Brooklyn, NY Avison Young brokered the sale of a 38,500 buildable s/f development site located at 1550 Bedford Ave. in Crown Heights for $10.1 million to Avery Hall Investments. Avison Young’s Brooklyn investment sales team facilitated the transaction through a 363-bankruptcy sale on
Bronx, NY Marcus & Millichap brokered the sale of 1776 Castle Hill Ave., an 83-unit elevator building in the Westchester Square submarket. The asset sold for $7.5 million.
Dobbs Ferry, NY More than 200 guests gathered at HudCo on August 19
th for Big Ideas and Little Bites: A Multi-Chamber Mixer. The evening, hosted by Westchester County and Westchester Catalyst (Westchester Office of Economic Development) brought together chamber members
Manhattan, NY Rosenberg & Estis, P.C. made known that the firm’s attorneys have negotiated the legal groundwork necessary for the $3.3 million façade preservation and rehabilitation of the National Arts Club’s historic Tilden Mansion on Gramercy Park.
Manhattan, NY Global Holdings, led by chairman and founder Eyal Ofer, closed two new retail leases at the base of its premium class A office tower, 875 Third Ave. Utopia Bagels signed a 15-year lease for 3,512 s/f across the ground floor and lower concourse. Juice bar Essex Squeeze also signed a lease
Manhattan, NY John Thompson, director/leasing, and Justin Gentile, director/leasing of Resolution Real Estate, a member of NAI Global, have leased a 5,200 s/f office, spanning the entire 13
th floor at 18 East 41
st St., to Trident Media Group. The internationally
Queens, NY TF Cornerstone (TFC) inked a 1,500 s/f retail lease with The Greats of Craft, a local all-day café and curated bar concept, at 47-20 Center Blvd. in Long Island City. To celebrate its grand opening, The Greats of Craft hosted a community
Taylor Swift’s and Travis Kelce’s recent engagement brings up a common clause in real estate investment LLC agreements. A key tenet in the law of LLCs is the pick-your-partner principle. Members of an LLC have the right to choose with whom they do business with because the compatibility of the group
Bronx, NY Arrow Real Estate Advisors closed on a $12.091 million Freddie Mac loan for multifamily property at 3030 Middletown Rd. Arrow Real Estate Advisors’ Eli Serebrowski, senior director, and Meir Schlusselberg, vice president, arranged the financing on behalf of client
Manhattan, NY GFP Real Estate said that marketing and communications agency Civic Entertainment Group (CIVIC) has signed a seven-year lease extension and expansion totaling 27,180 s/f across two properties in NoHo: 15,180 s/f on the entire second floor at 440 Lafayette St.
