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OPEN Impact Real Estate leases 29,566 s/f
to Rising Ground at 1333 Broadway

Manhattan, NY OPEN Impact Real Estate LLC (OPEN) said that their firm represented Rising Ground in a 29,566 s/f lease at 1333 Broadway for the nonprofit’s new headquarters. The lease marks the first time in 132 years that the nearly 200-year-old social

Cushman & Wakefield arranges 41,854 s/f sublease at 195 Bdwy.

Manhattan, NY Cushman & Wakefield has arranged a 41,854 s/f sublease for a new digital media company at 195 Brdwy. in the Financial District. The digital news startup company will occupy space on the 26th floor.

Ariel Property Advisors arranges $150 million sale of Sea Park portfolio on Coney Island

Brooklyn, NY Ariel Property Advisors (Ariel) negotiated the sale of the Sea Park affordable housing portfolio, consisting of three multifamily properties and one development site, all located in the Coney Island section of the borough.

Blatter of KFIR represents Bayrock Capital in purchase of 381-room Holiday Inn - $76.5m

Long Island City, NY Bayrock Capital has purchased a Holiday Inn for $76.5 million. The 381-room, 114,000 s/f hotel at 37-10 10th St. was built in 2022. KFIR Capital’s Jake Blatter represented Bayrock Capital Group in the off-market deal that sold for $671 per s/f

Slate Property Group and Avenue Realty Capital team up to close on $120 million multifamily acquisition

Manhattan, NY Slate Property Group (Slate), an owner, operator and developer of multifamily and commercial real estate in the New York metropolitan area, and KABR Group (KABR), in partnership with Avenue Realty Capital’s (ARC) equity platform, have

Savills leases 41,613 s/f to Greenspoon Marder

Manhattan, NY Savills completed a long-term, 41,613 s/f sublease on behalf of Greenspoon Marder LLP from sublandlord CBS Broadcasting at Fisher Brothers’ 1345 Avenue of Americas in Midtown. Greenspoon Marder is a full-service law firm with 240 attorneys

Rudin inks two new leases at 355 Lexington Ave. - 22,843 s/f

Manhattan, NY Rudin completed two new leases totaling 22,843 s/f at 355 Lexington Ave., its boutique office tower in Midtown’s Grand Central district. ADCO Electrical Corp., an electrical contractor, finalized a 10-year lease renewal

Lee & Associates NYC relocates headquarters to 1211 Avenue of the Americas

Manhattan, NY Lee & Associates NYC signed a sublease for 17,580 s/f at 1211 Avenue of the Americas, relocating their headquarters to the News Corp. Building, from 845 Third Ave. The brokerage firm will occupy part of the 29th floor in the 45-story,

JLL Hotels & Hospitality completes partial interest sale of Mandarin Oriental, New York

Manhattan, NY JLL Hotels & Hospitality brokered the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. which has been completed. JLL represented the sellers in the sale of their ownership stake.

Hudson Gateway Association of Realtors, OneKey MLS and TitleVest host virtual panel featuring Barron and Prostano of Compass

White Plains, NY The Hudson Gateway Association of Realtors, Inc. (HGAR), OneKey MLS and TitleVest hosted a virtual panel featuring real estate industry leaders who discussed New York’s ever-evolving public space streetscapes, skylines and neighborhoods.