Marcus & Millichap facilitates $13.8 million sale of mixed-use properties

Manhattan, NY Marcus & Millichap completed the sale of 640-644 Tenth Avenue, a 27-unit mixed-use property. The asset sold for $13.8 million. “The property benefits from an attractive tax Class 2B status

City of Yes for Housing Opportunity: Improving the ability to transfer a landmark’s development rights - by Michael Smith and Robert Huberman

New York City real estate owners and developers have long asked us about transferring unused development rights from an individual landmark to a site across the street, through a 74-79 Special Permit

P.W. Grosser Consulting adds 12 new employees

Bohemia, NY Twelve new faces, Jason Blizzard, Maddie Willett, Jerry Feagans, Robert D’Albora, Josh Wessel, Nicholas Diers, Deirdre Ryan, Ashaan Sibley, Jason Mueller, Deborah Teran, Mina Ajmal, and Jacquelyn Baric, have joined P.W. Grosser Consulting

Snøhetta leases 25,000 s/f for new headquarters at 55 Washington St.

Brooklyn, NY According to Two Trees Management Co. design studio Snøhetta has signed a lease for 25,000 s/f at 55 Washington St. Located in DUMBO, Snøhetta’s new headquarters offers the creative space for its dialogue-driven approach to design. With over 150 architecture and

Hach of Leviathan Capital arranges $5.2 million land portfolio loan

Rockland County, NY According to Leviathan Capital, Joe Hach brokered a $5.2 million loan across a portfolio of partially-completed homes and vacant lots

GFP Real Estate secures $13 million refinancing for 3 Enterprise Drive

Newburgh, NY GFP Real Estate, LLC has successfully closed a $13 million bridge refinancing loan for 3 Enterprise Dr., a 348,352 s/f industrial property. The two-year, interest-only

JLL arranges second expansion for Incline Equity Partners

Manhattan, NY According to JLL, private equity firm Incline Equity Partners has expanded its footprint at 101 Park Ave., the 49-story office tower at the corner of 40th Street and Park Avenue, owned and operated by

GFP Real Estate signs four leases totaling 15,400 s/f at 40 Worth St.

Manhattan, NY GFP Real Estate, LLC has signed four new leases totaling 15,400 s/f of office space at 40 Worth Street. The new leases bring the historic office building to 100% leased, a major milestone

LOS TACOS No. 1 signs long-term 9,800 s/f lease at GFP Real Estate’s 318 West 39th St.

Manhattan, NY According to GFP Real Estate, LLC, Watchale LLC, doing business as Los Tacos No. 1, has signed a new 10-year lease for 9,800 s/f on the first floor of 318 West 39th St. in the Garment District

FDIC signs for 147,543 s/f at EJME’S 1166 Avenue of the Americas

Manhattan, NY According to Edward J. Minskoff Equities (EJME) and JLL, the FDIC has leased 147,543 s/f of office space at 1166 Avenue of the Americas, the 44-story skyscraper that occupies the entire blockfront