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Real Estate Rockers in Relief returns to Irving Plaza for 10th annual night of live music and networ...
August 15, 2023
Manhattan, NY Real Estate Rockers in Relief is returning for its 10th annual benefit concert, bringing down the house once again at Irving Plaza on September 13th. This annual event will bring together the most prominent real estate moguls in New York for a night featuring multiple bands
HKS Real Estate Advisors has completed the sale of a development site at 360 West 52nd St.
August 15, 2023
Manhattan, NY HKS Real Estate Advisors announced the successful sale of the development site at 360 West 52nd Street for $3.35 million ($362 per s/f). This transaction, led by Cadence Development in partnership with HOH Capital Partners and Deal Lake Capital, marks a significant expansion
Horner joins AMA Group as principal of ALD Lighting
August 15, 2023
Manhattan, NY AMA Group, an industry leading engineering firm dedicated to providing best-in-class design and implementation for a variety of project types nationwide, announced that Stephen Horner has joined the team as principal of the East Coast Lighting Design Business Unit
The Paradox Museum, built by JRM Construction Management, has opened to the public
August 15, 2023
East Rutherford, NJ The Paradox Museum has finally been completed and is ready for visitors. Built out by JRM Construction, the museum features over 70 interactive exhibits for guests to immerse themselves in and enjoy. Located at The American Dream Mall
From Chaos To Clarity: Multifamily Property Managers Streamline Operations With End-To-End Solution ...
August 15, 2023
Managing multifamily properties has never been more complex, with ever-changing regulations, apartment repairs, and resident demands forcing property managers to become adept jugglers. Yet the industry has mostly lagged when it comes to automation and technology in general, with most offices still mired in excessive paperwork, inefficiencies, and separate systems for different tasks
Nominate someone for the 2023 Women in Commercial Real Estate Spotlight TODAY!
August 15, 2023
We are now accepting nominations and reservations for our WOMEN IN COMMERCIAL REAL ESTATE Spotlight! Scheduled to publish in our September 26th issue, this annual spotlight will recognize noteworthy accomplishments and praiseworthy contributions of women currently working in New York's commercial real estate industry. Don't miss this opportunity to highlight a rising star, trailblazer
DeSimone Consulting Engineering acquires UK structural engineering firm DP Squared
August 15, 2023
Boston, MA Leading full-service engineering firm, DeSimone Consulting Engineering, with offices worldwide, has acquired structural engineering firm, DP Squared Ltd. The acquisition builds upon the company’s United Kingdom
Institutional Property Advisors closes $61 million multifamily asset sale
August 15, 2023
Goodyear, AZ Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Cabana Encanto, a 286-unit attainable housing asset. The $61 million sale price represents $213,287 per unit and $354 per s/f.
Slate Property Group secures $85 million refinancing for Dutch House
August 15, 2023
Long Island City, NY Slate Property Group (“Slate”), an owner, operator, developer and lender, primarily focused on multifamily in the New York metropolitan area, has closed on an $85 million
The Feil Organization signs 19,326 s/f lease with Lockton Re at 261 Fifth Ave.
August 15, 2023
Manhattan, NY The Feil Organization, a premier national real estate investment firm, announced that it has signed a 10-year, 19,326 s/f lease with Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker across the entire 10th floor of
ATCO Properties & Management completes six new renewals totaling 30,000 s/f
August 15, 2023
Manhattan, NY ATCO Properties & Management announced that six of its current office tenants have signed lease renewals totaling 29,668 s/f across three midtown properties: 555 Fifth Ave., 630 Third Ave
Crown Heights Building sold by ERG Commercial Real Estate
August 15, 2023
Brooklyn, NY ERG Commercial Real Estate announced the sale of a six-unit multifamily building for $800,000. The 7,308 s/f three-story building at 1251 Lincoln Pl. is a fully rent stabilized building built in 1908. It sold for a cap rate of 7.9%; $133,333 price per unit and $109 price
MAG Partners announces refinancing for Ruby, a 480-unit residential tower
August 15, 2023
Manhattan, NY MAG Partners has secured a $196 million loan from funds managed by Elliott Investment Management L.P., in joint venture with an investment platform formed by Adi Chugh, to refinance Ruby, a luxury rental building that began leasing in late March
Houlihan Lawrence Commercial Division facilitates sale of 19 Odell Ave for $1.19 million
August 15, 2023
White Plains, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a leading real estate firm serving New York City’s northern suburbs, has brokered the sale of a 10-unit multifamily building located at 19 Odell Ave., for $1.19 million
Cushman & Wakefield arranges 4,518 s/f lease for Raising Cane’s
August 15, 2023
Queens, NY Cushman & Wakefield announced that the real estate services firm has arranged a 4,518 s/f lease for Raising Cane’s at 39-20 Main St. The tenant will occupy space on the ground, mezzanine and lower levels of the property
Simone Development maintenance tech Aguilar wins BOMA Westchester 2023 Unsung Heroes award
August 15, 2023
Yonkers, NY Simone Development Companies announced that Jose Aguilar, a maintenance technician at the firm’s Boyce Thompson Center mixed-use medical and retail development, has been awarded the BOMA Westchester “Unsung Hero” award for his dedication
Newmark signs Parisian Hospitality Group to 6 West 24th St.
August 15, 2023
Manhattan, NY Newmark Retail announces it has secured a new 5,400 s/f mixed-use lease for renowned hospitality operator Compagnie des Vins Surnaturels at 6 West 24th St. The lease comprises a 3,600 s/f, street-level restaurant space to house the group’s new hospitality concept,
Landau Properties closes on $29 million construction loan for Indian Creek Residences & Yacht Club
August 15, 2023
Miami, FL Landau Properties, a real estate development firm based in New York and South Florida, announced a significant construction loan for the upcoming Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands. Landau Properties
Fisher Brothers announces 18,000 s/f lease at 299 Park Ave.
August 15, 2023
Manhattan, NY Fisher Brothers, a fourth-generation real estate firm that owns, manages and operates unique spaces across the country, announced that Oak View Group, LLC (“OVG”), a sports and entertainment advisory, development and investment company, has signed a 10-year, 18,187 s/f lease at 299 Park Avenue. OVG will partially occupy the 20th floor within the newly
Heller Organization leases 95% of market rate units at Parkside Manor
August 15, 2023
Queens, NY Parkside Manor, a dazzling new 90-unit, multi-family development at 148-33 90th Ave., has leased 95% of its market rate residences in just over two months on the market. Developed by ZD Jasper Realty, in partnership with The Heller Organization, which was