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Shawmut Design and Construction unveil PUMA flagship with Design Republic
December 17, 2019
Manhattan, NY PUMA North America opened the doors to its first-ever U.S. flagship store. In collaboration with design firm Design Republic and construction management firm Shawmut Design and Construction, this project is
Fisher Brothers and Blue Bottle Coffee reach agreement for 953 s/f at 1345 Avenue of the Americas
December 17, 2019
Manhattan, NY Fisher Brothers has reached an agreement with the café chain Blue Bottle Coffee, which will become the third major food and beverage brand to open a new location at the base of 1345 Avenue of the Americas,
Thor Equities Group welcomes Club Monaco to 597 Fifth Ave.–13,000 s/f
December 17, 2019
Manhattan, NY Thor Equities Group has leased 13,000 s/f at 597 Fifth Ave. to Club Monaco for a three-year term. “An exceptionally elegant building with a rich history, 597 Fifth Ave. offers Club Monaco an
Target signs 33,000 s/f lease with Tishman in Times Sq.
December 17, 2019
Manhattan, NY According to Target, the retailer plans to open a new small-format store located on 42nd St. between 7th and 8th Aves. in Times Sq. Projected to open by 2022, the Times Sq. store will be
REBNY releases 2019 Manhattan Retail Report
December 17, 2019
Manhattan, NY The Real Estate Board of New York’s (REBNY) has released its fall 2019 Manhattan Retail Report.The report found that average asking rents per s/f fell in many of the borough’s retail corridors in a continuation of a
Federal Realty Investment Trust acquires Georgetowne Shopping Center for $83.7 million
December 17, 2019
Brooklyn, NY Federal Realty Investment Trust has acquired Georgetowne Shopping Center, a 147,000 s/f grocery-anchored neighborhood shopping center with surface parking on nine acres. The property is located in the borough’s Georgetown neighborhood.
New York’s changing department store landscape - by Joseph Aquino
December 17, 2019
Department stores come and go. When one goes out of business, it’s nothing unusual. But consider how many have gone out of business in New York City in just the past generation: Gimbels, B. Altman, Mays, E. J. Korvette, Alexanders, Abraham & Straus,
Ariel Property Advisors 2019 Year In Review - by Shimon Shkury
December 17, 2019
Ariel Property Advisors in 2019 continued to successfully accomplish its mission: Provide real estate expertise that empowers clients, employees, and communities to reach their full potential. This was strengthened by our firm’s steadfast commitment to the
Hunton Andrews Kurth hosts client reception
December 17, 2019
New York, NY Hunton Andrews Kurth hosted over 350 clients and friends at its 8th annual New York real estate client reception at The Freehand Hotel to enjoy food, drink, conversation and networking.
Zada joins HelmsleySpear
December 17, 2019
New York, NY According to HelmsleySpear, LLC Afa Zada has been hired as a real estate agent and licensed salesperson. Zada brings over a decade of experience in international real estate development and global marketing.
Henderson named EVP and head of commercial real estate at Capital One
December 17, 2019
New York, NY According to Capital One, Jamie Henderson will join as executive vice president and head of commercial real estate starting in January 2020. Henderson will report to Michael Slocum, president of commercial banking and
Ditchik & Ditchik welcomes Tishco as partner
December 17, 2019
New York, NY According to Ditchik & Ditchik, PLLC, the law firm has welcomed real property tax attorney Steven Tishco to the position of partner. Tishco will serve in a leadership capacity alongside managing partner Joel Ditchik.
Bolano of Colliers named to NYC Builds Bio+ Healthcare sub-committee
December 17, 2019
New York, NY According to Colliers Project Leaders | USA, Joe Bolano has been appointed as the chair to the NYC Builds Bio+ Healthcare Sub-Committee. Bolano, who is the managing director of Colliers Project Leaders’ NY office, leads the
Romer Debbas welcomes Bier as partner
December 17, 2019
New York, NY According to Romer Debbas, LLP, Rick Bier, Esq. has joined the firm as a partner. Bier equally focuses on corporate and business transactions; real estate and land use; and taxation, trusts and estates.
Bretz & Coven, LLP expands law practice with new office in the Bronx
December 17, 2019
Bronx, NY According to Bretz & Coven, LLP, the firm has opened a new office located at 2555 Grand Concourse. A grand opening and ribbon cutting ceremony were held on November 22nd. This is the firm’s third location.
Eastern Union hires Yormark to lead expanded senior processor team
December 17, 2018
New York, NY Eastern Union has enhanced its capacity to serve both banks and borrowers by expanding its team of senior processors and bringing in new leadership to oversee its Underwriting Department. The firm hired Tzvi Yormark to lead the company’s Underwriting Department.
Arker Cos. celebrates with NYCHA turkey donations
December 17, 2019
Brooklyn, NY To celebrate Thanksgiving, the Arker Cos., in partnership with Omni New York, Dabar Development Partners and Bedford Stuyvesant Restoration Corp., hosted a giveaway of over 2,600 turkeys to New York City Housing Authority (NYCHA) residents
Ariel Property Advisors hosts “Brooklyn New” panel Nov. 14
December 17, 2019
Brooklyn, NY Ariel Property Advisors (APA) hosted a networking and panel discussion, “Brooklyn New,” at the Brooklyn Public Library on Thursday, November 14th where all proceeds were donated to the library. The event was
Greystone closes $50 million bridge loan to refinance 75-unit House No. 94
December 17, 2019
Brooklyn, NY Greystone closed a $50 million bridge loan made to an affiliate of Hudson Companies, Inc. to refinance House No. 94, a new seven-story, 75-unit “80/20” mixed-income multifamily rental building located at 94 North
Cole Schotz P.C. reps Cove Property Group in $724.2 million financing for Hudson Commons redevelopme...
December 17, 2019
Manhattan, NY Cole Schotz P.C. represented Cove Property Group in connection with a $724.2 million financing for Hudson Commons, Cove’s 25-story, 698,000 s/f office redevelopment at 441 Ninth Ave. in the Hudson Yards submarket.