Owners Developers & Managers
Global Net Lease sells multi-tenant portfolio for $1.8 billion to RCG Venture Holdings subsidary
Manhattan, NY Global Net Lease, Inc. (GNL) has entered into a binding agreement to sell its multi-tenant portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings, LLC for $1.8 billion at an 8.4% cash cap rate. This transformative transaction would accelerate GNL’s deleveraging initiative and position the company as a pure-play, single-tenant net lease company.
PopUp Bagels bringing four new locations to NYC neighborhoods
Manhattan, NY PopUp Bagels, the “Not Famous, but Known” bagel shop, will be opening four new locations across the city this year, bringing hot bagels to more NYC neighborhoods.
Soloviev Group and OJB Landscape Architecture's Freedom Plaza plans revealed
Manhattan, NY Freedom Plaza, the visionary new civic and cultural plan for the East Side, has updated renderings of its proposed expansive green space, offering an intimate look at a design that redefines the urban park experience. This project, designed by award-winning OJB Landscape Architecture, offers approximately 4.7 acres of accessible public green space to meet the neighborhood’s needs for open space, connectivity, and outdoor community activation.
Hoffmann Architects appoints Hargrove and Kamrat to executive leadership
Manhattan, NY Hoffmann Architects + Engineers has appointed Craig Hargrove, AIA and Avi Kamrat as co-presidents of the boutique architectural and engineering practice, which specializes in the rehabilitation of building exteriors. Hargrove, AIA has been appointed co-president of Hoffmann after serving as director, architecture and manager of the firm’s New York City office
Property Resources and Avenue Realty open leasing at The Hartby
Brooklyn, NY Property Resources Corp. (PRC) and Avenue Realty Capital (ARC) have launched leasing at The Hartby, the restoration and redevelopment of the historic St. John’s College building located at 788 Willoughby Ave. on the border of Bedford-Stuyvesant and Bushwick. Re-envisioned by architecture firm Woods Bagot, with interiors by Alchemy Studio
BRIDGES holds ribbon-cutting for Sensory Room at Palisades Center
West Nyack, NY BRIDGES, a nonprofit organization advocating for people with disabilities, held the grand opening and ribbon-cutting ceremony for its new Sensory Room on April 4, 2025. The event took place on the 4th floor of the Palisades Center, next to Target, marking an exciting milestone in inclusive community resources for children with sensory processing needs.
Douglas Elliman Development Marketing near $60 million in sales for 212 West 72nd St.
Manhattan, NY 212 West 72nd St., a modern luxury condominium set at the intersection of 72nd and Bdwy. in the Upper West Side, continues to see sales momentum. Since the start of the year, the building has achieved $60 million in sales, including $50 million within just 30 days. With limited inventory remaining, 212 West 72nd St. stands as one of the best-selling buildings on the Upper West Side and is now over 70% sold.
Registration for PWC NY 2025 annual golf outing is in full swing
Hastings-on-Hudson, NY PWC NY’s annual golf outing is set for Monday, May 5th at St. Andrews Golf Club. Participants will enjoy the day outdoors and connecting with industry peers as they support PWC NY programming. Golf packages (available for individuals and foursomes) include brunch, snacks, a dinner banquet, golf clinic and use of a practice facility, and a goodie bag, in addition to 18 holes of golf.
BOMA New York: Sustainability in New York commercial real estate - by Patrick Dolan
BOMA New York and its members are at the forefront of advancing sustainability within the commercial real estate industry. As key players in managing and operating some of New York City’s most prominent commercial properties,
IREM NYC awards Daniel Gale NY Property Management AMO designation
Melville, NY According to IREM NYC, Daniel Gale NY Property Management (DGNYPM) has earned the prestigious Accredited Management Organization (AMO) designation from the Institute of Real Estate Management.
