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World Monuments fund moves to Rockefeller Center’s 600 Fifth Ave.
May 10, 2022
New York, NY World Monuments Fund (WMF) has relocated its global headquarters to Rockefeller Center’s 600 Fifth Ave. Since 2010, WMF, one of the leading independent organization dedicated
Feil signs Standard Security Life Insurance Company of New York to 11,314 s/f at 488 Madison Ave.
May 10, 2022
New York, NY The Feil Organization has signed Standard Security Life Insurance Company of New York to a 10-year lease at its 488 Madison Ave. Standard Security Life Insurance Company of New York, which has provided life and disability
MG Properties acquires 215-unit community in Placentia, CA
May 10, 2022
Placentia, CA MG Properties, a private San Diego-based real estate investor, owner, and operator is further expanding their presence in the Orange County, CA with the acquisition of The Herald Apartments
Port Authority hires 100% minority contract to JRT Realty Group to lead retail leasing in Midtown bu...
May 10, 2022
New York, NY The Port Authority of New York and New Jersey and JRT Realty Group, Inc. (JRT) have entered into a multi-year contract for expert professional retail leasing and marketing services at the Midtown Bus Terminal
The who, what, where and why of pandemic apartment moves - by Chris Bruen
May 10, 2022
COVID-related disruptions and the economic, personal and professional changes that have resulted continue to unfold in the third year since the virus was initially identified. One of the most evolving aspects of this transformative event has been the housing market, both for homeowners
Suffolk County Council, Boy Scouts of America complete ribbon cutting of Council HQ in Farmingville
May 10, 2022
Farmingville, NY The Suffolk County Council and Boy Scouts of America have cut the ribbon of their new Council Office and Scout Shop. Town of Brookhaven supervisor Edward Romaine along with councilman Neil Foley welcomed the Scouts to One Independence
Goldflam of Highcap arranges $9 million sale in Coatesville, PA
May 10, 2022
Coatesville, PA Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, has arranged the sale of 101 Reeceville Rd. The building is located just west of Philadelphia, and recently sold for $9 million in an all cash
REBNY’s latest Brooklyn Retail Report shows leasing activity growing in many corridors
May 10, 2022
Brooklyn, NY The Real Estate Board of New York (REBNY) released its latest Brooklyn Retail Report focused on market findings gathered in Winter 2022. Retail activity has remained strong despite recent challenges presented by supply
Standard Communities certified as “great place to work”
May 10, 2022
Los Angeles, CA Standard Communities, a national affordable housing investor and developer, has been recognized as a 2022 “Great Place to Work” based entirely on feedback from its employees. 95% percent of Standard’s employees said the company
CREWNY chats about 'The Great Resignation’
May 10, 2022
It seems like we can’t go anywhere lately without seeing a “We’re Hiring” sign hanging in the windows of our favorite businesses. Labor shortage is at an all-time low. While some are calling this “The Great Resignation,” others have dubbed
Rosenberg & Estis, P.C. represent Durst Org. in Finback Brewery lease
May 10, 2022
Long Island City, NY Rosenberg & Estis, P.C., New York City’s premier real estate law firm, successfully negotiated a 15-year lease with Finback Brewery in The Durst Organization’s Sven residential tower, a new development that incorporates
The Revival Of NYC’s Real Estate Industry - By Michael Siino
May 10, 2022
As New York City works toward the recovery from a pandemic that is unlike anything we have seen in our lifetime, a few words continually resonate: Resilience. Reinvention. Recalibration. Rebound. The pandemic hit hard, and in New York, everything scales large. Landlords scrambled to maintain
Capstone Apartment Partners complete $30 million sale of apartment portfolio in Denver, CO
May 10, 2022
Denver, CO Capstone Apartment Partners completed the $30 million sale of a 184-unit LIHTC apartment portfolio in the Denver MSA. The portfolio is comprised of three Section 8 senior housing assets—Aurora Village, Kings Point, and University Plaza
Brennan Investment Group hold groundbreaking ceremony
May 10, 2022
Winston-Salem, NC Brennan Investment Group held a groundbreaking ceremony 4043 Reynolds Ct. Brennan Investment Group is developing a new 110,000 s/f Class-A industrial building on
CareMax opens new location at 1220 East New York Ave.
May 10, 2022
Brooklyn, NY CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a provider of value-based care to seniors, has opened a new location. As part of the company’s strategy to expand its footprint and enter new markets nationwide, the new location at 1220 East New York Ave
Ariel Property Advisors arrange $13.1 million in financing across four properties
May 10, 2022
Ariel Property Advisors has arranged $13.1 million in financing across four properties in three states—New York, South Carolina and Mississippi. The recent financings include
Greenfield joins CarVal Investors as managing director of real estate
May 10, 2022
New York, NY CarVal Investors, an established global alternative investment manager, have added Scott Greenfield as managing director of Real Estate. Based in New York, Scott will manage commercial real estate loan and securities
Silverstein Properties complete eight new lease signings at 120 Broadway
May 10, 2022
New York, NY Silverstein Properties, one of New York City’s leading real estate development and management companies, has completed eight new lease signings at 120 Broadway totaling more than 145,000 s/f. Recent lease signings include
TK Elevator launches MAX Link digital emergency communications in North America
May 10, 2022
Atlanta, GA TK Elevator has launched MAX Link Voice and Multimedia digital emergency communication services, providing two-way voice, video and text messaging between passengers and emergency personnel. Available in the U.S. and Canada, MAX Link routes passenger