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JLL completes 120,720 s/f lease for FTI Consulting at 1166 Avenue of the Americas

JLL completes 120,720 s/f lease for FTI Consulting at 1166 Avenue of the Americas

September 22, 2020
Manhattan, NY According to Edward Minskoff Equities Inc. and JLL, FTI Consulting, Inc. has signed a long-term lease for 120,720 s/f on three floors at 1166 Avenue of the Americas. With the completion of
Boulder Group arranges sale of net leased Dunkin’ – $654,000

Boulder Group arranges sale of net leased Dunkin’ – $654,000

September 22, 2020
Poughkeepsie, NY The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant ground leased Dunkin’ located at 2580 South Rd. The property traded for $654,000.
Bestreich and Reynolds of BRG sell development site for $1.03 million

Bestreich and Reynolds of BRG sell development site for $1.03 million

September 22, 2020
Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 676 Halsey St. for $1.03 million. This development site is located between
Lincoln Property Co. renews 3,243 s/f lease for Mendham Capital Management

Lincoln Property Co. renews 3,243 s/f lease for Mendham Capital Management

September 22, 2020
Basking Ridge, NJ According to Michael Taylor, senior vice president of Lincoln Property Co., on behalf of CIG Properties, Mendham Capital Management, Inc. has signed a long-term lease extension for 3,243 s/f on
DeSimone Consulting Engineers completes asset purchase of RRC Engineering

DeSimone Consulting Engineers completes asset purchase of RRC Engineering

September 22, 2020
Plainville, MA DeSimone Consulting Engineers, a leading full-service engineering firm with offices worldwide, has completed the asset purchase of RRC Engineering, a Massachusetts-based structural engineering firm
Eastern Union launches new small loans division, Steinhardt appointed to lead new division

Eastern Union launches new small loans division, Steinhardt appointed to lead new division

September 22, 2020
Brooklyn, NY Eastern Union has launched a new Small Loans Division. Sarah Steinhardt has been named director of the new Small Loans Division, which will primarily focus on multifamily deals valued at
Law: COVID-19 kicks public assembly uses to the curb - by Judy Simoncic

Law: COVID-19 kicks public assembly uses to the curb - by Judy Simoncic

September 22, 2020
COVID-19 has left its mark on numerous sectors of our economy in ways we never would have imagined prior to March of 2020. The real estate sector is among one of those hit hardest by COVID-19. Under usual circumstances,
NKF secures 19,500 s/f showroom for Wren Kitchens

NKF secures 19,500 s/f showroom for Wren Kitchens

September 22, 2020
Levittown, NY Newmark Knight Frank (NKF) handled U.S. showroom leases for the UK’s Wren Kitchens within the tri-state region.
Buroni of Sutton Real Estate Co. brokers $170,000 sale

Buroni of Sutton Real Estate Co. brokers $170,000 sale

September 22, 2020
Syracuse, NY Matt Buroni of Sutton Real Estate Co. brokered the sale of 1001 N. State St. The sale price was $170,000.
Westchester County’s Local Development Corp. board approves $340 million bond financing

Westchester County’s Local Development Corp. board approves $340 million bond financing

September 22, 2020
White Plains, NY The Board of Directors of Westchester County’s Local Development Corp. (LDC) has voted to approve $340 million in bond financing for two major not-for-profits.
SL Green completes $600 million refinancing

SL Green completes $600 million refinancing

September 22, 2020
Manhattan, NY SL Green Realty Corp. closed on a new $600 million construction facility for 410 Tenth Ave., the company’s 636,000 s/f office redevelopment anchored by Amazon and First Republic Bank.
RFR acquires 575,000 s/f Midtown office tower for $350 million

RFR acquires 575,000 s/f Midtown office tower for $350 million

September 22, 2020
Manhattan, NY According to RFR, it has acquired 522 Fifth Ave. in a $350 million transaction. The 23-story office tower is centrally located at 44th St., near some of the city’s transportation hubs
Rosewood Realty Group closes 528-unit multifamily portfolio; expands investment sales team

Rosewood Realty Group closes 528-unit multifamily portfolio; expands investment sales team

September 14, 2020
New York, NY Rosewood Realty Group completed the sale of two large new construction multifamily properties totaling 528-units in Texas as the company’s new National Investment Sales Division spreads out to states across the country closing deals beyond
Finding the solution: Mobile and in-office working in the post-COVID environment - by Thomas Vecchione

Finding the solution: Mobile and in-office working in the post-COVID environment - by Thomas Vecchio...

September 11, 2020
Commercial property owners and office tenants in New York and cities throughout the nation have been on a roller coaster ride since shutdowns began in March. Anyone planning for re-entry into the workplace has endured psychological whiplash as the thinking on health, safety and
Cappelli on his success, creative influence, staying power, Coronavirus and more - by Matthew O'Shaughnessy

Cappelli on his success, creative influence, staying power, Coronavirus and more - by Matthew O'Shau...

September 8, 2020
Yonkers and Bronx native Louis Cappelli is considered across New York state and beyond as one of the true pioneers of suburban real estate. His father, Luca Cappelli, began an electrical
Future of New York CRE Three-Part Webinar Series hosted by NYREJ

Future of New York CRE Three-Part Webinar Series hosted by NYREJ

September 8, 2020
The New York Real Estate Journal is producing a three part Webinar series on the future of commercial real estate in New York. The first panel discussion on the Long Island Market will be held on September 16, 2020 10am-11:30am. The second panel,
SWBR welcomes DiGiacomo, Ferris and O’Brien; Pietrantoni earns license

SWBR welcomes DiGiacomo, Ferris and O’Brien; Pietrantoni earns license

September 8, 2020
Rochester, NY According to SWBR, Gianfranco Pietrantoni received his New York State architectural license from the New York State Education Department. Pietrantoni is a project architect at the firm.
Empire nears completion of 7,600 s/f build out for D1 Training

Empire nears completion of 7,600 s/f build out for D1 Training

September 8, 2020
Fairport, NY Empire Commercial Construction, a retail-specific company of regional general contractor Taylor–The Builders, is completing construction of the new D1 Training location at the redeveloped
NAI Global opens office in Syracuse; Lischak to head new office, NAI Bridgeway

NAI Global opens office in Syracuse; Lischak to head new office, NAI Bridgeway

September 8, 2020
Syracuse, NY According to NAI Global president and CEO Jay Olshonsky, FRICS, SIOR, the firm has opened a new office with NAI Bridgeway Commercial. Tom Lischak, CCIM, broker/owner, will head the new
Uniland Development begins sales at Gates Circle project

Uniland Development begins sales at Gates Circle project

September 8, 2020
Buffalo, NY Uniland Development Company has started construction and is taking deposits on 12 upscale residences in one of the city’s most in-demand neighborhoods, the intersection of Delaware District and