Frederick Marek brings more than four decades of New York City commercial real estate experience with him to Helmsley Spear LLC. Frederick is dedicated to advising tenants in the NYC office market, with a heavy focus on those in the legal and financial service industries.Manhattan, NY
KPG Funds (KPG) and Intercontinental Real Estate Corp. (Intercontinental) have leased retail space at 32 Howard St. (a.k.a Howard x Crosby) to Schott NYC. Plans for the retail store include a gut renovation and upgrade from their existing NYC location on Elizabeth St.Manhattan, NY
GFP Real Estate, LLC has signed eight lease transactions totaling 13,291 s/f at 209 West 38th
St. Mathew Mandell of GFP represented the landlord, GFP R.E., in each of the transactions.This public service award was presented for the first time in 2017. It is awarded to a New Yorker who has displayed exceptional accomplishments and service in the public’s interest. It is named for the late John E. Zuccotti, Chairperson of REBNY from 2004 to 2006 and a longstanding member of its Executive Committee.Manhattan, NY
Ariel Property Advisors and Cushman & Wakefield brokered the sale of two multifamily properties on the Lower East Side for a total of $24.8 million. The two properties include:Manhattan, NY
Lendlease has named Leah Granderson head of Diversity, Equity and Inclusion (DE&I) for its U.S. business. She will report directly to U.S. chief people officer Carol Gomez.
High interest rates, inflation, investors “in limbo,” and turmoil in the banking sector are dominating recent headlines, leading to overall lower transaction volume across New York. However, investors and brokers are resilient and are constantly looking for waysManhattan, NY
Enterprise Community Partners (Enterprise) closed the Equitable Upward Mobility Fund (EUMF), a $190.2 million Low-Income Housing Tax Credit fund designed specifically to support economic mobility with a focus on racial equity. With commitments from investorsWhite Plains, NY
CBRE brokered the sale of The Source, a 262,000 s/f mixed-use, grocery-anchored property. The CBRE team of Jeffrey Dunne, David Gavin, Steve Bardsley and Travis Langer represented the seller while also procuring the buyer, Hines U.S. Property Partners (HUSPP).
Barry Gosin, the chief executive officer of Newmark Group, Inc., has led the business which operates as Newmark, one of the world’s leading commercial real estate advisory firms, since 1979. Gosin guides the firm’s national and global expansion initiatives and oversees all facets