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Meridata signs lease renewal for 177,000 s/f HQ at 350 Hudson St.
October 25, 2022
Manhattan, NY Hudson Square Properties, a joint venture of Trinity Church Wall Street, Norges Bank Investment Management, and Hines, announced Medidata Solutions, a life sciences software company, has renewed their lease
GFI Realty Services arranges the $3.5m sale of a mixed-use asset
November 8, 2022
New York, NY GFI Realty Services arranged the $3.5 million sale of 4802 13th Ave., a walk-up building comprised of a ground floor retail unit and 5 apartments located in the Borough Park section of Brooklyn.
CREWNY celebrates award winners
November 8, 2022
New York, NY CREWNY has named this year’s winners of the 2022 Impact Awards, Past Presidents’ Scholarship, and our 2022-2023 DEI Grant recipients. Impact Awards winners are CREWNY members who have achieved success in commercial real estate and demonstrated leadership and talent.
Romer Debbas celebrates merger and marks opening of firm HQ expansion
November 8, 2022
New York, NY Romer Debbas, LLP, celebrated the success of its merger with Katz & Matz. Hosted at Manhattan’s iconic Waldorf Astoria, the event held more than 100 guests, including members of the firm, the New York Residential Agent Continuum (NYRAC), and members of the real estate community.
Rosewood Realty sells Washington Heights multi-family for $4.2m
November 8, 2022
New York, NY Rosewood Realty Group brokered the sale of a 26-unit multi-family building in Washington Heights for $4.2 million. The building, at 630 West 172nd St., is a five-story walk-up that was built in 1920.
Burke Rehab opens at Simone Dev.’s Hutchinson Metro Center
November 8, 2022
New york, NY, Burke Rehabilitation expanded its therapy services with the opening of a new site at 1250 Waters Place at Simone Development Companies’ Hutchinson Metro Center in the Bronx. Burke held a ribbon-cutting ceremony on October 18th
Fairstead names Hebner the company’s chief financial officer
November 8, 2022
NEW YORK, NY Real estate industry veteran Sally Hebner has joined Fairstead as its chief financial officer. Hebner has three decades of experience in real estate accounting and finance and most recently served as the chief financial officer of Enterprise Community Partners, the leading national non-profit housing provider, which she joined in 2005.
Cushman & Wakefield arranges $11 million sale of Acme Hall - a 20,303 s/f mixed-use building locate...
November 8, 2022
New York, NY Cushman & Wakefield has arranged the sale of Acme Hall, a 20,303 s/f, mixed-use building located at 435 9th St. in Brooklyn. The final sale price was $11 million. Cushman & Wakefield’s Dan O’Brien, Jonathan Squires, Caroline Hodes and Josh Neustadter represented the seller.
Alpha Realty hires Marciano as part of expansion
November 8, 2022
New York, NY David Marciano has joined Alpha Realty from Westbridge Reatly Group. Marciano joins Lev Mavashev’s team on the investment-sales side. As a senior director, he will help grow the brokerage firm’s presence in northern Brooklyn, focusing on mid-market multifamily and mixed-use properties throughout Williamsburg and Greenpoint.
Urban Edge Properties signs Target at Bruckner Commons for 139,000 s/f new store in the Bronx
November 8, 2022
New York, NY Urban Edge Properties signed a 139,000 s/f lease with Target for a general merchandise store at Bruckner Commons in the Bronx. Located at the intersection of the Bruckner Expwy. (I-287) and White Plains Rd., Bruckner Commons serves over 700,000 people living within three miles of the property
Connolly joins Avison Young as principal and chief operating officer of U.S. Capital Markets Group
November 8, 2022
NEW YORK, NY Avison Young has appointed Trisha Connolly as principal and chief operating officer (COO) for the firm’s U.S. Capital Markets Group. Connolly will enhance the operational and communications efficiencies for Avison Young’s Capital Markets practice in the U.S.
JLL leases 568,543 s/f at Innovo and Square Mile Capital’s Bronx multi-story logistics development...
November 8, 2022
New York, NY JLL’s Northeast Industrial team has completed a 568,543 s/f lease at the newly-completed 2505 Bruckner Blvd. in the Bronx, one of the largest class A logistics spaces available in New York City. With just over half of the property now leased, the remaining 499,011 s/f
Creating or redesigning your website? What you need now - by Harry Zlokower
November 8, 2022
Websites, those essential, go-to marketing platforms, are taking on new looks and importance. Usually the first impression office space seekers and clients will have of properties, owners and sales teams, sites are acquiring added features that not only market and advertise but, with the click on a phone, allow prospective buyers or tenants to virtually experience offered properties or spaces.
Bertone Piccini secures 24,400 s/f for Paige.AI
November 8, 2022
New York, NY Bertone Piccini LLP acted as counsel on behalf of Paige.AI, Inc., a biotechnology firm, to obtain a 24,400 s/f office lease agreement in Eleven Times Sq. The firm also represented Paige in negotiations to expand their lease to take an entire floor of the building.
Zar Property NY leases 12,485 s/f to three tenants at 42-44 Greene St.
November 8, 2022
New York, NY Zar Property NY has signed multiple long-term leases at 42-44 Greene St., a 5-story mixed-use building between Broome St. and Grand St. in SoHo. Celebrity apparel brand Mother Denim has signed a long-term lease for 5,500 s/f on the 2nd floor for a new showroom.
Doshi, Mehra and Barbos of Meridian sell 66-units for $9.5m
November 8, 2022
New York, NY Meridian’s Amit Doshi, Shallini Mehra, and Justin Barbos closed on their exclusive at 541-545 West 49th St., a six-story residential walk-up apartment building located in the Hell’s Kitchen neighborhood of Manhattan, between Tenth and Eleventh Aves., diagonally across from the American Red Cross building.
Ariel Property Advisors arranges $12.15 million sale of 725-737 Fox. St. multifamily property in the...
November 8, 2022
New York, NY Ariel Property Advisors (Ariel) has arranged the $12.15 million sale of 725-737 Fox St., a rent stabilized multifamily property located in the Longwood section of the South Bronx market. An Ariel team led by Victor Sozio, founding partner, Jason Gold, director, investment sales, Shimon Shkury, founder and president, and Daniel Mahfar, director, investment sales, represented the seller in the transaction.
Front & York opens first Life Time athletic resort in Brooklyn
November 8, 2022
Brooklyn, NY Front & York is now home to a Life Time athletic and wellness club. Spanning 77,000 s/f, the three-story club is also the largest Life Time location in all of New York City.
Life Time DUMBO, which just opened inside Front & York, features six studios for fitness classes, a 6-lane lap pool, basketball court,
TerraCRG releases its third quarter 2022 Brooklyn market report
November 8, 2022
Brooklyn, NY TerraCRG released today its third quarter 2022 Brooklyn market report, analyzing dollar and transaction volume by asset class across the borough. There was a large quarter over quarter drop in total dollar volume and a decreasing number of deals, from just over $3 billion and 426 deals in
Romer Debbas, LLP earns positive decision for unit owner in condominium contract dispute
November 8, 2022
Manhattan, NY Romer Debbas, LLP obtained a positive decision for condominium unit owner John Louis Bonello in a lawsuit brought by intended purchaser K&S 22W66 LLC. This significant decision solidified a seller’s rights in selling their real estate to whom they wish