Helmsley Spear arranges sublease for Keller WIlliams – 20,000 s/f

Manhattan, NY Helmsley Spear, LLC, completed a 20,000 s/f sublease to Keller Williams for the 10^th floor of 99 Park Ave. Gould Paper Corp., the current tenant, will continue to occupy 8,718 s/f of the space.

Employer liability during Phase Four of reopening in New York City - by Mark Silverstein and Lynn Judell

New York City has just reached an important milestone. As of July 20^th, the city has entered Phase Four of reopening, in which retail businesses, hair salons and personal service businesses, low-risk outdoor venues (zoos and gardens), media production companies

Rock and Marks of Marcus & Millichap Capital Corp. arrange $15 million refinancing

Manhattan, NY Marcus & Millichap Capital Corp. (MMCC) has completed the financing of 521-523 W 48^th St., according to regional manager/vice president John Krueger. MMCC organized $15 million in refinancing.

Rodriguez of Rodriguez Commercial represents Klosed in $1.45 million Brooklyn acquisition

Brooklyn, NY Klosed Properties acquired 91 East 21^st St. in the Prospect Park South neighborhood for $1.45 million. The subject property is a 16-unit, rent-stabilized building containing 19,500 s/f. Erik Rodriguez of Rodriguez Commercial

Simone honored with lifetime achievement award from Boys & Girls Club of Mount Vernon

Mount Vernon, NY The Boys & Girls Club of Mount Vernon (BGCMV) presented community and business leader Pat Simone, founder of Simone Development, with a posthumous Lifetime Achievement Award

Marx Realty signs 10-year lease with Wells Fargo

Manhattan, NY Marx Realty has signed a 10-year retail lease with Wells Fargo to occupy 4,700 s/f of retail space at 545 Madison Ave. in the Plaza District. Marx Realty was represented internally by Henry Henderson and Wells Fargo was represented by Annette Healey of CBRE.

Cole Schotz P.C. advises G4 Capital Partners in $75 million loan

Manhattan, NY Cole Schotz P.C. has advised G4 Capital Partners in a $75 million loan to Jeffrey Dagowitz’s JHG Holdings and investor Adam Neumann for a future project on West 23^rd St. G4 provided the debt, which refinances

Extell Development Co. begins closings at 483-unit Brooklyn Point,
located above 600,000 s/f City Point complex

Brooklyn, NY According to Extell Development Co., it has started closings and first move-ins at Brooklyn Point, located above City Point, a 600,000 s/f retail, dining and entertainment complex.

Coaching: Standing is a start, but it’s time for doing - by Rod Santomassimo

In the wake of the racial unrest that continues to hold back our great country, our communities, and yes, even our industry, over the last several weeks, I have met with our African American clients, colleagues, and several associates.

Gemini Rosemont Development buys East Village site for $14.5 million

Manhattan, NY Gemini Rosemont Development, a division of Gemini Rosemont Commercial Real Estate, has acquired 38 Second Ave. in the East Village. The property was purchased from LaSalle New York City, Inc., for $14.5 million.