Manhattan, NY JLL said that commercial real estate veteran Michael Colacino has joined the firm as president, Tri-State Brokerage. Colacino will be based in Manhattan and will lead corporate brokerage and consulting services
Brooklyn, NY Marcus & Millichap sold a multifamily apartment building at 923 Bedford Ave. The property sold for $3.35 million. “This sale represents the continued strengthening demand for free-market
Fort Drum, NY Lendlease yesterday celebrated the grand opening of an outdoor ice skating rink that will be a new “winter wonderland” amenity for service members and their families living in the Monument Ridge housing area at Fort Drum
Jersey City, NJ JLL arranged a long-term lease for RegenLab USA at 95 Greene St., the new lab-ready life sciences property developed by Thor Equities Group.
Manhattan, NY Vanbarton Group, a privately owned, vertically integrated real estate development, investment and advisory firm, unveiled the leasing launch for Pearl House, a transformative residential project in the Seaport district. This development represents the largest office-to-residential conversion
Brooklyn, NY 60 Wharf Drive, the new 40-story tower located within the seven-acre West Wharf complex at the border of Greenpoint and Williamsburg, has opened the Harbor House, a private resident club curated by award-winning hospitality designer Peter McGinley. Comprising more than 60,000 s/f of spa, exercise, entertainment, and business amenities on four floors
Brooklyn, NY MODU - a New York-based multidisciplinary firm whose work lies at the intersection of design, ecology and data - designed a new 15,000 s/f retail and office building using a series of innovative cooling techniques including self-cooling walls to mitigate the effects of Houston’s hot climate.
Manhattan, NY This year’s Fried Frank Real Estate Holiday Party welcomed more than 850 guests to Cipriani 42nd Street on December 5th. Hosted by Fried Frank’s market-leading Real Estate Department and Jonathan Mechanic, chairman of the firm’s Real Estate Department
Uniondale, NY Forchelli Deegan Terrana LLP (“FDT”) is hiring Jonathan Weiss to the firm’s Tax, Trusts & Estates practice group as an associate. He was also a recipient
East Rutherford, NJ JRM Construction Management has been selected as the construction services provider for performance luxury brand, Canada Goose, on the interior of their new retail boutique at the American Dream destination
Manhattan, NY Loring Consulting Engineers, Inc. has promoted Oneil Gayle, PE, CEA, CEM, CBCP, LEED AP, to CEO. Michael DesRochers will retain the title of chairman. Gayle, DesRochers, and Steve Kenah will continue in their roles as Loring’s Executive Committee,
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Janover’s most notable transaction in 2023 was our joining Armanino LLP. Armanino is a fantastic national CPA and consulting firm which started in
What person, project, transaction, or market trend had the greatest impact on your industry this year? More than $16 billion in loans backed by NYC CRE were set to mature this year, impacting some high-profile office buildings. Much of my work this year involved
What person, project, transaction, or market trend had the greatest impact on your industry this year? With courts increasingly moving their dockets, this has been a year of working on and resolving years-old disputes between landlords and tenants.
What person, project, transaction, or market trend had the greatest impact on your industry this year? Unquestionably, rising interest rates had the greatest impact on business. Transaction volume, across property types and locations, decreased significantly due to
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? In 2023, I am proud to highlight the successful $53 million transformation of 767 Third Ave. The revamped lobby and beautifully designed amenity space, Oasis,
What person, project, transaction, or market trend had the greatest impact on your industry this year? Preparation for Local Law 97 compliance has had a tremendous impact on existing market rate properties this year. During 2023, I engaged in Local Law 97 consulting
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? The East Midtown Greenway, nearing completion, is a leading example of resilient and sustainable construction. A standout in our NY portfolio, the project will
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Assuming the lead role in acquisitions for Jafri Capital stands out as my most significant professional achievement. Spearheading the assessment of CRE investment
What person, project, transaction, or market trend had the greatest impact on your industry this year? The post-pandemic world has seen a number of market trends that negatively affected real estate and construction, both in the residential and commercial markets.