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Marcus & Millichap brokers $57 million mixed-use portfolio sale

Manhattan, NY Marcus & Millichap has completed the $57 million sale of a six-building mixed-use portfolio in the East Village. “This 79% non-rent-stabilized portfolio includes three tax-class-protected buildings, an elevator building, and spans over 59,000 gross s/f

The Journey Church NYC extends 8,643 s/f lease at 247 West 37th St.

Manhattan, NY According to GFP Real Estate, LLC, The Journey Church NYC, a “casual, contemporary, Christian church,” has signed a 10-year lease extension for its existing 8,643 s/f on the third floor of 247

JLL Capital Markets brokers sale of 25-unit multi-housing property

Manhattan, NY JLL Capital Markets has completed the sale of 216 West 78th St., a five-story primarily rent stabilized elevatored multi-housing property on the Upper West Side. JLL represented the seller, a longtime family owner. The buyer was

CoreNet Global NYC hosts New Year’s
Party and Star Volunteer Awards

Manhattan, NY CoreNet Global NYC hosted its annual New Year’s Party on January 11th at Gotham Hall. The event, attended by over 350 members of the CoreNet Global NYC Chapter, showcased an evening of networking, as well as the Star Volunteer Awards,

BOMA Westchester holds annual state of
the market luncheon

White Plains, NY More than 100 commercial property owners and brokers were on hand for the annual state of the market luncheon presented by the Building Owners and Managers Association of Westchester (BOMA). The event was held January 10th at 360 Hamilton

David Yurman expands headquarters to 150,000 s/f at Hudson Square Properties’ 200 Hudson St.

Manhattan, NY Hudson Square Properties (HSP), a joint venture of Trinity Church Wall Street, Norges Bank Investment Management, and Hines, said that David Yurman signed a long-term lease renewal and expansion for its headquarters at 200 Hudson St. The new lease

Archdiocese of NY leases 142,308 s/f at
Feil Organization’s 488 Madison

Manhattan, NY The Feil Organization said that the Archdiocese of New York has signed a 30-year, 142,308 s/f lease at 488 Madison. The turnkey space encompasses the entire third through seventh floors. This deal brings the 447,000 s/f Midtown tower to over 90% leased.

Lee & Associates NYC and ART STATE sell Clocktower’s bank hall for $18.2 million

Manhattan, NY Lee & Associates NYC and ART STATE LLC negotiated the sale of the bank hall located at 46 Lafayette St. in Tribeca’s Clocktower Building. Lee & Associates NYC represented ELAD Group, the seller. ART STATE LLC represented Jack

Nassau County IDA celebrates ground-breaking for Hicksville Apartments

Oyster Bay, NY The Nassau County Industrial Development Agency (NCIDA) was joined by governor Kathy Hochul and town supervisor Joseph Saladino to celebrate the initial construction phase of an apartment community project

Perlman of Largo R.E. Advisors arranges
$26 million financing

Ithaca, NY Ned Perlman of Largo Real Estate Advisors, Inc. secured $26 million construction/permanent financing via one of Largo’s established regional banking relationships for a 77-unit (109-bed) housing development.  The project is near Cornell University, in an established student housing