Manhattan, NY A 1,900 s/f retail condo, located at 174 Duane St. in TriBeCa, has sold for $2.3 million. The tenant is Bibhu Mohapatra, a fashion and costume designer. The property was sold off-market, demonstrating the demand for premium retail assets in downtown.
Manhattan, NY Syska Hennessy Group, the international engineering firm, has launched an app called the Ductulator, which helps architects, owners, contractors, and mechanical engineers easily determine and specify duct dimensions for HVAC systems.
Williamsville, NY Wendel has promoted Amber Holycross, AIA, LEED AP ID+C to principal, recognizing her exemplary leadership and commitment to excellence. Holycross is Wendel’s vice president of architecture and its first female practice area
Yonkers, NY Houlihan Lawrence Commercial brokered the sale of 465-479 South Bdwy. for $4.7 million. The seller was exclusively represented by Garry Klein, regional manager and the purchaser, a regional investor, was represented by
Westbury, NY Lesso Mall Development, dba Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., congratulated The Gravity Vault on its grand opening. One of the largest rock climbing brands in the country,
Manhattan, NY The Feil Organization has signed two long-term leases totaling 16,646 s/f at 145 W 30
th St. “Leasing momentum at 145 W 30
th St. highlights the demand for the property’s prime location and unique loft-style
Tarrytown, NY At its 108
th annual meeting, held at the Westchester Marriot Hotel, the Hudson Gateway Association of Realtors (HGAR) awarded Tony D’Anzica, founder and president of Dynamax Realty Inc. with the association’s Realtor
Brooklyn, NY TerraCRG negotiated the $12 million sale of the 17,500 s/f industrial building at 200 Seigel St. in East Williamsburg. The TerraCRG team, led by Daniel Lebor also including Dan Marks and Jackson O’Neill, represented the buyers on the
Manhattan, NY According to Kramer Levin, Boaz Cohen, Nicole DeBare, and Sheila Pozon have been elevated to partner positions in the firm. All three are based in New York.
While the past few years have seen difficult tidings for the New York real estate market, 2024 ended on a strong note. In New York, optimism is high that 2025 will be a year of growth as mortgages mature and as we see rate cuts from the Federal Reserve. This optimism has held true for all of the U.S., as CBRE is projecting an increase in commercial real estate volume in 2025 nationwide.
