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Anton, Natalizio and Warner of Marcus & Millichap broker sale of Perch Harlem for $19 million; Fotis...
November 19, 2019
Manhattan, NY Marcus & Millichap completed the sale of Perch Harlem located at 542 West 153rd St. in Hamilton Heights, a seven-story, 29,442 s/f, 34-unit market-rate rental developed to
Mavashev, Leser and Brodie of Alpha Realty arrange five sales totaling $8.7 million
November 19, 2019
Brooklyn, NY Lev Mavashev, principal of Alpha Realty, along with his team, associates Yehuda Leser and Jake Brodie, represented the buyers and sellers in the following sales: 110 Ave. C consists of
City of Peekskill seeks Downtown Revitalization Initiative project proposals
November 19, 2019
Peekskill, NY Earlier this year, the city was selected by the Mid-Hudson Regional Economic Development Council to receive a $10 million award through the states Downtown Revitalization Initiative (DRI).
Harmon, Spies, King, Doneger, Fasullo and Donner of C&W advise Rudin Management in $181.5 million sa...
November 19, 2019
Manhattan, NY The Chetrit Group, a private real estate development firm, has acquired One Whitehall St., a 21-story glass and steel mixed-use office property, in the Financial District for $181.5 million.
Jacobson Props. and Pyramid sell Benedictine Cancer Center – $13.61 million
November 19, 2019
Kingston, NY Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Co. of Binghamton have completed the sale of the Benedictine Cancer Center for $13.61 million. This is the final remaining
Construction begins for $17 million expansion of National Purple Heart Hall of Honor
November 19, 2019
New Windsor, NY According to governor Andrew Cuomo, construction is beginning on a $17 million expansion of the National Purple Heart Hall of Honor in Orange County. The Hall of Honor is being expanded with
Real Estate Law: Tax-exempt commercial leasehold condominiums take hold on Long Island - by Judy Lyn...
November 19, 2019
Tax-exempt commercial leasehold condominiums on Long Island require navigation of additional regulations. The New York State Condominium Act (Real Property Law Article 9-B) permits tax-exempt organizations to acquire
Marriott International acquires W New York – Union Sq.
November 19, 2019
Manhattan, NY According to Marriott International, Inc., it has purchased the 270-room W New York – Union Sq. for $206 million. The company plans a renovation for the 20-story hotel, located at 201 Park
T. Weiss Realty leases 3,434 s/f class-A office space
to Windstream Communications at Melville C...
November 19, 2019
Melville, NY According to T. Weiss Realty Corp., Windstream Communications Inc., has leased 3,434 s/f of class-A office space at Melville Corporate Center I, 105 Maxess Rd. Melville Corporate Center I, which has 149,000 s/f, is 95% leased.
MDG, Smith & Henzy Advisory, and KMX Group complete $25 million redevelopment project in Buffalo
November 19, 2019
Buffalo, NY The $25 million renovation and preservation of Buffalo’s Riverview Manor Apartments and Piotr Stadnitski Gardens has been completed. Together, the developments offer 210 affordable homes
AKS Capital Partners place $215 million refinance for Delancey Street Assocs. JV
November 19, 2019
Manhattan, NY Delancey Street Associates (DSA), a joint venture of L+M Development Partners, BFC Partners, Taconic Investment Partners, the Prusik Group and the Goldman Sachs Urban
Trinity Street Capital Partners negotiates $17 million acquisition financing for 230 Plaza LLC
November 19, 2019
Nanuet, NY Trinity Street Capital Partners has originated $17 million in acquisition financing for Kohl’s Plaza, located along Rte. 59 in Rockland County. The 10-year agency loan features interest only
Manning joins Shen Milsom & Wilke
November 19, 2019
New York, NY Bruce Manning, CTS-D, has joined Shen Milsom & Wilke as an associate principal, audiovisual. With nearly 40 years
AECOM Tishman completes Brookfield’s One Manhattan West
November 19, 2019
New York, NY Brookfield Properties has completed One Manhattan West, a 67-story, 2.1 million s/f office tower located on the corner of Ninth Ave. and 33rd St. Designed by Skidmore, Owings
Construction real estate - local law compliance: Building in New York City - by Leslie Cook
November 19, 2019
The New York City building code is an ever-changing panoply of rules and regulations, with new local laws and regulations coming out every day. Miss a new regulation and your project could be faced with thousands of
Building repositioning: Navigating today’s real estate market - by Irem Yildiz
November 19, 2019
The real estate industry is in a state of flux as technology continues to impact how people work and live at an ever-increasing pace. These advancements in connectivity - accompanied by a diversified workforce, a new
Water, water, lead sweet water: A three-step approach to access/manage a lead in water risk - by Lee...
November 19, 2019
Wow! Who would have thought the whole lead-in-water issue would resurrect itself in Newark, N.J.? Didn’t we figure this one out? And didn’t our public water systems have enough common sense to keep their
New rules for fire safety guides, checklists and Close The Door signs deadline April 30 - by Evan Li...
November 19, 2019
The FDNY has just formalized a new rule 3 RCNY 401-06, entitled, “Fire and Emergency Preparedness Guide, Checklist and Notices.” The FDNY adopted this new rule to implement the provisions of Local Laws 114 and
Syska Hennessy promotes Loh to senior principal
November 19, 2019
New York, NY Val Loh, Syska Hennessy’s global practice leader for Information and Communication Technology (ICT), has been promoted to senior principal, according to Cyrus Izzo, co-president
Boddewyn Gaynor Architects designs Metropolitan Fine Arts and Antiques showroom
November 19, 2019
Manhattan, N.Y. For more than 40 years, Metropolitan Fine Arts and Antiques has specialized in fine arts and antiques from Europe and Asia, such as vintage Rene Lalique glass, Faberge eggs as well as a full