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Simone of Concourse Realty sells four Bronx properties for $33.775 million

Bronx, NY Concourse Realty’s broker and owner, David Simone arranged the sale of four properties in three separate transactions. 1351 Jerome Ave., and 1342 Inwood Ave., sold for $20 million on March 1, 2023

Town of the Month: Cortlandt, New York...Where life works

Cortlandt, NY There is a hidden gem nestled along the Hudson River, less than an hour train ride from midtown. It is the town of Cortlandt, where life works at home, work and play and it is prime for investment. Commercial space is often

Denham Wolf sells 134 West 18th St. to Lucille Lortel Theatre - $5.35 million

Manhattan, NY Denham Wolf Real Estate Services secured the purchase of a three-story carriage house in Chelsea which will help support emerging artists, the creation of new theatrical works, and bolster the downtown theatre scene.

Piercing the veil - WeWork style - by Thomas Kearns

Businesses often set up special purpose entities (SPE) to sign a lease as a tenant. The SPE’s are sometimes referred to as “shell” entities. The SPE is sometimes wholly owned by the ultimate parent company or co-owned with investors.

Catalon and Weiss of Cushman & Wakefield lease 18,850 s/f to Building Service 32BJ Health Fund

Manhattan, NY Cushman & Wakefield arranged an 18,850 s/f lease for Building Service 32BJ Health Fund (32BJ) at 22 West 19th St. The nonprofit organization will occupy the entire second floor.

United American Land proposes first project in SoHo/NoHo under new zoning rules

Manhattan, NY The first development in SoHo under new zoning rules passed by New York City Council in 2021 is coming to Canal St. and Broadway at 277 Canal St., according to leadership from United American Land (UAL).

BOMA Westchester roundtable focuses on state of county’s big cities

White Plains, NY City leaders from New Rochelle, White Plains and Yonkers provided their perspective on the state of their cities and the potential of future development and job growth at a roundtable hosted by BOMA Westchester

Local Law 11 is not a façade - by Gabriella Schwalbe

The scaffolding that surrounds your current office or apartment building seems like an everlasting nuisance. New Yorkers are fed up with the amount of time scaffolding stays up. Some buildings have been plagued by scaffolding for over a decade. New York City Council members

The Feil Organization leases 13,809 s/f to HUMAN Security at 841 Broadway

Manhattan, NY According to The Feil Organization, HUMAN Security, a cybersecurity company, has signed a 13,809 s/f lease at 841 Broadway, an eight-story office building. The firm will occupy the entire second floor for seven years.

Adler & Stachenfeld promotes Leyvi to chair real estate practice group

New York, NY Adler & Stachenfeld LLP (A&S), has promoted Ilya Leyvi to chair of the firm’s growing real estate finance practice group. As a partner at A&S, Leyvi provides market-leading legal