Cairo, NY The Oak & Avery Group negotiated the sale of Pine Tree Garden Apartments, a 56-unit multifamily complex located at 17 Gina Marie Ave. Anthony
Manhattan, NY The Feil Organization signed a 42,000 s/f, 12-year expansion lease with MiQ Digital USA, an AI-powered advertising platform at 261 Fifth Ave. A
The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Manhattan, NY Rudin said that BrightTower will relocate its headquarters to 41 Madison Ave., Rudin’s office tower located on Madison Square Park, in Midtown
Port Chester, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, has leased 3,108 s/f to Apple Studios at 14–20 Willet Ave. The deal was brokered by Russ Detres of Houlihan
Brooklyn, NY Avison Young arranged the $13.5 million sale of a four-lot development assemblage at 873–879 Grand St. in East Williamsburg, achieving $450 per buildable s/f.
Manhattan, NY Tishman Speyer said that Chimera Investment Corp. has signed a 15-year lease for 22,000 s/f on the 32nd floor and portions of the 33rd and 34th floors of 1 Rockefeller Plaza. Chimera was previously in 15,000 s/f at Rockefeller Center’s 630 Fifth Ave.
Manhattan, NY According to Cushman & Wakefield, Zoller Equity Partners LLC signed a seven-year, 8,841 s/f lease at 600 Lexington Ave. in Midtown’s Plaza District.
Queens, NY IPRG brokered the sale of 147-28/46 Jamaica Ave. and 147-23/27 Archer Ave. for $25.5 million. Building plans are approved with a footing in the ground for a 306,454 s/f retail and residential apartment building. A 359-unit residential project is planned for the site, which is linked to a 35-year 421-A tax incentive.
Manhattan, NY BXP closed a series of long-term leases at 360 Park Ave. South, a 450,000 s/f workplace in Midtown South. The leases, which include both new clients and a significant expansion in the building, total 230,000 s/f with a weighted average lease term of 11.4 years and bring the workplace to more than 90% leased.
Brooklyn, NY Ariel Property Advisors (Ariel) arranged the sale of a 411,892 s/f, eight-building, 387-unit affordable housing portfolio situated in the Prospect Park South neighborhood of the city for $79.85 million, or $193 per s/f. The eight properties in the Prospect Park South portfolio are located at 816 Ocean Ave., 682 Ocean Ave.
Buffalo, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $4.59 million permanent first mortgage for a commercial property located in an established downtown corridor.
Fort Lee, NJ Silver Defender, the pioneer in antimicrobial surface technology, has reached a significant advancement in the performance and durability of its proprietary film. Recent internal R&D cycles have demonstrated that the
Queens, NY Cushman & Wakefield has arranged two new leases at the Inwood Logistics Center in Inwood. The deals mark another step in the rapid lease-up of the 10-building campus, which has seen an uptick in activity
Queens, NY ASAK Solutions LLC, ASAK, a veteran-owned ground-handling company, signed a 16,515 s/f industrial lease to occupy the ground floor at 152-15 Rockaway Blvd. in Jamaica.