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The Feil Organization renews 11,300 s/f lease with Jonathan Rose Cos. at 551 Fifth Ave.

Manhattan, NY The Feil Organization has signed an 11,300 s/f renewal with Jonathan Rose Companies at 551 Fifth Ave. The deal extends their lease on the 23rd floor for 10 years.

TF Cornerstone signs lease with Warby Parker

Manhattan, NY TF Cornerstone (TFC) negotiated a new lease signing with Warby Parker at the ground floor of The Fairfax at 69th St. and 3rd Ave. The eye care lifestyle brand opened its doors at The Fairfax in August.

Alex Mill leases 1,752 s/f

Manhattan, NY Fashion brand Alex Mill has signed a lease at Rockefeller Center, slated to open holiday season 2024. Alex Mill’s new location at 1 Rockefeller Pl. will be the brand’s third brick and mortar store and span 1,752 s/f.

The CSC Organization holds second Networking & Learn event at Porcelanosa

Manhattan, NY On September 12th, The CS Organization in collaboration with Porcelanosa hosted its second Network & Learn event. The event was held at Porcelanosa’s 202 Fifth Ave. store and had over 50 guests from many facets of the real estate

Developer’s thoughts to the recent changes to the NYS Rent Laws - by Francis Greenburger

The recent changes to the NYS Rent Laws regarding rent stabilized apartments, included in the 2024 budget legislation and signed into law by governor Hochul, are a step in the right direction. Unfortunately, the step is so small that the effect will be the same as standing still.

Houlihan Lawrence Commercial sells two properties totaling $2.8 million

Tarrytown, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, negotiated the sale of two commercial properties totaling $2.8 million. 100 White Plains Rd., a 6,768 s/f Federal style office building was purchased by a

Koeppel Rosen leases 11,000 s/f at 389 Fifth Ave.

Manhattan, NY Koeppel Rosen LLC announced the latest wave of tenant leases at 389 Fifth Ave., a mix of office, retail, and specialty spaces. The 140,000 s/f building continues to attract a range of businesses. For Koeppel Rosen LLC, Max Koeppel negotiated the new office

Gammino and Donahue of Lee & Assocs. sell 75 Pierrepont St. for $6.8 million

Brooklyn, NY Lee & Associates NYC has completed the $6.8 million sale of 75 Pierrepont St., a 25,800 s/f, six-story, rent stabilized, residential building in Brooklyn Heights at a 6.2% cap rate. Thomas Gammino and Patrick Donahue from Lee & Associates NYC repr

Newmark and Greystone secure $560m refi. on behalf of Ares Mgmt. and Douglaston Dev. for 3ELEVEN

Manhattan, NY Newmark Group, Inc. and Greystone Capital Advisors have arranged $560 million in floating-rate debt on behalf of Ares Management and Douglaston Development for 3ELEVEN, a 60-story, 938-unit luxury apartment tower located south of Hudson Yards district.

Brennan and Ellis of Marcus & Millichap sell 48-unit building for $6 million

Brooklyn, NY Marcus & Millichap brokered the sale of a 48-unit apartment property for $6 million. “Despite a noticeable market adjustment with rent-stabilized apartment buildings since 2019, there is still a healthy appetite