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JLL arranges $387.5 million sale of 685 1st Ave. multi-housing for Solow Building Company
October 25, 2022
New York, NY JLL’s Capital Markets group closed the sale of a $387.5 million multi-housing community comprised of 408 market-rate units and 9,693 s/f of commercial space located at 685 1st Ave. in the Murray Hill neighborhood of Manhattan. 685 1st Ave. is part of a larger, six-property,
Fried Frank Partners speak at NYU School of Law Institute for corporate governance & finance
October 11, 2022
New York, NY Jonathan Mechanic, head of Fried Frank’s Real Estate Department, Stuart Barr, head of the firm’s REIT Practice, and Phillip Richter, co-head of the Mergers & Acquisitions Practice, joined other
Sherman of Baseline RE completes $10.3 million sale
October 11, 2022
New York, NY Michael Sherman, founder of Baseline Real Estate Advisors has completed the sale of 111 E 38th St. The building sold for $10.3 million. The 15,035 s/f elevator building contained 20 apartments and was
Silverstein Properties leases 40,550 s/f at 529 Fifth Ave.
October 11, 2022
New York, NY Silverstein Properties, one of New York City’s leading real estate development and management companies, has completed two lease signings totaling 40,550 s/f at 529 Fifth Ave., a 20-story, Class A office building. The leases include:
Global Holdings Management group complete five transactions totaling 41,767 s/f
October 11, 2022
New York, NY Global Holdings Management Group has completed five transactions for a total of 41,767 s/f of office space at 410 Park Ave., a 22-story boutique property. Glendower Capital, a $10 billion private equity firm, will nearly double its space
BXP and Rudin sign Huge to a 12-year lease to occupy 71,000 s/f
October 11, 2022
Brooklyn, NY According to Boston Properties, Inc. (NYSE:BXP) and Rudin, Huge, one of the world’s preeminent design and innovation firms, is relocating its global headquarters to the top two office floors of Dock 72,
Capital One Bank grows office space at 114 Fifth Ave. up to 116,926 s/f
October 11, 2022
New York, NY L&L Holding Company has finalized an agreement with Capital One Bank to grow its offices at 114 Fifth Ave. to 116,926 s/f and extend its lease. Owned by a joint venture of Columbia
Doshi, Mehra, and Barbos close on sale at 541-545 West 49th St.
October 11, 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 walkup apartment building located between Tenth and Eleventh
CIBS panel examines “Future of the Office Workplace”
October 11, 2022
Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS), one of the region’s largest real estate advocacy organizations, hosted a dynamic panel discussion last week that examined the &ldquo
Crystal Windows opens Dallas sales/distribution branch office
October 11, 2022
Dallas, TX Crystal Window & Door Systems is moving its national expansion plans forward with a new branch office. Located near major highways at 454 West Mockingbird Ln. in the West Dallas neighborhood of the city, the facility
JLL represents landlord in three leases at 177 Lafayette
October 11, 2022
New York, NY According to JLL, the first tenants of Eretz Group’s newly repositioned boutique mixed-use office and retail property at 177 Lafayette St. have signed leases totaling 13,158
LAZ Parking LLC signs long term 27,000 s/f net lease for six-story garage
October 11, 2022
New York, NY According to GFP Real Estate, LLC, LAZ Parking LLC, a company that operates over 1.2 million parking spaces in over 3,000 thousand locations and 400+ cities across the country, has signed a 10-year net
Royal Properties opens Hapik Rock Climbing in Yonkers
October 11, 2022
Yonkers, NY According to Royal Properties, Inc., Hapik, an indoor climbing park, has opened for business, occupying an 11,000 s/f space. Ridge Hill is a 1.3 million s/f open-air
A.R.T./New York signs 20-year lease for 32,000 s/f at 520 Eighth Ave.
October 11, 2022
New York, NY According to GFP Real Estate, LLC, the Alliance of Resident Theatres/New York (A.R.T./New York), an arts service organization that “assists over 400 member theatres in managing their theatre companies
Goldflam and Gallishaw of Highcap sell 2 mixed use buildings
October 11, 2022
Brooklyn, NY Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, along with sales associate Ty Gallishaw have arranged the sale of 767 Grand St. and 295 Humboldt
Rose Associates expands marketing team with hires of Peters and Mignone
October 11, 2022
New York, NY Rose Associates, Inc., the New York-based multifamily real estate developer and manager, has hired Debbie Rae Peters as director, property marketing. She will lead marketing efforts for Rose’s multifamily
Hudson Gateway REALTOR Foundation presents $2,500 donation check to Green Chimneys
October 11, 2022
White Plains, NY The Hudson Gateway REALTOR Foundation, the charitable arm of the Hudson Gateway Association of REALTORS, recently presented a check for $2,500 to Green Chimneys in Putnam
Largo arranges $130 million for an office building refinance in Montreal, QC
October 11, 2022
Montreal, QC Kevin Ross, managing director at Largo Capital Limited, arranged $130 million for the refinance of an office building. Largo Capital Limited is the Canadian mortgage