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