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Unispace Group implements new leadership
January 30, 2024
Manhattan, NY As a partnership of brands bringing together the best professionals across design and construction to create spaces for workplace, life sciences, and brand-led environments, Unispace Group is bringing several key leadership updates
Fisher Brothers and J.P. Morgan reposition 1345 Ave. of the Americas
January 30, 2024
Manhattan, NY After the largest commercial lease in the U.S. – 765,000 s/f signed by law firm Paul, Weiss, Fisher Brothers and advised by J.P. Morgan Global Alternatives said that 1345 Avenue of the Americas is fully repositioned and over 90% leased.
JRM Construction builds immersive event space - Quorum by Convene
January 30, 2024
Manhattan, NY JRM Construction Management has completed Quorum by Convene, a meeting and event space located at 1221 Avenue of the Americas. Quorum by Convene serves as the signature conference space for White & Case
Lee & Associates NYC and ART STATE sell Clocktower’s bank hall for $18.2 million
January 30, 2024
Manhattan, NY Lee & Associates NYC and ART STATE LLC negotiated the sale of the bank hall located at 46 Lafayette St. in Tribeca’s Clocktower Building. Lee & Associates NYC represented ELAD Group, the seller. ART STATE LLC represented Jack
Due Diligence - by Kyle Scheiner
January 16, 2024
In a world where everything, from shopping to banking, is done on the internet, the ability to research due diligence effectively and quickly on real estate is a major asset to buyers, lenders, brokers, and attorneys
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Concrete Amsterdam wins 2023 BLT Built
Design award for 547 West 47th
January 30, 2024
Manhattan, NY 547 West 47th St., the transformative, move-in-ready luxury condominium located in the West Side, has been recognized as a winner of The 2023 BLT Built Design Awards in the “Architectural Design – Residential” category
Red Connect, in partnership with Hundred Stories, releases upcoming Red Awards winners
January 30, 2024
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.
New York City - A resilient market - by Shallini Mehra
January 30, 2024
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.
LERA’s “Towering Above Hunger” procures Amy J. Nanni award from Canstruction NY
January 30, 2024
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
Executive of the Month: Chang builds on her passion for sustainability and technology modernization ...
January 30, 2024
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.
Anchor Point Capital executes sale of Plaza Diamond Bar MXU office, retail assets in Los Angeles Cou...
January 30, 2024
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
Forchelli Deegan Terrana LLP partner Daniel Deegan elected to the Long Island Builders Institute’s...
January 16, 2024
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
Tranzonic Cos. names Vitale chief corporate development officer
January 30, 2024
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
NAI DiLeo-Bram arranges $8.55 sale of 69,750 s/f supermarket-anchored retail center
January 30, 2024
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
Urban Edge signs World Market to 19,265 s/f at Bergen Town Center
January 30, 2024
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
Time Equities expands portfolio with acquisition of 1840 Midwest Blvd. for $3.275 million
January 30, 2024
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
Houlihan Lawrence Commercial Q4 Market report: Westchester commercial market faced challenges and op...
January 30, 2024
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.
RKTB architect Bafitis receives AIA-NY
Citation of Design Excellence
January 30, 2024
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
Flora Salon to open with 10-year lease in 3,000 s/f space - designed by Sibilia
January 30, 2024
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.
AZA designs 17,000 s/f of luxury retail space for Versace and Michael Kors
January 30, 2024
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
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