Brooklyn, NY Marcus & Millichap has completed the sale of two rare apartment buildings in the Cobble Hill neighborhood, according to John Krueger, regional manager of the firm’s Manhattan office. The asset sold for $11.8 million.
Bronx, NY KZA Realty Group has closed three commercial leases totaling 3,917 s/f.
Queens, NY On Thursday, November 15th, Greater Jamaica Development Corp. (GJDC) celebrated 50 years of trailblazing leadership at its “Golden Era Gala,” which was hosted at Battery Gardens in Battery Park.
Manhattan, NY According to The Carlton Group, Ltd., Michael Campbell has been promoted to CEO.
Ariel Property Advisors enjoyed a busy year. Our focus in 2018 has been on strengthening our internal structure, culture and collaboration. We want to make sure that our clients can leverage our resources, expertise and execution, and therefore, internal teamwork and the implementation of several key processes was crucial for us. Our mission remains the same: Provide real estate expertise that empowers clients, employees, and communities.
Amazon is coming to Queens. But just what does this imminent arrival entail? The Memorandum of Understanding (MOU) states that Amazon will build, renovate, and operate approximately 4 million s/f of commercial space on the Long Island City waterfront (Anable Basin) and create upwards of 25,000 new jobs with an average wage of over $150,000 annually. This is just the first phase of Amazon HQ2, there is a planned expansion of an additional 2 to 4 million commercial s/f and another 15,000 jobs to be added within five years after the completion of the first phase.
New York, NY Savills Studley has completed a new office lease for Harman International (Harman).
Harman, a Samsung company, designs ...
NEW YORK, NY In celebration of Chanukah, Kent Swig, president of Swig Equities, LLC, joined Rabbi Shmuel Butman in lighting the world’s largest menorah on December 6, marking the fifth night of Chanukah.
"I am honored and thrilled to have been invited once again by Rabbi Shmuel Butman to light the world's largest Chanukah Menorah,” said Kent Swig. “In these challenging times, it was very meaningful to me to participate in the expression of the Menorah’s universal message of light over darkness, freedom over oppression and liberty over tyranny,” Swig continued.
Located at Fifth Ave. in front of The Plaza Hotel, the giant menorah is a 32-foot high, gold-colored, 4,000-pound steel structure that features genuine oil lamp and glass chimneys to protect the light from strong winds.
New York, NY Eastern Union has enhanced its capacity to serve both banks and borrowers by expanding its team of senior processors and bringing in new leadership to oversee its Underwriting Department. The firm hired Tzvi Yormark to lead the company’s Underwriting Department.
Manhattan, NY Avison Young’s tri-state investment sales group has been named the exclusive agent for the sale of 2147 Second Ave....
