This week we dive into what was The Bottom Line, a historic music venue formerly located at 15 West 4
th St. in the Greenwich Village section of Manhattan. It was located on the ground floor of a classic looking turn-of-the century loft style office building owned by New York University, at the northwest corner of West 4
th and Mercer Sts. The venue which opened in 1974 had a seating capacity of 400 and hosted major musical acts and was a showcase for up and coming artists.
Westbury, NY IREON welcomes James Pirot, managing principal, project management NY Office of Cresa to jointly hold the exclusive commercial real estate brokerage tenant representative firm category
New York, NY IREON welcomes Linda Alexander, founder and president of Alexander Marketing Communications Corp. to hold the exclusive Public Relations firm category on their membership roster.
Westbury, NY IREON is offering a free webinar for real estate owners, developers, owners, operators and tenants,
“Building Compliance, its Laws and Regulations.” The webinar will be held
New York, NY IREON welcomes Peter Sabesan, managing principal at Cresa to hold the exclusive category in commercial real estate brokerage for tenant occupants.
New York, NY IREON welcomes Jeffrey Bernard of Rampart Insurance Services to its roster as member representative to hold the exclusive insurance provider category.
Manhattan, NY Mojo Stumer Associates (MSA) completed the design work for LABEL, a custom clothing company, at 6
th Ave. The estimated cost for this project is $300,000. MSA’s Mark Stumer, AIA, principal, led the team with designer Joe Yacobellis, AIA, and interior designer Jessica Licalzi. MSA took them from a strictly online presence to a new showroom/sales space and corporate head office.
New York, NY Champion Elevator has acquired New York-based Westech Elevator, a provider of elevator service, repair, modernization, and inspections of elevators. The acquisition will be the foundation for Champion Elevator’s New York expansion plans. This will enhance Champion’s position as a partner to building owners as a leading independent alternative to the multinational elevator companies. Champion will provide employees the opportunities to be part of a family culture with advancement goals.
Islandia, NY Principals Direct Group (PDG) hosted a post-COVID valuations webinar on Monday, October 26
th. Steve Kirschner, COO and broker representative of PDG and IREON founder, was the webinar moderator.
Distressed commercial real estate loans on the rise, while pricing of real assets remains sticky and transaction volume shrivels up. Severe buyer-seller disconnect, particularly in New York, will soon correct and present opportunities for investors.
