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Newmark secures new lease for TUMI at 25 East 34th St.
December 27, 2022
Manhattan, NY Newmark has secured a 5,189 s/f long-term lease for a new concept location for luggage retailer TUMI, located at 25 East 34th St., ground floor retail of 180 Madison Ave. The new showroom and retail space will sit adjacent
Newmark signs three tenants to 185 Broadway
December 27, 2022
Manhattan, NY Newmark Retail has secured three new leases at 185 Broadway on behalf of SL Green Realty Corp. (NYSE: SLG). The leases, to tenants One Medical, Wells Fargo and T-Mobile, total 12,228 s/f. Newmark's vice chairman
Urban Edge signed Ashley Furniture to long-term, 24,211 s/f lease in Union, NJ
December 27, 2022
Union, NJ Urban Edge Properties (NYSE:UE) has signed Ashley Furniture to a long-term, 24,211 s/f lease at West Branch Commons. Replacing an empty Office Depot store, Ashley Furniture will anchor the property alongside
“Green” fashion textile manufacturer Greentex America signs new lease
December 27, 2022
Manhattan, NY According to GFP Real Estate, LLC, Miami-based textile manufacturer and distributor Greentex America has signed a five-year lease for 4,371 s/f on the 17th floor of 247 West 37th St
ATCO Properties & Management renews and expands lease with Betty Buzz
December 27, 2022
Manhattan, NY According to ATCO Properties & Management, Betty Buzz, a sparkling non-alcoholic premium drink mixer line, has renewed its lease and moved into a larger 2,101 s/f space at 381 Park Ave
Bronx Children’s Museum opens first long-term location
December 27, 2022
Bronx, NY Fried Frank acted as pro bono counsel to the Bronx Children’s Museum in negotiating agreements with the NYC Parks Department to provide the Museum with a long-term agreement for the physical location
Racanelli Construction achieves diamond level in the ABC’s national safety program for second cons...
December 27, 2022
Melville, NY Racanelli Construction Company, Inc., a leading construction management, general contractor and design/build resource for commercial, industrial, retail, medical, pre-engineered and multi-unit residential projects, has
RockFarmer Properties expands presence in San Antonio with acquisition of 104-unit rental property
December 27, 2022
San Antonio, TX RockFarmer Properties, a privately held, fully integrated vertical development and investment firm based in New York City—and Old Three Hundred Capital, an Austin, TX-based multifamily operator— have
Meridian’s Schechtman, Pollack, Kassin, and Lieberman sell six-story corner building for $18.7 mil...
December 27, 2022
Queens, NY An entity tied to property manager Jordan Cooper LLC sold a 60-unit apartment building at 108-50 71st Ave. for $18.7 million to a Rockville Centre-based LLC. The six-story, corner building was built
The Agency partners with the Rob Salamida Co. through Made in Broome program
December 27, 2022
Binghamton, NY Shoppers can now find a new product offering from the Rob Salamida Co. in partnership with The Agency both online and in stores. The “Taste of Broome County” box features two 32 oz. bottles of Salamida’s Original
Robert Martin Company completed 586,000 s/f of new leases and renewals in 2022
December 27, 2022
Elmsford, NY Robert Martin Company (RMC), one of the largest real estate management and development firms in Westchester County, has completed approximately 586,000 s/f of new leases, renewals, and expansions at its properties
Turnbridge Equities completes sale of 738,000 s/f warehouse portfolio in Newark, NJ
December 27, 2022
Newark, NJ Turnbridge Equities (Turnbridge), a real estate investment and development firm that invests in commercial and industrial opportunities in high-growth and high barrier-to-entry markets, in partnership with Long Wharf
Adduci elevated to partnership at Certilman Balin Adler & Hyman, LLP
December 27, 2022
East Meadow, NY Carrie Adduci has been elevated to the partnership at Certilman Balin Adler & Hyman, LLP. Adduci, previously an associate, practices in the Real Estate Group
Keystone acquires Walgreens Call Center in Orlando, FL
December 27, 2022
Orlando, FL Keystone National Properties (KNPRE), a real estate and private equity firm that specializes in impact and tax advantaged investment opportunities for accredited investors, has acquired a Walgreens Call Center for their
Greyhill Group acquires 401,000 s/f industrial property in western New York for $7.35 million
December 27, 2022
Falconer, NY GreyHill Group, a commercial real estate investment company based in New York, has acquired a 401,000 s/f industrial building at 2632 S Work St. for $7.35 million. Falconer is located in Chautauqua County in Western
JRM Construction begins work on Rutgers new admissions office
December 27, 2022
Newark, NJ JRM Construction Management will collaborate with L+M Development Partners to construct a new admissions office for Rutgers, The State University of New Jersey encompassing 4,122 s/f. The new office will be located at 155 Washington St.
Fenestration and Glazing Industry Alliance plans 2023-2024 events
December 27, 2022
Schaumburg, IL The Fenestration and Glazing Industry Alliance (FGIA) has formalized its 2023 and 2024 conference schedule, beginning with the FGIA 2023 Annual Conference taking place February 13-16 in Coronado, CA. “FGIA is excited to share a new slate of host cities, which we feel is a great mix of both member favorite locales and new sites for the Association
Cantor Fitzgerald sells 865 Bellevue Apartments in Nashville
December 27, 2022
Nashville, TN Cantor Fitzgerald, L.P. (Cantor Fitzgerald1) has sold 865 Bellevue Apartments. The sale was facilitated on behalf of investors in 865 Bellevue Apartments, resulting in a total return of 156% of their aggregate original investment and an internal rate of return of 15% over the approximately three-year hold period.2
Knowlton of Capstone sells Union Boulevard Apartments for $6.4 million
December 27, 2022
Colorado Springs, CO Capstone has closed the sale of 801-849 S Union Blvd., a 29,732 s/f multifamily property for the sale price of $6.4 million. Pat Knowlton of Capstone represented the seller and the buyer. Union Boulevard Apartments was built in 1972 and has undergone significant upgrades throughout the property, including parking lots,
2022 Year in Review: Moujan Vahdat, Elmo Realty Co.
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? November marked the 30-year milestone of our corporate mandate for alleviating the homeless crisis in NYC.