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The Real Estate Board of New York names winners for the Retail Deal of the Year Awards

Manhattan, NY The Real Estate Board of New York (REBNY), named winners for its annual Retail Deal of the Year Awards at a ceremony and cocktail party held on September 13th. In its 25th year, the event attracted 150 members and guests, and was held at The Starbucks Reserve Roastery

Invictus Property Advisors and Stav Equities sell 1362 Pacific St. vacant brownstone for $2.475 million

Brooklyn, NY A European co-living fund purchased 1362 Pacific St., a vacant four-story 3,600 s/f brownstone in Crown Heights. The building was sold with DOB approved plans to expand the building horizontally and extend it in the rear.

Kalnitsky joins Forchelli Deegan Terrana LLP as partner

Uniondale, NY Forchelli Deegan Terrana LLP (FDT) welcomes Gregory Kalnitsky to the firm’s land use & zoning practice group as a partner. He previously held the following local government positions: acting corporation counsel of Long Beach and city attorney of Glen Cove.

Newmark secures first U.S. flagship for Portugal-based The Fantastic World of Portuguese Sardine

Manhattan, NY Newmark Retail said the firm has secured a new lease for The Fantastic World of Portuguese Sardine’s first U.S. flagship at Two Times Sq. The brand, operated by Comur Corp., signed a long-term lease to occupy the space on the Southeast Corner of Broadway and West

Eleven Moritt Hock & Hamroff lawyers named Best Lawyers in America & Best Lawyers: Ones to Watch in America for 2024

Garden City, NY Best Lawyers in America has recognized 11 Moritt Hock & Hamroff lawyers in its 2024 edition. Four lawyers were included in The Best Lawyers in America and seven lawyers were included in The Best Lawyers: Ones to Watch in America.

Avison Young arranges 99-year ground lease at 301-307 Third Ave. on behalf of Snake River Development

Manhattan, NY Avison Young has arranged a 99-year long-term ground lease at 301-307 Third Ave. on behalf of Snake River Development, who is managed by BNS Real Estate. The value of the long-term lease is estimated at $21.5 million, which equates to $300 per zoning floor area (ZFA),

Local Law 97: Financially sustainable? - by Ron Cohen

Local Law 97 is one of the most ambitious plans for reducing emissions in the nation. Local Law 97 was included in the Climate Mobilization Act, passed by the City Council in April 2019 as part of then mayor De Blasio’s NYC Green New Deal. Buildings are responsible for about 70% of NYC’s greenhouse gas emissions,

The Hudson Gateway Association of Realtors distributes $124,250 in relief assistance for Hudson Valley flash flood victims

White Plains, NY The Hudson Gateway Association of Realtors (HGAR) has distributed $124,250 of $500,000 available from the National Association of Realtors Relief Foundation” (RRF) to help Hudson Valley residents affected by the flash flooding over the summer. To date, 71

JLL secures $132.3 million refinancing for 22 property industrial outdoor storage portfolio

New York, NY JLL Capital Markets arranged a $132.3 million refinancing for a 22-property industrial outdoor storage portfolio located in nine states and totalling 230 acres. JLL worked on behalf of the borrower, a joint venture between Criterion Group and Columbia

Marx Realty finalizes 5,000 s/f lease with Green Street Advisors at 10 Grand Central

Manhattan, NY According to Marx Realty, Green Street Advisors has signed a long-term lease for 5,000 s/f of office space at 10 Grand Central. The firm, known for its commercial real estate research platform and exclusive news outlets, has provided trusted industry insights for over 35 years