Search
Story results for:
Ariel Property Advisors hires Schwartz, Schlegel, Yuhjtman and Brody; expands investment sales and ...
July 11, 2023
Manhattan, NY Ariel Property Advisors (Ariel) made several new hires, expanding the commercial real estate services and advisory firm’s investment sales and capital advisory teams.
Cushman & Wakefield leases 5,700 s/f at 360 Madison Ave.
July 11, 2023
Manhattan, NY Cushman & Wakefield arranged a long-term, 5,700 s/f lease for Mori Hamada & Matsumoto at Stawski Partners’ 360 Madison Ave. The full-service international law firm will occupy the 24th floor.
JLL represents landlord in Eton relocation to 330 Madison Ave.
July 11, 2023
Manhattan, NY MEAG, Munich Re’s asset manager, said that Swedish men’s shirts brand Eton has leased a ground floor retail space at 330 Madison Ave., the class A, 852,000 s/f tower that is 95% leased to tenants including Guggenheim Partners, JLL and Munich Re Group.
Weisbard joins Seyfarth Shaw as partner
July 11, 2023
Manhattan, NY Neil Weisbard has joined Seyfarth Shaw LLP as a partner, enhancing its real estate department in New York. Weisbard brings to Seyfarth extensive experience in land use, zoning, and administrative law matters, and securing construction
Feil Organization leases 7,896 s/f to First Look Media
July 11, 2023
Manhattan, NY The Feil Organization signed a five-year, 7,896 s/f lease with First Look Media across the entire 10th floor at 853 Bdwy. First Look Media’s new 10th-floor space is a new pre-built
Fordham Real Estate Institute honors
Gilmartin, Levine, and Fusco
July 11, 2023
Manhattan, NY Top industry professionals came together to celebrate three real estate colleagues who are changing New York City’s landscape and to support the real estate leaders of tomorrow at an event hosted by Fordham University’s Real Estate Institute (REI).
Sparks and Goldberger of GFI Realty Services sell $3.2 5million 23-unit multifamily property
July 11, 2023
Brooklyn, NY GFI Realty Services, LLC brokered the $3.25 million sale of 1113 Avenue O, a multifamily building comprised of 23 units located in the Midwood section of the city. GFI Realty senior managing director Matthew Sparks, represented the seller Santa Rosa Realty, and Moshe Goldberger
Mastromonaco of Atlantic Retail reps. Life Time in 53,000 s/f lease at Vornando’s PENN 1 building
July 11, 2023
Manhattan, NY Life Time is entering into a lease agreement with Vornado Realty Trust to occupy more than 53,000 s/f on the first three floors of the redeveloped 57-story PENN 1, located adjacent to Madison Square Garden.
JLL closes $80m land recapitalization and vertical equity capitalization for 499 President St. proje...
July 11, 2023
Brooklyn, NY JLL Capital Markets has closed an $80 million land recapitalization and arranged the equity capitalization for the development of a mixed-use community at 499 President St. The community will feature 350 apartments and 20,000 s/f of ground-floor retail.
Black Bear Capital Partners arranges
$58 million refinancing for 503-511 Broadway
July 11, 2023
Manhattan, NY Black Bear Capital Partners (BBCP), a subsidiary of Black Bear Asset Management (BBAM), has arranged $58 million in financing on behalf of HSR Corp. for the refinance of a class-A, office building with ground-floor retail.
Study outlines role of manufactured homes in NYS housing crisis
July 11, 2023
Albany, NY More than 20 million Americans live in manufactured housing, according to the U.S. Census Bureau. That’s more than in public housing and federally subsidized rental housing combined.
Cleeman Realty sells 77,000 s/f Grand Union for $12.2 million
July 11, 2023
Cortland, NY Cleeman Realty negotiated the recent sale of a prime net lease Grand Union supermarket located on NY-281. The property, spanning 77,000 s/f on 11.1 acres, was sold for a remarkable $12.2 million. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented
NYSCAR upcoming professional development classes via Zoom
July 11, 2023
Education is everything! We are pleased to offer the following classes free of charge to NYSCAR members. • August 17-18, Working with Office, Retail and Industrial Bldgs., Leases and Green Concepts, (7.5 hours) Edward S. Smith, Jr.
NYSCAR's 21st Annual Conference had something for everyone - by Robert Strell
July 11, 2023
I am very pleased to report that the 21st Annual Conference held June 14-16, 2023 at the Turning Stone Resort and Casino in Verona, New York was a great success! The event was sponsored by the NYS Commercial Association of Realtors, Upstate New York Chapter of CCIM and the Society of
Second annual Black Excellence Awards held on June 16
July 11, 2023
Binghamton, NY The Black Excellence Awards Committee hosted the second annual Black Excellence Awards, June 16, 2023 at the DoubleTree by Hilton. The awards this year honored 19 individuals across 17 different categories for their exceptional contributions in various trades
Muroff Hospitality sells A&W All American Food restaurant
July 11, 2023
Lake George, NY Muroff Hospitality Group negotiated the sale of the A&W All American Food; 2208 US-9. This drive-in restaurant has been a family-friendly mainstay since 1959.
Marcus & Millichap sells 87,093 s/f
Pine Plaza for $8.14 million
July 11, 2023
Niagara Falls, NY Marcus & Millichap negotiated the sale of Pine Plaza, a 87,093 s/f neighborhood shopping center located at 8207 Niagara Falls Blvd. The asset sold for $8.14 million.
Vogel of Largo Capital arranges first mortgage for 473 unit self-storage facility
July 11, 2023
Buffalo, NY Stephanie Vogel, COO of Largo Capital, secured a permanent first mortgage to refinance the existing debt and closing costs for an established self-storage property within Buffalo’s metropolitan statistical areas.
Tudor Collins brokers two sales - 15,256 s/f
July 11, 2023
Cheektowaga, NY Patricia Collins, broker/owner of Tudor Collins Commercial Real Estate brokered two sale transactions totaling over $860,000. 3620 Harlem Rd. (Cardinal Building) was sold for $647,500. The seller was Shaw Partners and the buyer
Upstate NY Chapter of Appraisal Institute to hold CE courses in October, November and December
July 11, 2023
Utica, NY The Upstate New York Chapter of the Appraisal Institute has had an active education calendar for real estate appraisers again in 2023 for continuing education (CE) with upcoming seminars in October, November and December.