New York City

Polakoff of Avison Young arranges $13.25m sale of 100 Second Ave.

New York, NY The New York City office for Avison Young completed the sale of 100 Second Ave., an eight-unit mixed-use asset located on 1st Ave. between East 5th St. and East 6th St. in the East Village

Industrious partners with Resolution Real Estate to operate 23,000 s/f coworking space

New York, NY Industrious has partnered with Resolution Real Estate Partners LLC to operate three floors of coworking space in the real estate company’s building at 251 West 30th St. Industrious will take over 23,000 s/f of space

Helmsley Spear handles 43,542 s/f lease to Quest

New York, NY Helmsley Spear, LLC has represented the ownership of 48 Wall St. in a new long-term lease with Quest Workspaces for the entire 10th, 11th and 12th floors for a total of 43,542 s/f.

RFR completes six new leases comprising 28,111 s/f at 17 State St. in Downtown

New York, NY RFR has completed six new leases at 17 State St., a 42-story, 571,000 s/f trophy office tower in Lower Manhattan. Ranging from financial services to healthcare technology and accounting firms, the six firms will account for a total of 28,111 s/f

Greenspan and Kaufman of Kaufman Org. arrange 5,045 s/f lease to RTP Global

New York, NY According to Clarion Partners, LLC and The Kaufman Organization, RTP Global has signed a 5,045 s/f lease on the 17th floor at 100-104 Fifth Ave. Grant Greenspan and Michael Kaufman, partners of Kaufman, represented the landlord, Clarion Partners

New York City is making changes to income and expense annual reporting - by Peter Blond

While much of life continues to be a forced “new normal,” some things never change. The annual New York City requirement of reporting your prior year income and expenses contains a new poison pill; full rent roll data (including both commercial and residential units) must now be provided online by June 1st, 2021.

Manhattan, one year later - by Joseph Aquino

One year after COVID-19 hit the world, it’s obvious that the virus has affected the real estate sector more than we wish to admit. The buzz about vaccination has created some hope that things will return to normal quickly—but don’t place your bets on a roaring 20s rebound.

NYC’s construction industry is building the future by looking at the city’s COVID limitations - by Phillip Ross

It’s often said that COVID didn’t change the industry as much as it accelerated longer-term changes that were already underway. There is a lot of truth to this. In the past year, we’ve seen new industries growing

2021 Ones to Watch: Dominic Perkaj, Avison Young

How do you contribute to your community or your profession? Outside of work, I am the chairman and co-founder of HELP USA’s Associate Board, a group of driven, young professionals.

Columbia Pacific Advisors secures $13.75 million bridge loan

Manhattan, NY Columbia Pacific Advisors Bridge Lending, a platform within Columbia Pacific Advisors, has provided a $13.75 million bridge loan to complete the redevelopment of