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Old Dominion Freight Line to develop 20-acre site in Broome Corporate Park

Conklin, NY Old Dominion Freight Line (ODFL), a leading national freight company, is set to purchase a 20-acre site in the Broome Corporate Park to construct a cross-dock logistics facility. The site, which has remained vacant since the park’s establishment

AmTrust RE acquires 24-story 360 Lexington Ave. for $65.5 million

Manhattan, NY AmTrust RE (AmTrust) acquired 360 Lexington Ave., a 268,000 s/f office building located in the Midtown East neighborhood for $65.5million. Constructed in 1959, the 24-story office tower has received renovations in the past few years,

Weinraub and Dobosh of HKS Real Estate Advisors arrange $4 million loan for acquisition

Manhattan, NY HKS Real Estate Advisors has closed a $4 million loan to fund the acquisition of a newly built commercial condominium in Soho. One Vandam, located at 180 6th Ave., consists of four retail units totaling 14,000 s/f

Morris of Newmark represents Criteo in 21,000 s/f lease at TF Cornerstone’s 387 Park Ave. South

Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) made known  a 10-year lease extension with commerce media company Criteo at its 387 Park Ave. South office building in the Flatiron District. The new lease, encompassing

Rynne honored by Upstate NY Chapter of Appraisal Institute with the Richard Kelley Memorial Award

Rochester, NY The Upstate New York Chapter of the Appraisal Institute awarded, John Rynne, MAI, SRA president of Rynne, Murphy & Associates, Inc. the annual Richard Kelley Memorial Award for 2024.

Message from the president of Real Estate Board of New York - by James Whelan

The COVID pandemic dealt a huge blow to urban centers around the country, including New York City. 2024, However, showed New York’s real estate market has positive momentum with significant policy wins and improved market performance. The priority for 2025

Eastern Union closes loans from 121 lenders across U.S. in 2024

Manhattan, NY In a market beset with stubbornly high interest rates, Eastern Union – one of America’s largest commercial real estate brokerages – placed and closed loans with 121 lenders in 2024.

Resource Realty leases 312,567 s/f Maybrook Logistics Center

Montgomery, NY Resource Realty of Northern New Jersey (Resource Realty) has arranged a 312,567 s/f single-tenant lease of Maybrook Logistics Center, a newly developed class A industrial project at 134 Neelytown Rd. Firm principals Tom Consiglio, SIOR, and Scott Peck, SIOR, represented the landlord, Brookfield Properties

Ahamed of Helmsley Spear leases 7,600 s/f

Long Island City, NY Helmsley Spear, LLC represented United Universal Management in the lease of 7,600 s/f located at 33-55 and 33-67 Crescent St. Helmsley Spear’s Showket Ahamed, associate broker, represented the tena

$492 million PACT renovation completed at 1,600 unit Williamsburg Houses

Brooklyn, NY NYCHA and partner team, RDC Development, a joint venture between Wavecrest Management and MDG Design & Construction, completed the $492 million comprehensive renovation of Williamsburg Houses as part of the Permanent Affordability