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Welkis and Sternschuss of Welco Realty represent SFR Realty in 24,000 s/f lease to HomeGoods

New Hyde Park, NY Welco Realty negotiated a lease on behalf of ownership with HomeGoods, a division of TJX Companies to occupy 24,000 s/f, formerly occupied by Walgreens. Jerry Welkis and David Sternschuss of Welco Realty represented the landlord,

Industry CEOs honored at Leonard Litwin New York City Real Estate Tree of Life Gala

Manhattan, NY On June 12 several hundred New York real estate leaders attended Jewish National Fund-USA’s annual Leonard Litwin New York City Real Estate Tree of Life Gala at the Rainbow Room to honor two industry icons for their invaluable

Fried Frank advises Olayan Group in 144,000 s/f office lease

Manhattan, NY Fried Frank advised the Olayan Group on its 144,000 s/f leasing agreement with Clayton Dubilier & Rice to move the private investment advisory firm’s headquarters to Olayan’s 550 Madison Ave.

GFP Real Estate and Lee & Assocs. lease 2,457 s/f at 505 Eighth Ave.

Manhattan, NY Allen Gurevich, senior managing director of GFP Real Estate represented the landlord, GFP Real Estate in Counseling In Schools lease extension at 505 Eighth Ave. in Midtown, signing a seven-year lease for its existing 2,457 s/f

Volastra Therapeutics extends its lease at Manhattanville Factory District and Mink Building

Manhattan, NY The Janus Property Company said that Manhattanville Factory District and Mink Building tenant, Volastra Therapeutics, has renewed its lease. Volastra is a clinical stage cancer biotechnology company focused on exploiting chromosomal

Matheos Realty sells six residential units in Flatbush for $775,000

Brooklyn, NY Matheos Realty Group closed on the $775,000 sale of 1827 Nostrand Ave. in the neighborhood of Flatbush. Matheos Realty Group founder & CEO, Peter Matheos and director, Isaiah Thomas represented the buyer and seller in

Online real estate auctions - by Thomas Kearns

After years of reading about online auctions I finally had a client win one last week. The experience was a bit unnerving as, by design, the bidder and the bidder’s counsel have very limited insight or input into the auction process. A non-negotiable purchase and sale

McLaughlin named senior associate at Denham Wolf Real Estate Services

Manhattan, NY Denham Wolf Real Estate Services hired Maddie McLaughlin as a senior associate in project management services. As a senior associate, McLaughlin supports Denham Wolf’s clients and project management staff from the project’s onset and

Morrison Foerster advises Mori Trust in SL Green Realty’s sale of 49.9% interest in 245 Park Ave.

Manhattan, NY SL Green Realty Corp. sold a 49.9% interest in 245 Park Ave. to a U.S. affiliate of Mori Trust Co., Ltd. at a gross asset valuation of $2 billion.

JLL Capital Markets arranges loan from Santander Bank and City National Bank and JV equity from The Davis Cos. for 268,000 s/f 55 Willoughby

Brooklyn, NY JLL Capital Markets has arranged the capitalization of 55 Willoughby, a 268,000 s/f, mixed-use development that will feature 295 apartments and 3,500 s/f of retail space.