Rochester, NY The Upstate New York Chapter of the Appraisal Institute (AI) again has an active education calendar for real estate appraisers for continuing education (CE) with two upcoming
Amherst, NY One Remington LLC has purchased 2491 Wehrle Dr. from Tricor Direct Inc for $9.1 million. The 126,659 s/f industrial manufacturing building is on 8.27 acres. Richard Schechter, associate real estate broker and David Seider, real estate salesperson for Cushman & Wakefield|Pyramid Brokerage Company Buffalo, represented the seller for the transaction.
Buffalo, NY Matt Nadler of Horvath & Tremblay has completed the sale of a single tenant Gerber Collision & Glass at 973 Hertel Ave. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $1.16 million. Gerber Collision & Glass has been at this 10,881 s/f location
Farmingville, NY JLL Capital Markets has secured the $190 million sale of The Arboretum, a 292-unit luxury multifamily development. JLL represented the seller, BRP Companies. The buyer was an affiliate of The Inland Real Estate Group of Companies, Inc. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, LLC, facilitated the purchase on behalf of the Inland affiliate.
Queens, NY Marcus & Millichap negotiated the sale of 43-10 21st St., a two-story industrial property in Long Island City. The asset sold for $14.5 million.
Manhattan, NY DeSimone Consulting Engineering has recongized Dalibor Savović, PE, CEng, CMEngNZ, associate principal and structural engineer, to be appointed to the Council on Vertical Urbanism (CVU) New York Chapter board of trustees. A longstanding member and active supporter of the organization, Savović has served on numerous CVU committees and steering groups.
South Orange, NJ The Mosaic, a new upscale boutique multifamily development, tapped Crystal Window & Door Systems’ products to bring elegance, style, and class to the project. The national award-winning manufacturer furnished the new development with 323 energy efficient large windows and doors.
Manhattan, NY The architecture and interior design firm Spacesmith has promoted two emerging leaders whose work has helped shape the firm’s expanding national and international portfolio: Designer Jaclyn Lieck, a project leader on complex workplace, embassy, and retail commissions
Bronx, NY GFP Real Estate, LLC made known that Legal Services NYC has signed a new 15-year, 8,995 s/f office lease extension at 349 East 149th St. The long-term lease expands
Manhattan, NY Legion Investment Group and Nahla Capital has signed the penthouse at 1122 Madison Ave., a new condominium designed by Studio Sofield, into contract for the asking price of $89.5 million. The residence sets a new Upper East Side record, achieving the highest price
Manhattan, NY A coalition of co-op and condo owners from across the five boroughs have formed Co-ops and Condos United of NY, a grassroots advocacy group charged with representing the interests of the more than one million New York homeowners who live in this type of housing.
Manhattan, NY Marx Realty (MNPP) has entered a partnership with the downtown speakeasy Please Don’t Tell (PDT), to introduce Highball Ltd. at its 10 Grand Central office tower in Midtown. The new bar – grounded in the glamour of the era of Jazz Age New York and Art Deco skyscrapers
Manhattan, NY TransUnion, a global information and insights company, has signed a lease with The Durst Organization for the entire 30,140 s/f sixth floor at 1155 Ave. of the Americas to accommodate its New York-based associates, visiting executives and clients.
Manhattan, NY The NYC Housing Partnership has launched an asset management/housing stability unit to strengthen asset management capacity across New York City’s affordable housing ecosystem which is facing increased financial stress as regulated rents fail to keep pace with rising operating costs.
Becoming a mom of two in the last two years has taught me many things – like how to function on four hours of broken sleep and how to negotiate with a toddler who believes ketchup can, and should, be an entire meal. But more profoundly, entering my mom-era has made me view the world and my work in the New York energy and real estate sectors with new perspective; It’s hard to bring new humans
Queens, NY Queens Development Group (QDG) – a joint venture between Related Companies and Sterling Equities – in partnership with the New York City Department of Housing Preservation & Development (HPD), New York City Housing Development Corporation (HDC) and the New York City Economic Development Corporation (EDC) have concluded the affordable housing lottery for Willets Point Commons.
Manhattan, NY SL Green Realty Corp. has inked a new 10-year, 163,095 s/f lease at 11 Madison Ave. with Clay, an AI Sales growth stage company that surpassed $100 million ARR in Q4. Clay will occupy the entire 14th and 16th floors, together with a part of the 15th floor.
Manhattan, NY Global Holdings in partnership with woman-owned real estate company MAG Partners, have released an exclusive and limited collection of top floor homes within luxury residential tower, Anagram Turtle Bay. Designed to emphasize the light views from the upper floors of the 23-story rental building, the ‘Residences From The Top’ collection
Brooklyn, NY According to Two Trees Management Co., Penthouse 3A at One Domino Square is in contract for $7 million. The tallest home on the city waterfront, the residence now holds the record for the most expensive sponsor sale in North Brooklyn history by price per s/f ($3,313),
New York City’s Commercial Harassment Law has been in effect for 10 years with few headline cases reported. The increase of conversions of office properties to residential may, however, cause an uptick in filed cases. While the definition of harassment in the code includes some obvious wrongs (using force or threats), another less obvious prohibited act is “commencing unnecessary construction”