Front Section

HKS Real Estate Advisors and Lee & Associates complete $15.488 million sale of development site

Manhattan, NY HKS Real Estate Advisors and Lee & Associates of NY have completed the $15.488 million sale of a prime development site at 354 West 52nd St. The block-thru parking lot has 75 feet of frontage and 40,000 s/f of intact air rights. The site is intended to be redeveloped into luxury condominiums due to its location near Times Square, the Theatre District, and Hudson Yards

Metropolitan Realty Associates completes 128,600 s/f long term lease extension

Bay Shore, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (“MRA”), announced that Duro Dyne National Corporation extended its lease at 81 Spence St., leasing the entire facility for an additional twelve-year term.

Lilker joins IMEG, expands regional footprint

Lilker Associates Consulting Engineers has joined IMEG, a national engineering firm on May 1, 2023. The announcement follows another recent IMEG merger with Long Island-based Cameron Engineering and expands the firm’s footprint in the State of New York to more than 220 team members

Find A Rainmaker, a cloud-based software to identify PR and BD leaders, launches

Find A Rainmaker (FAR) is the first-ever, cloud-based rapid behavioral assessment tool developed by public relations and business development professionals, behavioral PhDs, technologists, and designers. The platform is aimed at helping companies identify individuals

Fordham University hosts expert panel - "Capital Market Transformations"

Hundreds of business and industry professionals attended “Capital Market Transformations,” a panel discussion and networking event at Lincoln Center that was offered both in person and virtually. The panel was moderated by Lou Mirando, founder and principal of Streamline CRE Funding Group LLC,

[Webinar] Financing Smart Thermostat Upgrades for Residents

Join Logical Buildings to learn how multifamily buildings in New York and New Jersey can access the newly available $110 million virtual power plant

REBNY Manhattan office building visitation report shows prime class A buildings continue to post higher visitation rates than class B properties

The Real Estate Board of New York (REBNY) released analysis of Q1 2023 Placer.ai location data in 250 Manhattan office buildings representing approximately 180 million s/f. The report, the first in what will become a regular quarterly report from REBNY, highlights a year-over-year increase in building visitations

Collado Engineering announce Quintanilla as new Principal

Collado Engineering has announced the promotion of Miguel Quintanilla, PE, to Principal.

Katz-Erato joins Forchelli Deegan Terrana LLP as a Partner

Forchelli Deegan Terrana LLP (“FDT”) has welcomed Cheryl Katz-Erato as a partner in the firm’s Tax, Trusts & Estates practice group. Her practice includes trusts and estates litigation, estate

Friedman-Roth Realty Services broker the sale of 405 W 45th St.

Manhattan, NY Jim Mann and Wells Newell of Friedman-Roth Realty Services have brokered the sale of 405 West 45th St. The building has 30 apartments with 20 free market and 10 rent stabilized units. The deal closed at a price of $8.5 million or $400 per s/f, with an approximate 6% cap rate and a gross rent multiple of 10. The seller purchased the property in 1998