Manhattan, NY Selman Yalcin, president of Red Connect, has released the upcoming Red (Real Estate Development) Awards celebrating top talent in real estate and construction, with many from New York and South Florida.
As we have seen time and again, the real estate market is a resilient one. Despite the headwinds of high interest rates in 2023, we noted the following examples of the market’s perseverance this year and themes that persist in both strong and weak markets.
Manhattan, NY LERA Consulting Structural Engineers’ (LERA) entry for the 31st installation of Canstruction New York, titled “Towering Above Hunger” has won the inaugural Amy J. Nanni award
Queens, NY Lelina Chang is the president and CEO of GAMCO Corporation, one of the earliest market players in the commercial fenestration manufacturing industry within the tri-state area and one of the largest family-owned employers in Flushing with over 60+ team members.
Diamond Bar, CA Anchor Point Capital arranged the $12.2 million sale of Plaza Diamond Bar, a two-building property located in Los Angeles County on a site along the 57 Freeway corridor between the San Gabriel Valley and Orange County. The transaction included
Uniondale, NY According to Forchelli Deegan Terrana LLP, Daniel Deegan, a partner and chair of the firm’s IDA Benefits and Government Incentives practice group, was elected to the Long Island Builders Institute’s Board of Directors
Cleveland, OH The Tranzonic Companies has named Joe Vitale to the newly created role of chief corporate development officer. Vitale will provide strategic direction and leadership as the business expands through acquisitions, investments, and partnerships, and will
Middlesex, NJ NAI DiLeo-Bram & Co. (NAIDB) senior vice president Marc Shein has orchestrated the $8.55 million sale of a 69,750 s/f supermarket-anchored retail center on behalf of an unnamed seller. Following the sale, the retail center’s fully renovated supermarket space opened
Paramus, NJ According to Urban Edge Properties, World Market has signed a long-term lease at Bergen Town Center for a ground level store facing Rte. 4. The new 19,265 s/f store joins HomeGoods, Marshalls, Burlington and Target, expanding the property’s selection of gifts and
Indianapolis, IN Time Equities, Inc. (TEI) acquired 1840 Midwest Blvd. (1840 Midwest), a 55,000 s/f industrial warehouse for $3.275 million. “The purchase of 1840 Midwest presented TEI with an
Rye Brook, NY Westchester’s commercial real estate market faced numerous challenges and opportunities in 2023, according to the Houlihan Lawrence Commercial Q4 Market report.
Bronx, NY Peter Bafitis, managing principal of RKTB Architects, has been newly honored for his commitment to shaping how his professional community thinks about housing. The New York Chapter of the American Institute of Architects (AIA-NY) recently awarded
Brooklyn, NY Flora Salon, slated to open its doors in March 2024, has found its home in Williamsburg. The hair salon signed a 10-year commercial lease with a five-year option to extend at 89 Kent Ave., a 3,000 s/f space with 24-ft. ceilings.
Manhattan, NY Alexander Zilberman Architecture (AZA) recent projects include works with Michael Kors, Versace, and Jimmy Choo, among others. AZA was the lead architect on a new boutique for Versace
Manhattan, NY On January 8, a jury of independent architects, educators, and planners from outside New York City convened to select the winners of the 2024 AIA New York Design Awards. Later that evening, the jurors publicly announced the 22 winning projects
Manhattan, NY Central Construction Management, LLC, a full-service construction company specializing in exterior building restoration services, has begun a core-and-shell restoration of a 75,000 s/f seven-story parking garage at 14-26 South William St.
New York, NY Urbahn Architects has launched Urbahn International, a new affiliate to focus on public, commercial, hospitality, multi-family, healthcare, educational and institutional work globally. Urbahn International will operate in both New York City and Jakarta, Indonesia.
Manhattan, NY LCOR, a real estate development and investment firm, promoted of Nick Pasquenza to senior vice president of construction and development. Pasquenza first joined the firm in 2019
Manhattan, NY Syska Hennessy Group, the international engineering firm, has appointed Darren Alfano, CPA, as chief financial officer. He is based in the firm’s New York City headquarters.
Manhattan, NY IMC Architecture’s interior design studio completed a new Le Café Coffee location and other alterations and upgrades at One Dag. Located at 885 Second Ave., between Grand Central Terminal and the United Nations headquarters