New York City

Ariel Property Advisors’ year in review: Provides expertise for clients, employees, and communities - by Shimon Shkury

Ariel Property Advisors enjoyed a busy year. Our focus in 2018 has been on strengthening our internal structure, culture and collaboration. We want to make sure that our clients can leverage our resources, expertise and execution, and therefore, internal teamwork and the implementation of several key processes was crucial for us. Our mission remains the same: Provide real estate expertise that empowers clients, employees, and communities.

Amazon to Queens – Dissecting the deal: What does this imminent arrival entail? - by Rubin Isak and Mark Pietrogiacomo

Amazon is coming to Queens. But just what does this imminent arrival entail? The Memorandum of Understanding (MOU) states that Amazon will build, renovate, and operate approximately 4 million s/f of commercial space on the Long Island City waterfront (Anable Basin) and create upwards of 25,000 new jobs with an average wage of over $150,000 annually. This is just the first phase of Amazon HQ2, there is a planned expansion of an additional 2 to 4 million commercial s/f and another 15,000 jobs to be added within five years after the completion of the first phase. 

Foerch of Savills Studley leases 11,000 s/f to Harman at 19 West 44th Street

New York, NY Savills Studley has completed a new office lease for Harman International (Harman). Harman, a Samsung company, designs ...

Swig of Swig Equites lights world's largest menorah

NEW YORK, NY In celebration of Chanukah, Kent Swig, president of Swig Equities, LLC, joined Rabbi Shmuel Butman in lighting the world’s largest menorah on December 6, marking the fifth night of Chanukah. "I am honored and thrilled to have been invited once again by Rabbi Shmuel Butman to light the world's largest Chanukah Menorah,” said Kent Swig. “In these challenging times, it was very meaningful to me to participate in the expression of the Menorah’s universal message of light over darkness, freedom over oppression and liberty over tyranny,” Swig continued. Located at Fifth Ave. in front of The Plaza Hotel, the giant menorah is a 32-foot high, gold-colored, 4,000-pound steel structure that features genuine oil lamp and glass chimneys to protect the light from strong winds. 

Eastern Union hires Yormark to lead expanded senior processor team

New York, NY Eastern Union has enhanced its capacity to serve both banks and borrowers by expanding its team of senior processors and bringing in new leadership to oversee its Underwriting Department. The firm hired Tzvi Yormark to lead the company’s Underwriting Department.

Nelson, Shertz and Fries of Avison Young named exclusive agents of 2147 Second Avenue

Manhattan, NY Avison Young’s tri-state investment sales group has been named the exclusive agent for the sale of 2147 Second Ave....

Crystal Window and Door Systems joins with Adler Windows to support the New York Cares Annual Winter Coat Drive

FLUSHING, NY National manufacturer Crystal Window & Door Systems, headquartered in New York City, is once again joining with premier win...

Dansker and Lusby of Marcus & Millichap sell two properties - $15.2 million

Manhattan, NY Marcus & Millichap’s multifamily investment sales team, led by Barbara Dansker and Steven Lusby, closed two mixed-us...

The transforming face of a New York City retail storefront: What is next? - by Aleksandra Scepanovic

Every industry has seen the impact of the digital revolution and retail is no exception. Traditional retail is morphing, in an attempt to go beyond yet another frontier. This is happening quickly in NYC, where residents live a fast-paced, constantly-evolving lifestyle, but it is also apparent on a national level.

Rosewood Realty completes $57 million sale of five Upper West Side buildings

Manhattan, NY Rosewood Realty Group has completed the $57 million sale of five Upper West Side buildings located at 4, 8, 10-16 Manhattan Av...