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Over 350 attend CoreNet Global NYC 2023 New Year’s party at Ascent Lounge
February 14, 2023
Manhattan, NY CoreNet Global NYC hosted its annual New Year’s Party on January 18th at the Ascent Lounge. The event brought together more than 350 members of the CoreNet Global NYC Chapter to celebrate the new year with a cocktail and networking
New York City Dept. of Buildings rolls out safety initiative for parking garages - by Joe DiPompeo
February 14, 2023
As of January 1, 2022, parking garage owners in New York City have a new obligation to meet. According to NYC Local Law 126 of 2021 and RCNY §103-13, they are required to retain the services of a Qualified Parking Structure Inspector (QPSI) to evaluate their garages
Product of the Month: New York City ‘Innovation Lab’ shows off building automation for the post...
February 14, 2023
Manhattan, NY From corporate mandates to more money, companies are trying all kinds of things to bring employees back into the office. The battle may be an uphill one, given the fact that 60% of workers recently polled would be “extremely likely” to look for another
Related Companies and Atria Senior Living open Coterie Hudson Yards
February 14, 2023
Manhattan, NY Related Companies and Atria Senior Living officially open Coterie Hudson Yards at 505 West 35th St. Designed by Handel Architects with interiors by March and White Design (MAWD), the Hudson Yards location
Mohegan named casino operator for Soloviev Group’s casino bid at Freedom Plaza
February 14, 2023
Manhattan, NY Soloviev Group said that Mohegan has joined its bid as the casino partner of Freedom Plaza. This comes as a result of the New York State Gaming Commission’s Request for Applications to develop and operate up to three downstate casinos
Gotham Organization reveals The Suffolk in Lower East Side
February 14, 2023
Manhattan, NY The Gotham Organization revealed the first look at its newest rental development, The Suffolk. Located at 55 Suffolk St. in the Lower East Side, the 30-story tower includes 378 residences with 330,000 s/f of mixed-use space and is
Buildings have new way to save energy, and reduce emissions with Ctrl+e suite of smart solutions
February 14, 2023
Manhattan, NY Ctrl+e, a building intelligence and energy management company, unveiled its solution to one of the largest costs and environmental challenges commercial building owners face today: energy waste.
L+M Development Partners, Bluestone Organization, and Triangle Equities close on $44.66 million infr...
February 14, 2023
Queens, NY L+M Development Partners, Bluestone Organization, and Triangle Equities closed on $44.66 million in financing for the reconstruction of Edgemere Ave. between Beach 32nd and Beach 38th Sts., a critical
Trammell Crow Co./High Street Residential hires Adamo as senior vice president for multifamily devel...
February 14, 2023
Manhattan, NY The Northeast Metro office of Trammell Crow Company (TCC), a global commercial real estate developer, and its residential subsidiary, High Street Residential (HSR), have hired Michael Adamo as senior vice president. In his new role, Adamo
FirstService Residential signs 50 new buildings in 2022
February 14, 2023
Manhattan, NY FirstService Residential saw significant growth across its management divisions in 2022, cementing its position as one of the largest residential managers in the five boroughs, Westchester County, Long Island, and Fairfield County,
Arden Group selects View Smart Windows for 351,000 s/f 4650 Broadway development in the Inwood secti...
February 14, 2023
Manhattan, NY Arden Group (Arden), and View, Inc. (View) said that 4650 Broadway, the new 20-story mixed-use building under development in the Inwood section of the city, will feature View Smart Windows. The new property, which spans 351,000 s/f, will include 222 residential units
Manhattan office market posts mixed results in Q4 2022 according to TRS research
February 14, 2023
New York, NY The Manhattan office market posted 5.9 million s/f in leasing activity in the fourth quarter of 2022, bringing the 2022 total to 29.7 million s/f, 8% higher than the 2021 figure, according to research from Transwestern Real Estate Services (TRS).
ERG Commercial R.E. sells two adjacent multifamily buildings for $4.55 million
February 14, 2023
Yonkers, NY ERG Commercial Real Estate has sold two adjacent multifamily buildings for $4.55 million. The four-story buildings, at 502 and 508 Van Cortlandt Park Ave. in the McLean Heights neighborhood, features 46 units, totaling 38,948 s/f. The buildings were built in 1927 and 1922.
Blumenfeld Development Group signs Centers Urgent Care to 10-year lease at The Crossings
February 14, 2023
Syosset, NY The Blumenfeld Development Group (BDG) arranged the 10-year lease signing with Centers Urgent Care, a Medical Care company, at The Crossings in Hunts Point. The 2,000 s/f urgent care facility is scheduled to open in the summer of 2023.
Pryor Cashman to open Moody Tongue Sushi restuarant
February 14, 2023
New York, NY Pryor Cashman client Moody Tongue Brewing Company is opening Moody Tongue Sushi, a new restaurant in West Village, showcasing elevated beer and sushi pairings from the renowned culinary brewery.
Denham Wolf Real Estate names Innocent and Turner as new shareholders
February 14, 2023
Manhattan, NY Denham Wolf Real Estate—as it celebrates its 25th anniversary—named Ronzard Innocent and Christopher Turner as shareholders of the firm. Their new roles as managing directors and principals reflect their promotions from their respective roles as director of project management and director of transaction services.
John Marshall Media signs 4,944 s/f 10-year lease renewal at 630 Ninth Ave.
February 14, 2023
New York, NY Multi–Grammy Award-winning production studio John Marshall Media has signed a ten-year lease renewal for its 4,944 s/f on the 11th floor of 630 Ninth Ave., also known as the Film Center Building, with GFP Real Estate, LLC.
Question of the Month: What is a Uniform Land Use Review Procedure (ULURP)? - by Christopher Wright
February 14, 2023
The New York City Zoning Resolution was enacted in 1961 to provide the city with a comprehensive urban planning scheme consisting of different zoning designations based on a property’s location within a neighborhood. The drafters of the Zoning Resolution understood that NYC’s urban landscape would evolve over time.
Duval & Stachenfeld change name to Adler & Stachenfeld
February 14, 2023
New York, NY Duval & Stachenfeld LLP, the Pure Play in Real Estate Law, has changed its name to Adler & Stachenfeld LLP (A&S) In its first 25 years, led by managing partner, Terri Adler, and chairman, Bruce Stachenfeld, the firm built a reputation as one of the most respected and sophisticated law firms serving the real estate industry.
Tishman Speyer welcomes Baker Tilly and SEB to The Spiral
February 14, 2023
New York, NY Tishman Speyer has secured agreements with Baker Tilly US, LLP (Baker Tilly) and Skandinaviska Enskilda Banken, AB (SEB) to move their offices to The Spiral, its recently-completed 66-story office tower. Advisory CPA firm Baker Tilly signed a long-term lease to occupy 28,000 s/f on a portion of The Spiral’s 22nd floor beginning in mid-2023.
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