RFR has signed two new financial firm leases totaling 20,739 s/f at 477 Madison Ave., 60 days after acquiring the property and subsequently launching a comprehensive capital improvement program to elevate the quality of the building.
Real estate developers have long been smitten with Brooklyn, with their sights set on the upside potential offered by its eclectic neighborhoods, such as Flatbush. As construction continues on several high-profile projects, the cost of land in central Brooklyn is poised to climb as investors take advantage...
After over twenty years in New York City real estate, I would have never dreamed the city’s own legislators would endeavor to amputate the multi-billion dollar hand that feeds it. As if the recent rent law transformations in Albany weren’t damaging enough to owners of multifamily...
Why the next real estate downturn might have less distressed opportunities than the 2008 and 1986 downturns. The real estate crash that occurred in 2008 marked the end of a real estate super-cycle that began 22 years prior, in the aftermath of the 1986 real estate crash.
Newmark Knight Frank (NKF) and full-service commercial real estate brokerage Lee & Associates NYC (Lee NYC) have arranged a 68,760 s/f sublease on the entire 11th
floors at....Brooklyn, NY
GFI Realty Services, LLC has brokered the $7.225 million sale of 8678 Bay Pwy., a four-story walk-up, 30-unit multifamily property in the Bath Beach section. GFI senior director Shlomo Antebi represented the...Manhattan, NY
Anthony Ponte of Stonegate Real Estate represented the landlord in a 1,800 s/f retail condominium lease at 440 Washington St., TriBeCa. The tenant, Mathieu Lustrerie, was represented by Brett Weinstock of The F+B Group.Manhattan, NY
According to The Rudin Family, Swiss luxury skincare brand La Prairie has finalized a 10-year lease at 41 Madison Ave., a location in one of the Flatiron District’s most heavily-trafficked corridors.
Cresa’s Michael Okun, principal, and Daniel Taormina, vice president, have arranged a new location for Octave at 45 East 20th
St., between Broadway and Park Ave. South...Bronx, NY
100 members of the NYC real estate industry came together for Rebuilding Together NYC’s annual She Builds Day. Spearheaded by co-chairs Laura Jackson and Laurie Grasso, along with the She Builds Women...