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
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
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.
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.
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.
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,
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
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
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
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
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.
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.
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
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
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.
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.
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.
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.
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