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Levin Management secures 62,000 s/f ShopRite commitment at Evergreen Plaza

Staten Island, NY Levin Management Corporation (LMC), representing the landlord of Evergreen Plaza, has negotiated a 62,000 s/f anchor lease with the retailer-owned supermarket cooperative

H2M promotes four employees

Melville, NY H2M architects + engineers has announced four promotions. Christiana Suppa, AIA, NCIDQ was promoted from senior project architect 1 to senior project

Avison Young develops extension and expansion for LEEP Dual Language Academy in Sunset Park

Brooklyn, NY Avison Young has arranged a new lease to facilitate the expansion of LEEP Dual Language Academy Charter School at 5323 5th Avenue in Sunset Park. The school opened its original 24,500 s/f facility in August

Ariel Property Advisors arranges $17.8 million sale of 224 3rd Ave. development site

Brooklyn, NY Ariel Property Advisors (Ariel) has arranged the sale of a 59,995 buildable s/f development site, which includes 6,000 s/f of air rights, at 224 3rd Ave. in the Gowanus neighborhood for $17.8 million, or $296 per buildable s/f. The site had approved plans to

Forte Construction and Citnalta Construction complete modernization of 68th St.-Hunter College Subway Station

Manhattan, NY The Metropolitan Transportation Authority (MTA) and Federal Transit Administration (FTA) celebrated the completion of a modernization and expansion project at the 68th St.-Hunter College Subway Station, bringing the more than century-old transit facility

Houlihan Lawrence Commercial and Feirstein Properties sell 1.6 acres

Yorktown Heights, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, brokered the sale of 1.6 acres of vacant land on Saw Mill River Rd. The 1.6-acre site, which is located in the highway commercial zone, is directly across from the Yorktown Green Shopping Center

Savanna acquires 430 West 15th St. 95,000 s/f office building for $85 million

Manhattan, NY Savanna has acquired the leasehold interest for 430 West 15th St., an eight-story, 95,000 s/f office property located in the Meatpacking District. Savanna acquired the class-A office building at a deeply discounted price of $85 million. The building is fully

Simone Development Companies
leases 859,999 s/f in 2024

Bronx, NY Simone Development Companies’ total leasing activity in 2024 was nearly 860,000 s/f. Of the total 116 deals, new leases accounted for 382,073 s/f with renewals totaling 477,926 s/f “We are very pleased with the level of leasing activity that our team has achieved

Question of the Month: How can on-site storage enhance tenant satisfaction and boost revenue by unlocking hidden value? - by Nick Esteves

In New York City’s dynamic real estate market, building owners and managers are finding new ways to maximize space and elevate tenant experiences. With rising costs and space at a premium, one of the most valuable yet underutilized assets in residential buildings is existing,

Silver Arch Capital Partners closes $14.5
million bridge loan for 8 units at The Oosten

Brooklyn, NY Silver Arch Capital Partners closed a $14.5 million bridge loan on eight unsold condominium units and 74 parking spaces. The loan, which has a loan-to-value (LTV) ratio of 65%, is set for a term of one year with extension options.