Front Section

Westchester County’s Local Development Corp. votes approval of $195 million bond for 162,626 s/f Patient Care Tower

Valhalla, NY The Westchester County’s Local Development Corp. (LDC) voted on final approval of $195 million in tax-exempt bond financing for the development of a new 162,626 s/f Patient Care Tower on the campus of Westchester Medical Center.

Adler of Rand Commercial completes $9.3 million sale of 522 acres

West Park, NY Rand Commercial has completed the $9.3 million sale of 522+/-acres at 2054-2055 Rte. 9W in Ulster County. This property was home to the Missionary Sisters of the Sacred Heart and the site of Mother Cabrini’s miracle. Paul Adler, Esq., SIOR,

Othership signs 10-year 6,168 s/f lease at Rubenstein’s 25 Kent

Brooklyn, NY Rubenstein Partners’ 25 Kent, a mixed-use office, retail and light manufacturing building located in Williamsburg, has signed a 10-year, 6,168 s/f lease with Othership. Serving as the social hot + cold concept’s inaugural location, the 25 Kent space will offer

Yahn, Brooks and Organ of Cushman & Wakefield represent Hyundai Motor America in $22.5 million acquisition

Manhattan, NY Cushman & Wakefield advised Hyundai Motor America (HMA) in the acquisition of a boutique commercial building located at 500 West 14th St. in the Meatpacking District. The multinational automotive company acquired the three-story building

Kintzer of Royal Properties brokers sale
of 16,400 s/f Tesla building

Mount Kisco, NY Royal Properties, Inc. brokered the sale of the Tesla Store & Service Center located at 115 Kisco Ave. The 16,400 s/f property is fully occupied by Telsa under a long-term net lease and sits on 0.92 acres. The site is situated along Kisco Ave., which sees 12,638 cars per day,

IPA Capital Markets hires Herzog and Kazanjian

Manhattan, NY Max Herzog and Marko Kazanjian have joined IPA Capital Markets (IPA), a division of Marcus & Millichap. Herzog will serve as executive managing director, capital markets, and Kazanjian as senior managing director, capital markets at IPA

AmTrust signs Worldwide TechServices to 5,467 s/f lease at 250 Broadway

Manhattan, NY AmTrust RE has completed a 5,467 s/f lease transaction with Worldwide TechServices at 250 Bdwy., a 648,000 s/f office property. Anne Holker, AmTrust RE’s managing director of leasing and acquisitions, represented both parties in the transaction. Located across the street from City Hall Park, 250 Bdwy. offers companies an ideal headquarters location with access to a wealth of transportation options.

Improve your commercial real estate marketing using data - by Kimberly Zar Bloorian

In times of market uncertainty, data-driven decision-making isn’t just a luxury—it’s a necessity. By leveraging data analytics, you can uncover market trends, measure campaign efficacy, and confidently make strategic choices for your commercial real estate business. As you

CBRE arranges 23,623 s/f office lease for Sprinklr

Manhattan, NY CBRE negotiated a 23,623 s/f office lease at Hudson Commons, the 697,960 s/f 25-story trophy tower at 441 Ninth Ave. owned by CommonWealth Partners (CWP). Sprinklr inked a lease for the entire 12th floor.

McAllister of Statewide Abstract raises money for HGAR Foundation biking 142 miles

White Plains, NY Matt McAllister, COO of Statewide Abstract, recently participated in a grueling 142-mile bike race in Colorado to raise money to benefit the Hudson Gateway Realtor Foundation (HGRF). McAllister, who is also an agent with Corcoran Baer & McIntosh in Nyack,