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SL Green Realty signs five leases at
485 Lexington Ave. - 64,303 s/f

Manhattan, NY SL Green Realty Corp. has signed four new office leases and one renewal lease at 485 Lexington Ave. totaling 64,303 s/f. “Leasing activity has rapidly improved over the first three months of the year,” said Steven Durels, SL Green’s executive vice president and director

GFP Real Estate closes on $54 million refinance loan from Apple Bank for 594 Broadway

Manhattan, NY GFP Real Estate, LLC has closed on a $54 million loan from Apple Bank to refinance 594 Broadway, a 12-story, 250,000 s/f office tower in SoHo. The new 10-year floating-rate permanent loan matures in 2034 and replaces a 2013

Atlantic Capital Partners sells 243,395 s/f At Colonie Center for $28 million to Heidenberg Properties affiliate

Albany, NY Atlantic Capital Partners has negotiated the sale of At Colonie Center, a super-regional grocery-anchored shopping center. The asset, which traded for $28 million is anchored by a highly productive Whole Foods Market and is one of the most

Aaron of Horvath & Tremblay sells 21-unit
mixed-use for $4.5 million

Manhattan, NY Robert Aaron of Horvath & Tremblay has completed the sale of 177 Chrystie St., a 21-unit mixed-use building. The asset sold for $4.5 million. Situated in a Lower East Side neighborhood, 177 Chrystie St., is a six-story brick building that contains one commercial unit on the ground floor

Lendlease and Extell Development top out
1520 First Ave. - 400,000 s/f medical office

Manhattan, NY Lendlease’s New York construction group has topped out 1520 First Ave., a 30-story medical office building in the Yorkville section of the Upper East Side. Developed by Extell Development Company, the 400,000 s/f facility, slated

Lee & Assocs. NYC arranges
$3.2m sale of 2,800 s/f retail site

Mamaroneck, NY Lee & Associates NYC has represented the seller in the sale of 1444 E. Boston Post Rd. for $3.2 million. The property consists of 2,800 s/f on half an acre and was previously leased to People’s United Bank.

Avison Young leases 9,200 s/f for Corcoran Group

Manhattan, NY Avison Young has arranged a new, full-floor 10-year lease at 220 West 19th St. on behalf of landlord Red Circle NY Corp. for the relocation of The Corcoran Group’s Chelsea office from 218 West 18th St. The

Networking is important and can be fun - by Harry Zlokower

One of the few marketing and public relations arts that does not seem to change much over the years is networking to make and develop good business development contacts, often at conferences and meetings but seemingly anywhere including parties, events, airplane trips,

TerraCRG names Marks as new CEO

Brooklyn, NY TerraCRG has promoted Dan Marks to CEO. Marks has been with TerraCRG for over 12 years. Since being appointed as partner of the firm in 2016, he has worked closely with founder Ofer Cohen, leading the firm to its market leadership

Ariel Property Advisors’ Q1 2024 multifamily sales report for New York City

New York, NY New York City recorded $1.44 billion in multifamily sales in Q1 2024, a 23% increase from Q1 2023, according to Ariel Property Advisors’ Q1 2024 Multifamily Quarter in Review NYC.