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

Shawmut Design and Construction celebrates completion of St. John University’s $106 million St. Vincent health sciences center

Queens, NY Shawmut Design and Construction, a leading $1.6 billion national construction management firm, joined St. John’s University to mark the grand opening and formal dedication of the St. Vincent Health Sciences Center

Gridtech company David Energy relocates,
signs new lease for 7,955 s/f at 200 Varick St.

Manhattan, NY According to GFP Real Estate, LLC, David Energy (d.b.a. David Energy Systems, Inc.), a technology-driven retail electricity provider (REP) on a mission to run the power grid on

Question and Answer with Marc Kotler, president, new
development group at FirstService Residential

How are you leveraging current market trends to deliver successful residential developments, especially in today’s challenging economic climate? It comes down to making sure a building can operate at the highest level for the lowest cost.

EV Infrastructure and associated risks for property owners Webinar

Manhattan, NY Over the past decade, the global demand for electric vehicles (EVs) has seen exponential growth, necessitating significant infrastructure adaptations to support widespread adoption. One critical

REBNY Announces Winners for the 26th Annual Retail Deal of the Year Awards

Manhattan, NY The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, named winners for its annual Retail Deal of the Year Awards at a ceremony and cocktail party held yesterday on September 18th

Catholic Charities of New York signs 77,130 s/f office lease at 80 Maiden Lane

Manhattan, NY In a transaction arranged by CBRE, Catholic Charities of New York, one of the largest charitable organizations in the New York metropolitan area that coordinates and advocates for human service and programs dedicated to alleviating

17Capital to relocate from One Vanderbilt to PBC’s 10 Bryant

Manhattan, NY According to JLL, private equity company 17Capital will relocate from One Vanderbilt to occupy a full floor at 10 Bryant, the midtown office tower at 452 Fifth Ave. owned by Property & Building Corporation Ltd