New York, NY Rose Associates, Inc. (Rose), the New York-based multifamily real estate manager and developer, has announced that Marc Ehrlich has been promoted to the position of president. Ehrlich has acted as Rose’s chief investment officer since 2018.
Manhattan, NY Rosenberg & Estis, P.C. has completed the $6.6 million sale of air rights on behalf of Plentino Realty. Frank Chaney, counsel, represented Plentino in the sale of air rights from its properties at 1488 and 1490 First Ave. on the Upper East Side to Alchemy
Manhattan, NY Lee & Associates NYC has completed the leasing of 21 West 38
th St., a 17-story, 75,000 s/f office building in Midtown South. Todd Korren, principal and executive managing director of Lee & Associates NYC, led the team by facilitating a new 4,465 s/f lease and two lease
The rise of remote and hybrid work policies, accelerated by the COVID-19 pandemic, has led to a significant increase in office vacancies across the country. This, combined with the ongoing national housing crisis, has prompted many landlords to consider converting office buildings into residential units. As an active
Manhattan, NY The CoreNet Global New York City Chapter (CoreNet NYC) has named the winners of the annual 2024 Corporate Real Estate Awards for Excellence. These outstanding individuals and projects were celebrated at the second annual REmmy’s Gala event held on September 26 at Casa Cipriani. The
Brooklyn, NY Ariel Property Advisors (Ariel) arranged the sale of a mixed-use building at 151 Smith St. in Boerum Hill for $3.6 million, or $918 per s/f. The four-story property consists of six apartments (including five free market and one rent stabilized) and includes two retail spaces fully leased.
Queens, NY TF Cornerstone (TFC) negotiated a new lease signing with Somedays Bakery at the ground floor of their 4630 Center Blvd. property in the Long Island City neighborhood. The bakery, known for their baked goods and coffee, will be opening its doors at this location next April, marking its second
Manhattan, NY Marc Belsky Ltd, an intermediary ?rm specializing in raising joint venture and preferred equity for middle market real estate transactions nationwide, has appointed Ilya Gamer as managing director. Gamer will play a pivotal role in expanding the ?rm’s client base across multifamily
Manhattan, NY Simone Development Companies’ senior vice president of development Megan Guy was a featured panelist on September 24 as the Association of Medical Facility Professionals (AMFP) Greater New York Chapter explored “How Healthcare Systems Use Real Estate to Advance their
Manhattan, NY Lawrence Rouslin has joined Seward & Kissel LLP as special counsel in the real estate group. “I look forward to working alongside members of the real estate group as well as members of the firm’s strong complementary practices, including
