Brooklyn, NY Haussmann Development has secured a $49.5 million refinancing loan for the Arris Grand, a mixed-use development located at 445 Grand Ave. The loan from QuadReal Property Group (QuadReal), a global real estate investment, operating and development company,
As demand for digital infrastructure accelerates, the New York City (NYC) Metropolitan Area has emerged as a key hub for data center development. However, developers, REITs, and facility managers are facing growing challenges, from power constraints and labor shortages
White Plains, NY Houlihan Lawrence Commercial has brokered two sales totaling $4.3 million of commercial properties. In downtown, the former Hyundai automotive dealership building located at 130 Westchester Ave., sold for $3.35 million in an all-cash
Queens, NY Ariel Property Advisors (Ariel) arranged the sale of the Far Rockaway development portfolio, which consisted of three development sites totaling 158,465 buildable s/f in the Far Rockaway section of the borough. The portfolio traded for $12 million
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Manhattan, NY According to Marx Realty, private investment firm BellTower Partners, founded by Kewsong Lee, has signed on to take a full floor at its 545 Madison office building, which Marx co-branded with Baccarat.
Manhattan, NY GARAN, Inc. (Garan), a children’s apparel company owned by Berkshire Hathaway, Inc. signed an expansion lease spanning the entire sixth floor for its U.S. headquarters at 99 Park Ave.
Manhattan, NY Capitol Fire Sprinkler completed a fire sprinkler system installation of 971 heads on floors three through eight at 90 John St., a rental property developed, owned and managed by The Moinian Group.
Staten Island, NY Levin Management Corp. (LMC), representing the landlord of Evergreen Plaza, has negotiated a 62,000 s/f anchor lease with the retailer-owned supermarket cooperative Wakefern Food Corp. The location at 150 Greaves Ln. – in Great Kills
Manhattan, NY The Feil Organization made known the signing of two leases totaling 15,126 s/f with two tenants at 853 Bdwy., an office tower located in Union Sq. The leases include Nourish, a food as medicine platform, leasing the entire 15
th floor,
