Front Section

Pash joins TSCG as vice president

Manhattan, NY TSCG said that Kristen Pash, a retail leader with over 25 years of experience, has joined the company as vice president. Pash will focus on developing new business opportunities, collaborating with tenants, landlords, and developers.

Top 2024 legal developments affecting New York’s commercial real estate industry - by Thomas Kearns

1. City of Yes. The city passed a large and complex revision to local codes to promote construction of new housing. The changes are significant - experts, municipal departments and developers will no doubt take many months to fully analyze the hundreds of pages

Messina and Gerace of JLL rep William Grant & Sons in 27,160 s/f lease at Rosen’s 902 Broadway

Manhattan, NY According to Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, independent family-owned distiller William Grant & Sons leased 27,160 s/f at 902 Broadway. William Grant & Sons will occupy the entire second floor

ATCO welcomes Rodd & Gunn to 555 Fifth Ave.

Manhattan, NY ATCO Properties & Management signed a new 3,378 s/f lease with men’s clothing retailer Rodd & Gunn, at the base of 555 Fifth Ave. in Midtown.

Tri State Commercial Realty reps. Milk & Honey in 3,500 s/f lease at 1515 Surf Ave.

Brooklyn, NY According to LCOR, Milk & Honey will open its third location at its newly completed 1515 Surf Ave. This flagship residential destination, which features 463 residences on the Coney Island waterfront, will host Milk & Honey in a 3,500 s/f

Transwestern Development appoints Sauter vice president of development

New York, NY Transwestern Development Company (TDC) has expanded its National Logistics Group with the addition of Daniel Sauter as vice president of development. Sauter will fuel TDC’s growth by sourcing and executing industrial development projects throughout the Northeastern United States.

Lowenstein Sandler hires Forman and Friedenberg as new partners

New York, NY Lowenstein Sandler has continued its strategic growth with the hiring of two new partners: Daniel Forman is joining the Capital Markets & Securities practice, and Matthew Friedenberg is joining in Business Litigation. They will both be based in the firm’s New York City office.

Ariel Property Advisors arranges $15.65 million sale of multifamily buildings in Prospect Heights

Brooklyn, NY Ariel Property Advisors (Ariel) has arranged the $15.65 million sale of 315-329 Lincoln Pl., four contiguous walk-up buildings with 48 units spanning 52,543 s/f in the Prospect Heights neighborhood

Slate Property Group and White Oak Real Estate Capital provide $70 million loan for multifamily development at 41-08 Crescent St.

Queens, NY Slate Property Group, in partnership with White Oak Real Estate Capital, has provided Watermark Capital Group with a $70 million construction loan for its multifamily development at 41-08 Crescent St. in Long Island City.

JLL arranges sublease for Evergreen Trading at One Soho Sq.

Manhattan, NY According to JLL, Evergreen Trading, a leading financial solutions and media trade firm, has signed a sublease for 20,309 s/f at One Soho Sq., a two-building class A office development owned by Stellar Management at 233 Spring St. in SoHo.