Front Section

Soloviev Group appoints Balboni of RedLand Strategies as safety and security advisor for Freedom Plaza

Manhattan, NY Soloviev Group has appointed Michael Balboni, former deputy secretary for public safety and Homeland Security advisor for New York state who serves as president and managing director of RedLand Strategies, to the role of safety and security advisor for Freedom Plaza.

Fried Frank advises MCR in 16-hotel refinance

New York, NY Fried Frank advised MCR, the country’s third-largest hotel owner-operator, on its refinancing of a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. MCR acquired the 16 hotels — totaling 2,274 guestrooms — primarily in 2020 and 2021.

Botsaris of Colliers leases 7,200 s/f to Sola Salon Studios in Flatiron District

Manhattan, NY Sola Salon Studios has completed a lease for a new location at 50 West 17th St. in the Flatiron District. The company will occupy 7,200 s/f on the fifth floor. Sola Salon Studios supports entrepreneurs in the beauty service industry,

Mixing business with pleasure, pleasure with business - part 1 - by Dan Castner

As train station parking lots fill up again and lines form at coffee shops near transit centers, one may ask, “Have we returned to normal? Is commuting worth it again?” Depending on the industry, it can be a resounding “yes” or a definitive “never”. But as the Partnership

Cresa arranges lease extension for China Merchants Bank

Manhattan, NY Cresa principal Michael Goldman has arranged a 15-year lease extension for China Merchants Bank (CMB) New York branch at Park Tower Group’s 535 Madison Ave. The bank will occupy 43,060 s/f of full-floor office space on the 17th, 18th, and 23rd floors

OPEN Impact Real Estate assists two nonprofits secure long-term office space at 412-424 East 147th

Bronx, NY OPEN Impact Real Estate (OPEN) has assisted two nonprofits— Lift and Chances for Children —secure new long-term leases at 412-424 East 147th St. In the first transaction, LIFT, Inc., a nationwide nonprofit whose mission

Someck and Myers of Lee & Associates represent Pearl World in 8,800 s/f lease at Carnegie Hall Tower

Manhattan, NY Lee & Associates NYC represented Pearl World Inc. in a 12-year, 8,800 s/f lease at the iconic Carnegie Hall Tower at 152 West 57th St. in the Plaza District. The cosmetics company will lease the entire 48th floor and

A&E Real Estate unveils new mortgage lending arm

Manhattan, NY A&E Real Estate has formed A&E Real Estate Finance (AEREF), a debt financing platform led by Joseph Fingerman, an industry veteran with more than two decades of experience across the sector.

Marx Realty signs UpSlide to 9,536 s/f at 10 Grand Central

Manhattan, NY According to Marx Realty, UpSlide has signed a 10-year, 9,536 s/f lease on the sixth floor at 10 Grand Central. “We welcome UpSlide to 10 Grand Central’s unique and exceptional tenant roster,” said Craig Deitelzweig, president and CEO

Rice of SCG Retail leases
6,614 s/f to YETI

Manhattan, NY TSCG made known that YETI signing a retail lease at 200 Fifth Ave. Spanning 6,614 s/f, the store is divided between 3,770 s/f on the ground floor and an additional 2,844 s/f on the lower level. The store will open in late spring, early summer.