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Rynne honored by Upstate NY Chapter of Appraisal Institute with the Richard Kelley Memorial Award

Rochester, NY The Upstate New York Chapter of the Appraisal Institute awarded, John Rynne, MAI, SRA president of Rynne, Murphy & Associates, Inc. the annual Richard Kelley Memorial Award for 2024.

Message from the president of Real Estate Board of New York - by James Whelan

The COVID pandemic dealt a huge blow to urban centers around the country, including New York City. 2024, However, showed New York’s real estate market has positive momentum with significant policy wins and improved market performance. The priority for 2025

Eastern Union closes loans from 121 lenders across U.S. in 2024

Manhattan, NY In a market beset with stubbornly high interest rates, Eastern Union – one of America’s largest commercial real estate brokerages – placed and closed loans with 121 lenders in 2024.

Resource Realty leases 312,567 s/f Maybrook Logistics Center

Montgomery, NY Resource Realty of Northern New Jersey (Resource Realty) has arranged a 312,567 s/f single-tenant lease of Maybrook Logistics Center, a newly developed class A industrial project at 134 Neelytown Rd. Firm principals Tom Consiglio, SIOR, and Scott Peck, SIOR, represented the landlord, Brookfield Properties

Ahamed of Helmsley Spear leases 7,600 s/f

Long Island City, NY Helmsley Spear, LLC represented United Universal Management in the lease of 7,600 s/f located at 33-55 and 33-67 Crescent St. Helmsley Spear’s Showket Ahamed, associate broker, represented the tena

$492 million PACT renovation completed at 1,600 unit Williamsburg Houses

Brooklyn, NY NYCHA and partner team, RDC Development, a joint venture between Wavecrest Management and MDG Design & Construction, completed the $492 million comprehensive renovation of Williamsburg Houses as part of the Permanent Affordability

JEMB Realty signs Rubenstein Law to 5,000 s/f at 1 Willoughby Sq.

Brooklyn, NY JEMB Realty signed a 5,000 s/f lease with Miami-based Rubenstein Law for a long-term lease at 1 Willoughby Sq.(1WSQ). Rubenstein Law, recognized as the nation’s leading personal injury law firm, represents clients nationwide and will be relocating

Ariel Property Advisors arranges sale of 190 Third Ave. - $4.35 million

Manhattan, NY Ariel Property Advisors (Ariel) has arranged the sale of a vacant four-story, 5,980 s/f landmarked commercial building with 17,000 buildable s/f of air rights at 190 Third Ave. in the Gramercy Park neighborhood. The property, also known

King and Friedman of Lee & Assocs. NYC lease 8,995 s/f at 45 West 45th St.

Manhattan, NY Lee & Associates NYC represented healthcare marketing and communications firm, 120/80 GROUP, in a new four-year and four-month lease at 45 West 45th St. in Midtown. The lease consists of the entire third floor totaling 8,995 s/f.

Matheos Realty Group closes two properties in Bedford Stuyvesant for $2.365 million

Brooklyn, NY Matheos Realty Group negotiated the closing of two 3-unit properties in the Bedford Stuyvesant neighborhood. The combined sale price totaled $2.365 million. The first property, located at 120 Ralph Ave., sold for $1.2 million, which equates to $461 per s/f