JLL represents landlord in Eton relocation to 330 Madison Ave.

Manhattan, NY MEAG, Munich Re’s asset manager, said that Swedish men’s shirts brand Eton has leased a ground floor retail space at 330 Madison Ave., the class A, 852,000 s/f tower that is 95% leased to tenants including Guggenheim Partners, JLL and Munich Re Group.

Consigli Construction, G3 Architecture Interiors Planning, and George Comfort & Sons break ground on New York Blood Center Enterprises campus

Rye, NY New York Blood Center Enterprises (NYBCe) celebrated the groundbreaking of their new campus. This 187,000 s/f campus located at 601 Midland Ave. will be home to NYBCe’s tri-state operations, including space for life sciences research, blood collections, processing and cell

Getting into ready position - by Shallini Mehra

The ever-changing rent regulations continue to pose challenges for New York City landlords.  The combination of these laws with the higher interest rate environment has reduced values in some cases by 20 to 40%, with some assets now worth sub-debt levels. Many of the shorter-term loans coming due will

Leviticus Fund honors McKeown of CPC with Cornerstone Award

Tarrytown, NY In the building trades, the cornerstone guides the workers in their course; it is the standard of measure and alignment. The Leviticus Fund presented its 2023 Cornerstone Award to Sadie McKeown, president of The Community Preservation Corp. (CPC),

Feil Organization leases 7,896 s/f to First Look Media

Manhattan, NY The Feil Organization signed a five-year, 7,896 s/f lease with First Look Media across the entire 10^th floor at 853 Bdwy. First Look Media’s new 10^th-floor space is a new pre-built

Empire Commercial completes 1,800 s/f 95 Nutrition location

Rochester, NY Empire Commercial Construction, a retail-focused division of Taylor-The Builders, completed the construction contract for 95 Nutrition located at 1250 University Ave. In partnership with architect Jay F. Meyers, Empire renovated the 1,800 s/f, previously occupied

Ariel Property Advisors hires Schwartz, Schlegel, Yuhjtman and Brody; expands investment sales and capital advisory teams

Manhattan, NY Ariel Property Advisors (Ariel) made several new hires, expanding the commercial real estate services and advisory firm’s investment sales and capital advisory teams.

SWBR hires Guyon as senior civil engineer

Rochester, NY Michael Guyon, PE has joined SWBR as senior civil engineer. The addition of Guyon expands the firm’s in-house design services to include civil engineering.

Bayport Funding provides $4.95 million acquisition loan

Brooklyn, NY Bayport Funding has provided a $4.95 million acquisition loan for a Williamsburg site containing two existing mixed-use buildings that will each be converted into four-story residential rental buildings with ground-floor retail space.

Evin, Nelson and Peele promoted to Skanska USA Building’s sr. executive teams; Farland steps down

Manhattan, NY Skanska, a leading global construction and development firm, has made leadership shifts within its USA Building senior executive team. Kerim Evin, Anita Nelson and Greg Peele will apply their extensive industry expertise to new regional executive officer (REO) leadership