New York, NY Even though rising COVID-19 cases in the U.S. are making it difficult to envision a return to normal, the increasing vaccine distributions around the country strengthens expectations of economic resilience for the nation as a whole.
Manhattan, NY CBRE has arranged the following: CBRE has completed four office leases at 55 Broadway totaling 40,944 s/f, including two new leases, an expansion, and a renewal. The CBRE team led by Brad Gerla along with, Jonathan Cope, Caroline Merck and Craig Motola represented the ownership of 55 Broadway,
West Babylon NY Island Associates (IA) competed the following: IA leased 1,300 s/f at the shopping center located at 369 Little East Neck Rd. to Go Spa. The tenant
Manhattan, NY Newmark handled a new office lease for Galileo Health of the penthouse at 166 Crosby St. The penthouse space spans 11,511 s/f on the entire 12
th floor of the building and includes a private roof deck.
Queens, NY On Thursday, February 25
th, 2021, Andrew Yang, New York City mayoral candidate and former Presidential candidate, visited and toured the headquarters and
Manhattan, NY Construction is progressing at Marcus Garvey Village, a 300,000 s/f, 18-story mixed-income, multifamily project with 330 residences at 209 Adam Clayton Powell Blvd. (124
th St.). Developed by Harlem-based
Buffalo, NY Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $34.65 million of commercial mortgage finance on behalf of
Ellenville, NY Marcus & Millichap completed the sale of ShopRite Plaza, a 56,555/f net-leased property, according to John Krueger, regional manager of
Cortlandt, NY There is a hidden gem nestled against the eastern banks of the Hudson River, less than an hour train ride from Midtown Manhattan. It is the Town of Cortlandt, where life works at home, work and play, and it is prime for investment. Commercial space is often available with twice the space at half the cost. A willing, educated and diverse workforce is there to staff and operate a business.
Bronx, NY Meridian Capital Group arranged $48 million in financing for the refinance of The Whitehall, a cooperative property in the Riverdale neighborhood, in addition to a $5 million revolving line-of-credit.