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Dayan and Weiss of HSP arrange 2,901 s/f lease to The Design Gym
June 18, 2019
Manhattan, NY The Design Gym, a corporate consultancy focused on innovation, creativity, team building, training and facilitation, has signed a lease for a 2,901 rentable s/f suite at Brause Realty, Inc.'s 320 Fifth Ave. Located on the 10th floor, the new suite features hardwood floors, exposed ceilings, LED lighting and glass-fronted rooms.
Bow, Romeo and Grimaldo of Durst Org. lease 37,768 s/f to Vevo LLC; Berke and Ortiz of Newmark Knigh...
June 18, 2019
Manhattan, NY According to The Durst Org., Vevo LLC signed a five-year lease for 37,768 s/f on the 25th floor of One Five One West 42nd St. Vevo has sub-leased the floor from law firm Skadden Arps for the past seven years.
Jungreis of Rosewood completes $9.6 million sale of 54-unit Fordham Heights building
June 18, 2019
Bronx, NY Rosewood Realty Group has completed the $9.6 million sale of a 54-unit Fordham Heights multifamily building. The five-story walk-up at 2474 Valentine Ave. (between East Fordham Rd. and East 188th St.), sold for 11 times the total rent roll. All of the apartments are rent stabilized.
Cohen, Marks and Tannenbaum of TerraCRG handle $5.2 million sale in Prospect Heights
June 18, 2019
Brooklyn, NY TerraCRG has closed on the sale of 603 Bergen St. in Prospect Heights. Ofer Cohen, Dan Marks and Adam Tannenbaum of TerraCRG were the brokers on the $5.2 million sale. “We are happy to announce the sale of this great property,” said Marks, partner at TerraCRG.
Lobel, Lecky, Frank and Ziskin of BRG broker $3.4 million sale; Represented buyer and seller of 3,30...
June 18, 2019
Manhattan NY Bestreich Realty Group (BRG) arranged the sale of 216 East 50th St. in Turtle Bay. The final closing price is $3.4 million, equating to $1,030 per s/f. Adam Lobel, Hakeem Lecky, Ethan Frank, and Zachary Ziskin of BRG facilitated both sides of the transaction.
DeSimone Consulting names five new partners to global engineering practice
June 18, 2019
New York, NY DeSimone Consulting Engineers has appointed five new partners to the firm's global engineering practice. Named in response to their personal contribution to the firm and business growth within their specialties, the new partners include James Bonanno, Benjamin Downing, Mukesh Parikh, Mark Plechaty, and Luis Ramirez.
Moinian Group and Bushburg’s 123 Linden continues construction; Team includes Hill West and Whiteh...
June 18, 2019
Brooklyn, NY Construction is progressing at Prospect Lefferts Gardens’ newest rental at 123 Linden Blvd. Developed by The Moinian Group and BushburgProperties, the 469,000 s/f property will contain 366,000 s/f of residential space
Question of the Month: What are property managers & bldg. owners doing to attract & retain tenants? ...
June 18, 2019
The modern office space no longer consists of the traditional cubicles and conference rooms. Tenants are now demanding amenities to create a sense of community and wellness in the workplace. The demand and its response are changing the way we view the standard office and pushing boundaries
Goldschmidt & Associates co-brokers $4.778 million sale with Bailey of Stan Johnson Co.
June 18, 2019
Newburgh, NY According to Eric Goldschmidt, senior partner of Goldschmidt & Associates, they have co-brokered a $4.778 million sale with David Bailey of Stan Johnson Co.
YoungCraft signs CVS to 13,200 s/f at The Rockwell
June 18, 2019
New Rochelle, NY According to YoungCraft, CVS Pharmacy has signed a multi-year lease for 13,200 s/f of retail space at “The Rockwell,” the company’s latest mixed-use project on
Nora joins Certilman Balin Adler & Hyman, LLP’s Banking/Commercial Lending Group as partner
June 18, 2019
East Meadow, NY Karen Nora joined the Banking and Commercial Lending Practice Group at Certilman Balin Adler & Hyman, LLP as a partner.
Gurvitch honored by National Association of Realtors with Federal Political Coordinator Meritorious ...
June 18, 2019
Brooklyn, NY Max Gurvitch was presented with the Federal Political Coordinator Meritorious Service Award by the National Association of Realtors (NAR) at their mid-year conference in Washington, D.C. on May 14th. A past president of
Hudson Gateway Association of Realtors and RISMedia co-host forum, “The State of Real Estate Data ...
June 18, 2019
New York, NY Top real estate experts joined the Hudson Gateway Association of Realtors (HGAR) and RISMedia at “The State of Real Estate Data in NYC” on May 20th in Manhattan to discuss
Fordham Real Estate Institute breakfast series: “She Builds: Slaying Dragons in Brooklyn”
June 18, 2019
Brooklyn, NY The Williamsburg Hotel was packed on Friday, May 17th, when over 100 real estate professionals gathered for the second event in The Fordham Real Estate Institute’s She Builds breakfast series. “She Builds: Slaying Dragons in Brooklyn”
Hub International Northeast names Sullivan as construction specialty practice leader
June 18, 2019
New York, NY According to Hub International Northeast Limited (Hub Northeast), a subsidiary of Hub Int’l. Limited, Mark Sullivan, ARM, CPCU, CRIS, has been promoted to construction
RE/MAX celebrates opening of Tuckahoe office
June 18, 2019
Tuckahoe, NY RE/MAX Distinguished Homes & Properties recently opened at 273 Columbus Ave., with a ribbon cutting ceremony, open house and community celebration. Broker/owners Eric Stein and Albert Posillico moved to
The Agency’s “Broome County…a good life” marketing program receives economic development awa...
June 18, 2019
Cooperstown, NY The Agency Broome County IDA/LDC was recognized by their economic development peers at the 2019 NYS Economic Development Council’s Annual Meeting held on
Limitations of Section 253-b for commercial line of credit - by Lindsay Mesh Lotito
June 18, 2019
Section 253-b of the New York State Tax Law is relied upon by many commercial lenders and their counsel as a safe haven exempting re-advances from the payment of additional mortgage tax under commercial credit line mortgages made for a face amount of less than $3 million…
Equinox and Industrious to offer workspaces in co-owned fitness clubs
June 18, 2019
Manhattan, NY Equinox has partnered with Industrious to offer workspaces co-located with its fitness club locations. Operating under the co-brand Industrious at Equinox, the first location will be at 35 Hudson Yards.
Steinberg promoted to general manager of CCW
June 18, 2019
Wylie, TX Brett Steinberg was promoted to general manager of Carlisle Coatings & Waterproofing, Inc. (CCW). He is responsible for the CCW brand strategy, as well as the development of sales and marketing channels for CCW's