease to be occupied by Flagstar Private Bank, a core business unit of Flagstar Bank, N.A., at 320 Park Ave. A Colliers team consisting of tri-state president Michael Cohen, executive vice president Howard Kaplowitz
The Moinian Group’s 535 Fifth Ave. reaches 100% retail occupancy with 5,200 s/f lease to Paris Sai...
January 30, 2024
Manhattan, NY The Moinian Group have reached 100% retail occupancy at 535 Fifth Ave., an office and retail property with the recent signing of a 5,200 s/f, 10-year lease with Paris Saint-Germain, the Paris-based professional football club.
Avison Young sells 803 Madison Ave. to 1031 investor - $14.5 million
January 30, 2024
Manhattan, NY Avison Young has arranged the sale of a vacant retail and office property at 803 Madison Ave. on behalf of property owner Philip Sprayregen for $14.5 million. The 8,577 s/f property containing retail and office space was delivered vacant, previously occupied
BOMA Westchester holds annual state of
the market luncheon
January 30, 2024
White Plains, NY More than 100 commercial property owners and brokers were on hand for the annual state of the market luncheon presented by the Building Owners and Managers Association of Westchester (BOMA). The event was held January 10th at 360 Hamilton
Farrell and McCabe to lead Sahn Ward’s Suffolk office
January 16, 2024
Hauppauge, NY John Farrell and Edward McCabe, two of Sahn Ward’s most experienced attorneys, lead the Firm’s Suffolk County office, located at 1300 Veterans Memorial Hwy. The Firm opened the Suffolk office in 2018 to serve its clients
New York State sales tax considerations for the commercial real estate industry - by Sapna Pillai
January 16, 2024
Commercial property owners should be aware of the rules and regulations governing the complex sales and use tax issues that affect the New York commercial real estate industry. These include the taxability
Rand Commercial completes sale of two parcels for $6.73 million
January 16, 2024
Montebello, NY Rand Commercial completed the sale of two parcels at 100 and 300 Rella Blvd. (55.08-1-5 and 1-6) sold to Montvale, NJ-based Rella Owner LLC. The two parcels, totaling 19.34+/-acres sold for $6.73 million
CoreNet Global NYC hosts New Year’s
Party and Star Volunteer Awards
January 30, 2024
Manhattan, NY CoreNet Global NYC hosted its annual New Year’s Party on January 11th at Gotham Hall. The event, attended by over 350 members of the CoreNet Global NYC Chapter, showcased an evening of networking, as well as the Star Volunteer Awards,