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Savills leases 41,613 s/f to Greenspoon Marder
June 13, 2023
Manhattan, NY Savills completed a long-term, 41,613 s/f sublease on behalf of Greenspoon Marder LLP from sublandlord CBS Broadcasting at Fisher Brothers’ 1345 Avenue of Americas in Midtown. Greenspoon Marder is a full-service law firm with 240 attorneys
Steinberg of GFP Real Estate leases 2,463 s/f to Christie Lites Broadway at 1560 Broadway
June 13, 2023
Manhattan, NY GFP Real Estate, LLC said that Christie Lites Broadway, Inc. a provider of stage lighting and rigging equipment worldwide, has signed a 10-year lease for 2,463 s/f on the seventh floor 1560 Broadway in Times Sq.
Lee & Associates NYC relocates headquarters to 1211 Avenue of the Americas
June 13, 2023
Manhattan, NY Lee & Associates NYC signed a sublease for 17,580 s/f at 1211 Avenue of the Americas, relocating their headquarters to the News Corp. Building, from 845 Third Ave. The brokerage firm will occupy part of the 29th floor in the 45-story,
JLL Hotels & Hospitality completes partial interest sale of Mandarin Oriental, New York
June 13, 2023
Manhattan, NY JLL Hotels & Hospitality brokered the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. which has been completed. JLL represented the sellers in the sale of their ownership stake.
Property of the Month: Mojo Stumer Associates teams with A.D. Real Estate Investors to renovate 5,00...
June 13, 2023
Great Neck, NY A.D. Real Estate Investors, Inc. recently partnered with Mojo Stumer Associates architects on the renovation of an existing 5,000 s/f building located at 45 Cutter Mill Rd. The project was planned to transform the structure into a modern class A office
Slate Property Group and Avenue Realty Capital team up to close on $120 million multifamily acquisit...
June 13, 2023
Manhattan, NY Slate Property Group (Slate), an owner, operator and developer of multifamily and commercial real estate in the New York metropolitan area, and KABR Group (KABR), in partnership with Avenue Realty Capital’s (ARC) equity platform, have
Newmark leases 4,100 s/f retail for Maiden Home at 34 Little West 12th St.
June 13, 2023
Manhattan, NY Newmark has secured a 4,100 s/f retail lease for Maiden Home, a home furnishings company offering design-driven and handcrafted pieces for the modern home, at 34 Little West 12th St. in the Meatpacking District. Newmark managing director
Royal Properties brokers sale of 30,000 s/f 13 Riverdale Ave.
June 13, 2023
Port Chester, NY Royal Properties, Inc. negotiated the sale of 13 Riverdale Ave., a 30,000 s/f two-story freestanding building, which includes covered parking, on a half-acre lot located on Rte. 1, on the New York/Connecticut border. This corner property
A commercial real estate super power: Content marketing - by Kimberly Zar Bloorian
June 13, 2023
In today’s digital landscape, content marketing has emerged as a superpower among marketing strategies across all industries. Its primary objective is to provide valuable information to audiences without overtly promoting a company or business. Examples of successful
New York State licensing law - by Anthony Gatto and Liz Celeone
June 13, 2023
Recently, the Department of State (DOS) indicated it would be auditing licensees and their use of corporate titles. The DOS issued two opinions prohibiting the use of corporate titles by associate brokers and salespersons. There is no exception merely because the licensee
Brody and Schattner form BASE Realty Group
June 13, 2023
Manhattan, NY Real estate industry veterans Jonathan Brody and Michael Schattner Esq., have formed BASE Realty Group. The new firm will target strategic real estate investment sales that span the residential and commercial sectors, with
Blatter of KFIR represents Bayrock Capital in purchase of 381-room Holiday Inn - $76.5m
June 13, 2023
Long Island City, NY Bayrock Capital has purchased a Holiday Inn for $76.5 million. The 381-room, 114,000 s/f hotel at 37-10 10th St. was built in 2022. KFIR Capital’s Jake Blatter represented Bayrock Capital Group in the off-market deal that sold for $671 per s/f
Ariel Property Advisors arranges $150 million sale of Sea Park portfolio on Coney Island
June 13, 2023
Brooklyn, NY Ariel Property Advisors (Ariel) negotiated the sale of the Sea Park affordable housing portfolio, consisting of three multifamily properties and one development site, all located in the Coney Island section of the borough.
Logistics Property Company breaks ground on Oak Forest Logistics Center
May 30, 2023
Oak Forest, IL Logistics Property Company, LLC (“LPC”), a rapidly growing industrial real estate developer, investor, and manager in North America, has commenced
DIGroup Architecture joins community leaders for redesign & construction groundbreaking
May 30, 2023
Philadelphia, PA As an integral member of the Paschalville Library assessment and redesign team, DIGroup Architecture (DIGroup) recently participated in the ground-breaking for the $13.2 million reconstruction of this historic 1914-era building, an 11,000 s/f community cornerstone
JRM Construction West completes Miu Miu relocation
May 30, 2023
Costa Mesa, CA JRM Construction West has completed a relocation project for Miu Miu at South Coast Plaza. This 2,331 s/f project is located at 3333 Bristol
Tredway announces the acquisition and preservation of Sea Park Apartment Complex
May 30, 2023
Coney Island, NY Tredway, an affordable and mixed-income real estate developer focused on building and preserving high-quality, high-opportunity attainable housing,
REBNY announces contestants for 79th annual Commercial Sales Most Ingenious Deal of the Year Awards
May 30, 2023
Manhattan, NY The Real Estate Board of New York (REBNY) has announced the outstanding sales deals of 2022 that will compete for its Commercial Sales Brokers Most Ingenious Deal of the Year Awards. Winners will be announced at an in-person ceremony and cocktail party on June 14th at Convene
Hotel Workers Union endorses Banks for city council in the 42nd District
May 30, 2023
Brooklyn, NY The HTC (The Hotel and Gaming Trades Council) has put their support behind Chris Banks in the city council race in the 42nd District, which includes East New York, Starrett City, Brownsville, Canarsie, and East Flatbush.
Plaza Construction nears completion of 38,755 s/f of Comprehensive Cancer Center’s North Campus at...
May 30, 2023
Staten Island, NY Plaza Construction, in partnership with Central Consulting & Contracting, Inc., is nearing completion of the Comprehensive Cancer Center’s North Campus at Staten Island University Hospital, a 38,755 s/f center.