Search
Story results for:
WiredScore marks 10 years of setting technology standards in the built world
November 14, 2023
Manhattan, NY WiredScore, the firm setting the global standard for technology in the built world, is celebrating 10 years of dedicated service to the commercial real estate industry. WiredScore recognizes and promotes best-class-connectivity
Houlihan Lawrence releases Q3 commercial market report
November 14, 2023
Rye Brook, NY The Westchester County commercial market continues to show mixed results with multifamily and industrial/flex markets performing well while office sector continues to struggle and retail leasing weakens, according to the Houlihan Lawrence Q3 Commercial Market Report.
Soloviev Group proposes 513 units of affordable housing units at Freedom Plaza
November 14, 2023
Manhattan, NY Soloviev Group plans include 513 permanently affordable housing units as part of the proposed Freedom Plaza mixed-use development and public open space plan. Spanning more than six-acres from 38th to 41st St, east
GFP Real Estate completes $24 million refinance of 120,000 s/f 5-9 Union Sq. West
November 14, 2023
Manhattan, NY GFP Real Estate, LLC closed a $24 million loan for the refinancing of 5-9 Union Sq. West, an eight-story, 120,000 s/f, 100% leased office building located Union Sq.
Jack Resnick & Sons inks retail lease with Club Pilates at 850 Second Ave.
November 14, 2023
Manhattan, NY Jack Resnick & Sons negotiated a 10-year, 3,500 s/f lease with Club Pilates, open on the ground floor of The Delegate, a condominium tower built by Resnick, at the corner of Second Ave. and 45th St. in Midtown East.
Rockabill Consulting secures $47.2 million to convert former nursing home into affordable senior hou...
November 14, 2023
Yonkers, NY Rockabill Consulting has secured $47.2 million on behalf of the nonprofit Finian Sullivan Corp. (FSC) to finance the acquisition and adaptive reuse of the former Convent of Mary the Queen nursing home. FSC is the owner
Davidson of Transwestern Real Estate Services brokers 2,800 s/f lease for Republic Capital Group
November 14, 2023
Manhattan, NY Transwestern Real Estate Services (TRS) brokered the headquarters lease for Republic Capital Group at 50 Rockefeller Plaza. Lauren Davidson, senior vice president at Transwestern, represented the investment bank
Cushman & Wakefield leases 8,280 s/f at 39 Bdwy. to New York Cares
November 14, 2023
Manhattan, NY According to Cushman & Wakefield, New York Cares, the largest volunteer network in New York City, has signed an 8,280 s/f lease at 39 Bdwy. The nonprofit will occupy the entire 27th floor.
Monday Properties acquires 120,000 s/f 1 Half Moon Bay Dr.
November 14, 2023
Croton-On-Hudson, NY Monday Properties has acquired 1 Half Moon Bay Dr. in Westchester County. In partnership with Nexjen Real Estate and KPR Centers, the deal marks Monday’s first industrial acquisition as it continues to diversify into various asset
Cresa relocates Vector Media to 845 Third Ave.
November 14, 2023
Manhattan, NY Cresa principal Gregg Cohen and vice president Nicholas Markel have arranged the lease for Vector Media’s new offices at 845 Third Ave., a 21-story, mid-century modern, class-A office tower located between 51st and 52nd Sts.
ABS Partners Real Estate holds event/party at 200 Park Ave. South
November 14, 2023
Manhattan, NY About 200 brokers, clients, employees and guests attended ABS Partners Real Estate evening event/party unveiling ABS’ extensive plans for 200 Park Ave. South and its other New York City properties.
The Moinian Group’s 535 Fifth Ave. reaches 90% occupancy
November 14, 2023
Manhattan, NY The Moinian Group said that its 535 Fifth Ave. office and retail property in Midtown has now reached 90% leased, with tenant Altice USA taking the entire 23rd floor.
Westchester LDC votes preliminary approval of $52 million tax-exempt bond for redevelopment of 187,0...
November 14, 2023
Rye, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval on October 20th of $52 million in tax-exempt bond financing for the redevelopment of the former Avon headquarters into a 187,000 s/f facility
Ariel Property Advisors capital services team closes $20 million in loans
November 14, 2023
Brooklyn, NY The capital services group for Ariel Property Advisors (Ariel) recently arranged five loans totaling more than $20 million to finance the construction, acquisition and refinancing of properties throughout the borough.
Polsinelli of Compass sells Rubie’s Costume Co.
site for $18 million
November 14, 2023
Queens, NY In a transaction that marks the end of a 50-year era, Adelaide Polsinelli, vice chairman of Compass, in collaboration with Michael Cardillo, also of Compass, arranged the sale of an industrial property located at 120-08, 120-30 Jamaica Ave.,
The art of the interview in 2023 - by Harry Zlokower
November 14, 2023
There was a time when one-on-one press interviews were often in-person meetings over lunch, cocktails or coffee, or by telephone. Now, much is done in writing via e-mail or social media. That is not to say “in-person” does not happen, but with reporters working
EJS Group closes on $112.5 million construction loan
November 14, 2023
Manhattan, NY EJS Group has closed a construction loan for its 200 East 75th St. project on the Upper East Side. Bank OZK provided a $112.5 million financing package for the residential property, which will include 36 condominium residences
Newmark advises BREIT on $2.2 billion sale of Simply
November 14, 2023
New York, NY Newmark Group, Inc. served as the co-lead advisor to Blackstone Real Estate Income Trust, Inc. (BREIT) on its sale of Simply Self Storage (Simply) to Public Storage for $2.2 billion. Newmark’s capital markets national
CBRE arranges new office leases totaling 24,688 s/f at 575 Madison Ave.
November 14, 2023
Manhattan, NY CBRE has completed four new office leases totaling 24,688 s/f at 575 Madison Ave., an office property at the intersection of 57th St. and Madison Ave. and owned by Steinberg & Pokoik.
Avison Young sells 17,000 s/f office building for $19.5 million to Ramirez & Co
November 14, 2023
Manhattan, NY Avison Young has arranged the sale of a 17,000 s/f office building at 14 East 52nd St. on behalf of Inmoprisa USA, Inc. for $19.5 million. The building’s former occupant, Pronovias, a wedding dress company, vacated