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Cleeman Realty Group arranges 12th Winn Dixie closing since last year

Cleeman Realty Group arranges 12th Winn Dixie closing since last year

September 26, 2023
Theodore, AL Cleeman Realty Group brokered the $4.4444 million sale of Island Road Shopping Center, a Winn Dixie anchored retail center. The property is on 6.25 acres and consists of 59,882 s/f. The property was 100% occupied at the time of sale including a Winn Dixie that has been serving
The Hudson Gateway Association of Realtors distributes $124,250 in relief assistance for Hudson Valley flash flood victims

The Hudson Gateway Association of Realtors distributes $124,250 in relief assistance for Hudson Vall...

September 26, 2023
White Plains, NY The Hudson Gateway Association of Realtors (HGAR) has distributed $124,250 of $500,000 available from the National Association of Realtors Relief Foundation” (RRF) to help Hudson Valley residents affected by the flash flooding over the summer. To date, 71
Houlihan Lawrence Commercial leases 15,929 s/f in Westchester County

Houlihan Lawrence Commercial leases 15,929 s/f in Westchester County

September 26, 2023
Port Chester, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, has negotiated 15,929 s/f in commercial leases for six properties in Westchester County. Four leases totaling 7,323 s/f were signed at 14-20 Willets Ave. The landlord was represented by Mike Rackenberg, associate broker, with Houlihan Lawrence Commercial on all four transactions.
GFP Real Estate inks four fashion tenants at 209 West 38th St. - 5,066 s/f

GFP Real Estate inks four fashion tenants at 209 West 38th St. - 5,066 s/f

September 26, 2023
Manhattan, NY GFP Real Estate, LLC has signed four leases totaling 5,066 s/f at 209 West 38th St. “Fashion tenants continue to seek out quality, well-located loft space in the Garment District,” said Mathew Mandell of GFP.
Kalnitsky joins Forchelli Deegan Terrana LLP as partner

Kalnitsky joins Forchelli Deegan Terrana LLP as partner

September 26, 2023
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) welcomes Gregory Kalnitsky to the firm’s land use & zoning practice group as a partner. He previously held the following local government positions: acting corporation counsel of Long Beach and city attorney of Glen Cove.
Denham Wolf Real Estate Services promotes Davis and Stander to directors

Denham Wolf Real Estate Services promotes Davis and Stander to directors

September 26, 2023
Manhattan, NY Denham Wolf Real Estate Services has promoted Lauren Davis to director of occupier services and Jessica Stander to director of design. Davis has been a member of the Denham Wolf team for nearly a decade, where she has worked with the firm’s clients to provide a range of services,
Rosewood Realty Group sells HK Organization’ Morrisania multifamily building and adjoining development lot for $3 million

Rosewood Realty Group sells HK Organization’ Morrisania multifamily building and adjoining develop...

September 26, 2023
Bronx, NY The HK Organization, has sold a 31-unit multifamily building and adjoining buildable lot in the Morrisania section of the borough for $3 million to a private investor. The sale includes two contiguous five-story walk-up buildings at 988-992 Boston Rd., between
Non-imputation title insurance - by Thomas Kearns and Hyman Kindler

Non-imputation title insurance - by Thomas Kearns and Hyman Kindler

September 26, 2023
Real estate investors often purchase ownership interests in existing entities that own commercial real estate rather than acquiring the property by deed. Reasons for this include more favorable transfer or income tax consequences. Sometimes, if the price is large enough, the purchaser would like to have title insurance coverage
The Real Estate Board of New York names winners for the Retail Deal of the Year Awards

The Real Estate Board of New York names winners for the Retail Deal of the Year Awards

September 26, 2023
Manhattan, NY The Real Estate Board of New York (REBNY), named winners for its annual Retail Deal of the Year Awards at a ceremony and cocktail party held on September 13th. In its 25th year, the event attracted 150 members and guests, and was held at The Starbucks Reserve Roastery
Marx Realty finalizes 5,000 s/f lease with Green Street Advisors at 10 Grand Central

Marx Realty finalizes 5,000 s/f lease with Green Street Advisors at 10 Grand Central

September 26, 2023
Manhattan, NY According to Marx Realty, Green Street Advisors has signed a long-term lease for 5,000 s/f of office space at 10 Grand Central. The firm, known for its commercial real estate research platform and exclusive news outlets, has provided trusted industry insights for over 35 years
Seven tenants sign at The Durst Organization and The Port Authority of New York and New Jersey’s One World Trade Center

Seven tenants sign at The Durst Organization and The Port Authority of New York and New Jersey’s O...

September 26, 2023
Manhattan, NY The Durst Organization and The Port Authority of New York and New Jersey said that seven tenants have signed leases totaling nearly 50,000 s/f at One World Trade Center. The transactions consisted of three new leases and four renewals.
Yagoda of GFP Real Estate renews Adaptive Design Association's 3,600 s/f lease at 307 West 36th St.

Yagoda of GFP Real Estate renews Adaptive Design Association's 3,600 s/f lease at 307 West 36th St.

September 26, 2023
Manhattan, NY GFP Real Estate, LLC said that Adaptive Design Association (ADA), a NYC-based nonprofit that uses an innovative approach to disability services, has signed a five-year lease renewal for its 3,600 s/f office on the ground floor of 307 West 36th St.
Many landlords are struggling to rationalize their increased tax bills relative to their reduced or stagnant pre-tax bottom lines - by Peter Blond

Many landlords are struggling to rationalize their increased tax bills relative to their reduced or ...

September 26, 2023
While a clear majority of New Yorkers have reached their boiling point over the “no end in sight” migrant crisis, property owners are merely wondering when real estate taxes might at least mirror their declining collections and property values. With history and simple economics as a guide, it is unlikely the city
Fried Frank represents Vornado in 266,000 s/f development at Pier 94

Fried Frank represents Vornado in 266,000 s/f development at Pier 94

September 26, 2023
Manhattan, NY Fried Frank represented Vornado Realty Trust in connection with the authorizations and other entitlements needed to develop a 266,000 s/f, film, television and media production studio and public open space overlooking the Hudson River on Pier 94. Fried Frank further represented Vornado
The Real Estate Institute at Stony Brook University College of Business to hold fall luncheon on Oct. 20

The Real Estate Institute at Stony Brook University College of Business to hold fall luncheon on Oct...

September 26, 2023
Farmingdale, NY The Real Estate Institute (REI) at Stony Brook University (SBU) College of Business will hold a joint panel event on October 20th. The fall luncheon, titled “Reimagining the Modern Office Space,” promises an exploration of the evolving landscape of work environments.
Invictus Property Advisors and Stav Equities sell 1362 Pacific St. vacant brownstone for $2.475 million

Invictus Property Advisors and Stav Equities sell 1362 Pacific St. vacant brownstone for $2.475 mill...

September 26, 2023
Brooklyn, NY A European co-living fund purchased 1362 Pacific St., a vacant four-story 3,600 s/f brownstone in Crown Heights. The building was sold with DOB approved plans to expand the building horizontally and extend it in the rear.
Simone Development Companies and RIPCO lease 2,957 s/f to Chipotle at Hutchinson Metro Center Atrium

Simone Development Companies and RIPCO lease 2,957 s/f to Chipotle at Hutchinson Metro Center Atrium...

September 26, 2023
Bronx, NY According to Simone Development Companies, Chipotle Mexican Grill has signed a long-term, 2,957 s/f lease at the firm’s Metro Center Atrium, located at 1776 Eastchester Rd. within the Hutchinson Metro Center complex.
Hastings Capital progressing on 30,000 s/f multi-tenant office/industrial building, Leonardo Place, 25 DaVinci Dr.

Hastings Capital progressing on 30,000 s/f multi-tenant office/industrial building, Leonardo Place, ...

September 26, 2023
Bohemia, NY In January 2023, Hastings Capital broke ground at what will be known as Leonardo Place, an office/industrial space located at 25 DaVinci Dr. Hastings has owned the land for approximately twenty years.
Real Estate Board of New York plans to holed REBNY Annual event on January 18, 2024

Real Estate Board of New York plans to holed REBNY Annual event on January 18, 2024

September 26, 2023
Manhattan, NY The Real Estate Board of New York (REBNY) will host the REBNY Annual on Thursday, January 18, 2024. Now in its 128th year, the REBNY Annual once again welcomes the biggest names in real estate – as well as elected officials
Hach of Refined facilitates $8.4 million senior participation loan

Hach of Refined facilitates $8.4 million senior participation loan

September 26, 2023
Brooklyn, NY Joe Hach, partner at Refined, arranged a senior participation loan of $8.4 million.