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Macerich to relocate to Durst’s 825 Third Ave.

Manhattan, NY The Durst Organization said that Macerich signed a lease for 12,000 s/f at 825 Third Ave. Macerich will relocate its local operations from Fifth Ave. to the 33rd floor of the 40-story tower. This lease at the LEED Gold-certified 825 Third Ave.

Lee joins Merchants Capital as senior vice president of originations

New York, NY Merchants Capital has added Serah Lee as senior vice president of originations. Based in the company’s New York office, Lee joins the sales team of Andrew Weil and Justin Ginsberg, both executive vice presidents of originations, and senior vice president

Turnbridge Equities leases 52,100 s/f to Sky Zone

Brooklyn, NY Sky Zone has signed a long-term lease for 52,100 s/f at single-story warehouse 2350 East 69th St. in the Bergen Beach section of the city for a new indoor trampoline park, according to Ryan Nelson, managing principal of Turnbridge Equities, the

Arrow Real Estate Advisors expands team with addition of Schmuckler, Serebrowski and Schlusselberg

New York, NY Jacob Schmuckler, Eli Serebrowski, and Meir Schlusselberg have joined Arrow Real Estate Advisors. Morris Betesh, founder of Arrow Real Estate Advisors said, “We are thrilled to welcome Jacob, Eli, and Meir to the team and look forward

Ariel Property Advisors arranges $9 million sale of 21,600 s/f development site

Brooklyn, NY Ariel Property Advisors arranged the sale of two adjacent lots totaling 21,600 s/f at 544-550 Union St. in Gowanus for $9 million, or $417 per s/f, marking the firm’s third development site transaction in the neighborhood this year.

The Housing Summit to be held on September 18 in New York City

Manhattan, NY The Housing Summit will be held in New York City on September 18, 2025, bringing together the nation’s leaders in housing, finance, and public policy. This half-day summit aims to reimagine housing as a catalyst for economic power, community

Ten ways a smart boiler system can improve your multifamily dwelling’s operations - by Simon Soloff

Apartment complexes and other multifamily dwellings are substantial consumers of energy, as they require continuous cooling, heating, and lighting to maintain resident comfort. Boilers play a crucial role in this energy demand, as they support a building’s space heating, heated

The Business Council of Westchester’s State of the Economy series discusses healthcare

White Plains, NY Westchester County’s healthcare landscape is undergoing a transformation, according to panelists at the Business Council of Westchester’s (BCW) State of the Economy series.

Yonkers IDA presents Parkledge Breakthrough Scholarship awards to 10 high school seniors

Yonkers, NY The Yonkers Industrial Development Agency (YIDA) has presented 10 Yonkers high school students with 2025 Parkledge Breakthrough Scholarship awards totaling $25,000. The awards were presented at City Hall on June 23rd.

LRC Props. buys 209,000 s/f resource center

Oviedo, FL In a joint venture, LRC Properties and an institutional partner bought a resource center at 5700, 5707 and 5712 Dot Com Ct. The sale includes three shallow bay buildings totaling 209,000 s/f that are 80% leased. LRC Properties