Front Section

BOMA Westchester holds annual state of
the market luncheon

White Plains, NY More than 100 commercial property owners and brokers were on hand for the annual state of the market luncheon presented by the Building Owners and Managers Association of Westchester (BOMA). The event was held January 10th at 360 Hamilton

David Yurman expands headquarters to 150,000 s/f at Hudson Square Properties’ 200 Hudson St.

Manhattan, NY Hudson Square Properties (HSP), a joint venture of Trinity Church Wall Street, Norges Bank Investment Management, and Hines, said that David Yurman signed a long-term lease renewal and expansion for its headquarters at 200 Hudson St. The new lease

Archdiocese of NY leases 142,308 s/f at
Feil Organization’s 488 Madison

Manhattan, NY The Feil Organization said that the Archdiocese of New York has signed a 30-year, 142,308 s/f lease at 488 Madison. The turnkey space encompasses the entire third through seventh floors. This deal brings the 447,000 s/f Midtown tower to over 90% leased.

Lee & Associates NYC and ART STATE sell Clocktower’s bank hall for $18.2 million

Manhattan, NY Lee & Associates NYC and ART STATE LLC negotiated the sale of the bank hall located at 46 Lafayette St. in Tribeca’s Clocktower Building. Lee & Associates NYC represented ELAD Group, the seller. ART STATE LLC represented Jack

Nassau County IDA celebrates ground-breaking for Hicksville Apartments

Oyster Bay, NY The Nassau County Industrial Development Agency (NCIDA) was joined by governor Kathy Hochul and town supervisor Joseph Saladino to celebrate the initial construction phase of an apartment community project

Perlman of Largo R.E. Advisors arranges
$26 million financing

Ithaca, NY Ned Perlman of Largo Real Estate Advisors, Inc. secured $26 million construction/permanent financing via one of Largo’s established regional banking relationships for a 77-unit (109-bed) housing development.  The project is near Cornell University, in an established student housing

Investment Property Realty Group sells five-unit apartment building for $3.24 million to Greenbrook Partners and Carlyle Group

Brooklyn, NY Investment Property Realty Group (IPRG) negotiated the closing of 234 Saint Nicholas Ave. for $3.24 million. This property is located between Greene Ave. and Bleecker St. in Bushwick. This property offers five apartments. The building is

Lightstone names Maciejczak as senior vice president of life sciences

Manhattan, NY Chris Maciejczak has joined Lightstone as senior vice president of life sciences. Maciejczak  comes to Lightstone after leading the life sciences platform at Boston Properties.

OPEN Impact Real Estate leases 40,000 s/f at 245 West 77th St. to Church of Jesus Christ of Latter-day Saints

Manhattan, NY OPEN Impact Real Estate (OPEN) said that The Church of Jesus Christ of Latter-day Saints has signed a three-year lease for 40,000 s/f of shared and dedicated space at West End Collegiate Church’s facility located at 245 West 77th St. on the

Avison Young sells 803 Madison Ave. to 1031 investor - $14.5 million

Manhattan, NY Avison Young has arranged the sale of a vacant retail and office property at 803 Madison Ave. on behalf of property owner Philip Sprayregen for $14.5 million. The 8,577 s/f property containing retail and office space was delivered vacant, previously occupied