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Norman Bobrow and Co. brokers 11,137 s/f lease for Atelier Ten USA; Samco Properties is landlord

Manhattan, NY Atelier Ten USA is doubling its space with a new 11,137 s/f office space at 104 West 29th St. in Chelsea. The international environmental design firm signed a 10-year, full-floor lease for

Just how much has COVID changed us? - by Joe Aquino

I believe we have 18 more months of this pandemic. The word is that the vaccine should be out soon and that it will take nine months of distribution to reach everyone. Nine months. While that’s certainly music to our ears and sounds optimistic, what if they are wrong?

Asset Preservation to offer webinar series for attorneys, CPAs and all real estate professionals

Asset Preservation, Inc. is again offering a series of webinars for attorneys, CPAs and all real estate professionals. The free webinars will take place during the month of October, and will cover 1031 principles, parking arrangements,

Topaz Capital Group acquires 216-unit multifamily property

Jacksonville, FL New York City-based Topaz Capital Group LLC has acquired its third multifamily property in the area with the closing of the 216-unit Planters Walk Apartments in Duclay submarket. The deal was brokered in an off-market transaction by

Wiesenberg and Caruso of CBRE act for Stillman Management Realty in 12,900 s/f lease

Harrison, NY CBRE arranged a 12,900 s/f lease for Stillman Management Realty at 440 Mamaroneck Ave. The property management firm, which was established following Garthchester Realty’s acquisition of Stillman Property Management, renewed its

Ground leased hotels - by Thomas Kearns

Because of my firm’s extensive ground lease practice, I have been involved in several default scenarios since the Coronavirus first started to affect New York City hotels. First, it’s important to remember that the city’s hotel market had been

Westchester County’s Local Development Corp. board approves $340 million bond financing

White Plains, NY The Board of Directors of Westchester County’s Local Development Corp. (LDC) has voted to approve $340 million in bond financing for two major not-for-profits.

SL Green completes $600 million refinancing

Manhattan, NY SL Green Realty Corp. closed on a new $600 million construction facility for 410 Tenth Ave., the company’s 636,000 s/f office redevelopment anchored by Amazon and First Republic Bank.

RFR acquires 575,000 s/f Midtown office tower for $350 million

Manhattan, NY According to RFR, it has acquired 522 Fifth Ave. in a $350 million transaction. The 23-story office tower is centrally located at 44th St., near some of the city’s transportation hubs

SMPS-NY names 2020-21 Executive Committee and Board of Directors

New York, NY SMPS-NY named a new Executive Committee and Board of Directors for the 2020-2021 chapter year.