Front Section

Adler of Rand Commercial sells 4.88 acre site for $3.25 million

Garnerville, NY Rand Commercial negotiated the sale of a development assemblage on West Ramapo Rd., aka NYS Rte. 202, Rockland County. An assemblage of five separate tax lots along Ramapo Rd. sold for $3.25 million. The seller

Daiwa Capital Markets America inks 44,100 s/f lease at Mitsui Fudosan America's 1251 Avenue of the Americas

Manhattan, NY Daiwa Capital Markets America Inc. (DCMA) and Mitsui Fudosan America (MFA) said that financial services company DCMA has signed a 20-year lease for 44,100 s/f spanning the 49th floor of 1251 Avenue of the Americas. DCMA will relocate its New York headquarters

Rose Associates selected to
manage Forty Six Fifty

Manhattan, NY Rose Associates, Inc. (Rose), the New York-based multifamily real estate manager and developer, was recently selected by The Arden Group to manage Forty Six Fifty, a newly constructed multifamily building at 4650 Broadway.  "We are excited to be managing

Raffa of Island Assocs. negotiates two leases - 2,817 s/f at 490 Wheeler Rd.

Hauppauge, NY Island Associates negotiated two new lease agreements for office space at 490 Wheeler Rd. GNP Brand Gear signed a lease and took occupancy of 1,717 s/f of office space. They design and sell eco-friendly products.

Lionheart Strategic Mgmt. and Apollo Global Mgmt. provide $129.6m in funding for Madison Realty Capital’s Alphabet City project

Manhattan, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, provided a $27.6 million loan to Madison Realty Capital for the ground up construction of 644 East 14th St., a 24-story multi-

Schertz of Schuckman Realty completes $25.2m sale of multi-family buildings in Harlem

Manhattan, NY Schuckman Realty brokered the sale of two multi-family buildings located at 111 and 148 W 141st St. The sale closed on July 18, 2024, with a sale price of $25,210,891.

Hercules Mulligan opens 800 s/f tasting room at 220 Front St.

Manhattan, NY Hercules Mulligan, a bespoke, ready-to-serve cocktail and spirits brand named for the tailor, spy, and unsung hero of the American revolution, will open its first taproom at The Durst Organization’s historic Front St., located at 220 Front St. in the South

Commercial real estate takes to podcasting - by Harry Zlokower

“Although they’ve been around for about 20 years now, podcasts seem to have exploded in popularity over the last few years,” notes Susan Lichtman, associate professor of mass communication at Miami Dade College Homestead Campus. “Statista estimates that some 70 million

Central Construction forms rope access services division

New York, NY Central Construction has formed Central Access, a new division providing rope access services for buildings of all sizes and complexities. The group is headed by T.J. Lueddeke, a Society of Professional Rope Access Technicians (SPRAT) certified professional

Regional Plan Association recognizes Google’s St. John’s Terminal

Manhattan, NY Each fall Regional Plan Association (RPA) hosts the “Celebrate the Tri-State” benefit, bringing together civic, business, public and elected leaders to recognize three outstanding contributors to the region’s public realm and support