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Rand Commercial has completed the sale of 400 Corporate Court for $11.8 million

Valley Cottage, NY Rand Commercial has completed the sale of 400 Corporate Court, a 50,000+/-s/f building on 16.9+/-acres to Realterm for $11.8 million. Realterm owns and manages transportation real estate and infrastructure assets

Tishman Speyer completes 129,500 s/f of new
leases and expansion at The Spiral

Manhattan, NY Tishman Speyer negotiated five lease agreements totaling 129,500 s/f at The Spiral, its West Midtown office tower at 66 Hudson Blvd. HSBC Bank has agreed to expand its 20-year, U.S. headquarters lease at The Spiral to over 300,000 s/f, via a 35,400 s/f expansion

3650 REIT originates $50m loan for completion of 1 Park Row

Manhattan, NY 3650 REIT (3650)has originated a $50 million loan to facilitate the completion of and upgrades to 1 Park Row, a 24-story condominium project located at the southern end of City Hall Park, on the border of Tribeca and the Financial District. The loan

Allied Irish Banks relocating NYC headquarters to Durst’s 825 Third Ave.

Manhattan, NY The Durst Organization said that Allied Irish Banks PLC of New York (AIB) is relocating its New York City headquarters taking a full floor at 825 Third Avenue. The Irish bank will occupy 11,054 s/f on the 14th floor of the newly renovated LEED Gold-certified

Fried Frank Real Estate Dept. together with Project Destined launch real estate law and development training program

Manhattan, NY Fried Frank’s Real Estate Department is partnering with Project Destined, a leading social impact platform that provides students with training in financial literacy, entrepreneurship and real estate, to launch a multiweek, virtual program on September 10, 2024

Bright Start, Club Pilates and Glowbar join Jaspera

Long Island City, NY According to The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group three new retail leases totaling about 7,600 s/f were signed at Jasper, a $370 million mixed-use development in Hunter’s Point. Along with the 13,800 s/f lease to Dumbo Market announced

Realtors rally against NYC council bill to halt broker fees on rentals

Manhattan, NY Members of the Hudson Gateway Association of Realtors, (HGAR) and the New York State Association of Realtors (NYSAR) addressed the New York City Council, in opposition to City Council Bill Int. 360, which would prohibit real estate brokers and agents

Vinett joins Savills as vice chairman in the New York City office

strong>Manhattan, NY Savills has appointed Scott Vinett as vice chairman in its New York City office. Vinett brings over 20 years of experience in tenant and landlord representation to Savills.

Getting to the Finish Line in Today’s Market - by Shallini Mehra

“R&R” in the current investment property market doesn’t stand for “rest and relaxation” but rather “rates and regulations.” These factors are making it difficult to get an investment property sale across the finish line today.

Avenue Law Firm signs 3,977 s/f office lease expansion at 505 Park Ave.

Manhattan, NY Avenue Law Firm has expanded with new headquarters. The firm, founded by managing partner, Peter Zinkovetsky, is relocating from its previous office at 360 Madison Ave. Avenue Law Firm’s new office will provide an ideal environment for the firm’s continued