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Ferrara and Stenson of Brax Realty sell 126-unit SRO building for $6.7 million

New York, NY Michael Ferrara and Alan Stenson of Brax Realty brokered the sale of a 126-Unit SRO building for $6.7 million. The property, 342 West 71st St., was a 7-story elevator building with 34,312 s/f and had

Brookfield Properties complete three new office leases at Brookfield Place

New York, NY According to Brookfield Properties, three new office lease transactions totaling over 67,000 s/f have been completed at 225 Liberty St. in Brookfield Place. The three leases bring the building to 94% occupancy

JLL represents landlord in 27,000 s/f full floor lease at 875 Third Ave.

New York, NY According to JLL, law firm Kaufman Borgeest & Ryan, LLP, has leased a full floor at Global Holdings Management Group’s Class A Midtown East office tower at 875 Third Ave.

Jack Kulka, founder of Kulka Construction Corp. and HIA-LI, dies

Hauppauge, NY Jack H. Kulka, PE, LEED AP, the founder of Kulka Construction Corp and founding member of the Hauppauge Industrial Association (HIA-LI), has died at the age of 79. The news was announced by his son, Devin

Toco Warranty launches extended auto repair coverage offered directly as an employee workplace benefit program

New York, NY Toco Warranty now offers plans directly to employers as an employee workplace benefit, in addition to their direct-to-consumer line. Toco Warranty’s expanded offering, called

Ferrara of Brax Realty sells 4-unit renovated Harlem building

New York, NY Michael Ferrara, managing principal of Manhattan based Investment sales Brokerage firm Brax Realty has completed the sale of 286 West 137th St. for $1.775 million

Robert Martin Co. announce senior-level promotions of Frank and Wallace

Elmsford, NY Robert Martin Company, one of the largest real estate owners and development firms in Westchester County, have promoted Jeremy Frank to COO and Chris Wallace to CFO of Robert Martin Company

Pally joins Brookhaven IDA and LDC boards

Farmingville, NY Mitchell Pally, a lawyer and long-time business leader on Long Island, has been appointed to the boards of the Town of Brookhaven Industrial Development Agency (IDA) and the town’s Local Development

Lee & Associates NYC represents OTTO Brand Lab in 5,000 s/f office lease

New York, NY Lee & Associates NYC has represented OTTO Brand Lab, a strategic and creative brand consultancy in a 5,000 s/f lease for office space at 25 West 26th St. in Manhattan’s Flatiron District

SL Green signs Franklin Templeton to a 347,000 s/f lease at One Madison Avenue

New York, NY According to SL Green Realty Corp. (NYSE: SLG) investment management firm Franklin Templeton has signed a 15-year, 347,474 s/f lease at One Madison Ave. The company will occupy the entire 11th