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$3 million Welcome Center at Walkway Over the Hudson State Historic Park opens in Poughkeepsie
July 2, 2019
Poughkeepsie, NY Governor Andrew Cuomo celebrated the opening of the $3 million Dutchess Welcome Center at the eastern approach to Walkway Over the Hudson State Historic Park. The multipurpose facility creates
Roth of Manhattan Skyline arranges two Long Island retail leases - 3,650 s/f
July 2, 2019
Sag Harbor, NY Joshua Roth, vice president, retail leasing for Manhattan Skyline Management Corp. has arranged two Long Island retail leases totaling 3,650 s/f. In the first lease, Sag Harbor Books, a new bookstore founded and operated by local resident and bookseller Daniel Hirsch...
Cohen of Ashlind Properties completes 85,000 s/f lease; Attivissimo of Griener Maltz represents land...
July 2, 2019
Central Islip, NY Richard Cohen, president of Ashlind Properties, an industrial/commercial Realtor, has arranged an 85,000 s/f warehouse lease. He represented the tenant, Elm Freight Handlers, who will occupy 555 N. Research Place. The space consists of two separate units...
Hunt Corp. Question & Answer: Cashing in your chips
July 2, 2019
Q: We have owned a 50,000 s/f warehouse building that houses our distribution business for many years. What is the best way to unlock the equity in the building in this hot real estate market?
Northwell Health dedicates hospital pavilion to Blumenfeld family to honor their lifetime of giving ...
July 2, 2019
New Hyde Park, NY Northwell Health recognized the Blumenfeld family in honor of their lifetime giving to Cohen Children’s Medical Center. The new Blumenfeld Family Pavilion was unveiled at a
Aquino of JAACRES Commercial Realty completes two
Southampton retail leases totaling 2,600 s/f
July 2, 2019
Southampton, NY Joseph Aquino, president of JAACRES Commercial Realty, has arranged two retail leases totaling 2,600 s/f. In the first deal, Aquino leased 1,800 s/f at 52 Jobs Ln. to The White Co. for a pop-up store. "We are thrilled to have this wonderful U.K....
Capital Property Partners handle $10 million sale of vacant East Village building for Better Living/...
July 2, 2019
Manhattan, NY Landlord and property management company Better Living, has acquired a vacant building in the East Village, once home to biker gang, Hells Angels. Daniel Rahmani, Michael Saidian, and Rubens Jourdan of
Cohen, Marks and Lebor of TerraCRG broker $55.95 million sale of 150,000 s/f Brooklyn office buildin...
July 2, 2019
Brooklyn, NY TerraCRG brokered the sale of 1000 Dean St., a 150,000 s/f creative office building, for $55.95 million. Asher Abehsera of LIVWRK is the buyer of the historic Crown Heights building.
Hunt Corp. brokers $1.4 million sale to U.S. Naval Facilities for water treatment plant
July 2, 2019
Bethpage, NY Hunt Corporate Services, Inc. has brokered the sale of 11 Union Ave. to the U.S.A., acting by and through the Naval Facilities Engineering Command. Naval Facilities plans to develop the 1.25-acre site and erect a water treatment plant. David Hunt of Hunt Corp.
Silber of Silber Investment Properties arranges $8 million sale; 13,000 s/f retail building sold to ...
July 2, 2019
Central Islip, NY JRI 28CI LLC, a New York City-based real estate investment group, has purchased a retail property for $8 million from Pandem Enterprises. The 13,000 s/f retail building is located on 1.31 acres at 2-8 East Suffolk Ave. and has a NNN leased CVS drugstore as the tenant. Adam Silber of Silber Investment Properties (SIP) represented the buyer,
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Feldman of HFZ Capital Group addresses members at
YM/WREA membership luncheon at the University ...
June 20, 2019
New York, NY YM/WREA was honored to host Ziel Feldman, Chairman & Founder, HFZ Capital Group at their June 11th membership luncheon held at the University Club. Feldman spoke to a packed room of members and guests about HFZ’s development philosophy and current projects...
Braus, Salzman and Rosen of Lee NYC arrange 10-year, 5,660 s/f lease to BNB Bank
June 18, 2019
Manhattan, NY Peter Braus, managing principal, Kenneth Salzman, SIOR, executive managing director/principal, and Seth Rosen, director, of Lee & Associates NYC have arranged a 10-year, 5,660 s/f lease spread across the ground and second floors at 34 East 51st St. for the Manhattan branch and office of BNB Bank.
Horowitz and Salzman of Lee NYC arrange 15,479 s/f lease to Davines North America
June 18, 2019
Brooklyn, NY Lee & Associates NYC has negotiated a 10-year, 15,479 s/f lease on behalf of sustainable beauty company Davines North America at 61 North 11th St. in North Williamsburg. Corey Horowitz, executive managing director/principal, and Kenneth Salzman, SIOR, executive managing
Bestreich, Sproviero, Lobel, Kates, and Waring of BRG broker $2.75 million sale in Park Slope
June 18, 2019
Brooklyn, NY Bestreich Realty Group (BRG) arranged the sale of 836 Union St., a 4,000 s/f, mixed-use property in Park Slope. The final closing price is $2.75 million equating to approximately $688 per s/f. Derek Bestreich, Luke Sproviero, Adam Lobel, Gabriel Kates, and Toby Waring of BRG represented both the seller, Judy Ann Taylor, and the buyer, Charles Piggot in this transaction.
Buchbinder & Warren negotiates two restaurant leases totaling 5,950 s/f
June 18, 2019
Manhattan, NY Buchbinder & Warren Realty Group, LLC has arranged two leases totaling 5,950 s/f. In the first deal, Hummus Kitchen will open its third location at 182 Eighth Ave. William Abramson and Matthew Olden of Buchbinder & Warren represented the landlord, Eighth-19th Company, LLC
Famularo and Goldschmidt of Meridian Retail rep ARDOR School in 20,000 s/f lease in Brooklyn
June 18, 2019
Brooklyn, NY Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a 35-year lease for ARDOR School for Passion-Based Learning at 29 Nassau Ave. in the Williamsburg neighborhood. President of New York retail leasing, James Famularo, and director, Eliot Goldschmidt, represented the tenant while Modern Spaces represented the landlord.
Briskin and Forelli of Feil Org. complete two leases at 488 Madison Avenue totaling 2,654 s/f: Mephi...
June 18, 2019
Manhattan, NY The Feil Org. has completed the releasing of the retail arcade at 488 Madison Ave., signing Mephisto Shoes to 1,854 s/f and Mighty Bowl to 800 s/f. Both are expected to open in the fall. The leases total 2,654 s/f. Indochino, Bonobos Guideshops, UNTUCKit, City Hats, and Jack Erwin have all opened
Kapnick and Watson of Lee NYC lease 8,200 s/f to Greenwich Gourmet; Weinblatt of compass reps landlo...
June 18, 2019
Manhattan, NY Mark Kapnick, executive vice president/principal, and Michael Watson, associate director, of Lee & Associates NYC have negotiated a 8,200 s/f lease at 378 Sixth Ave., between Waverly Pl. and West Eighth St., for Greenwich Gourmet Market. The space will be divided between 4,000 s/f on the ground floor and 4,200 s/f on the lower level.
Hentze of HSP Real Estate arranges 8,500 s/f lease for Satori Laser
June 18, 2019
Manhattan, NY Joseph Hentze, Jr. of HSP Real Estate Group, a member of NAI Global, has arranged the lease for an 8,500 s/f space at 45 West 34th St., between Fifth and Sixth Aves., for Satori Laser. Working with Hentze on behalf of the tenant was HSP executive director Jeffrey Zund.
Outside the Region: Largo expands into Miami, with the opening of its 11th office
June 18, 2019
Miami, FL The Largo Group of Cos. has their continued expansion with the opening of a new office. The office will be headed by Federico Calaf, VP of originations who is a veteran to the commercial real…