Category: New York City

JLL and CBRE broker Grammarly’s 23,038 s/f lease at BXP’s 360 Park Ave. South workplace

JLL and CBRE broker Grammarly’s 23,038 s/f lease at BXP’s 360 Park Ave. South workplace

September 30, 2025
Manhattan, NY BXP made public that Grammarly has signed a lease for 23,038 s/f at 360 Park Ave. South. Grammarly will occupy an entire floor of the fully redeveloped 450,000 s/f workplace, which features newly renovated and reimagined lobbies, a full suite of amenities, and pre-built
Vornado Realty Trust to purchase 623 Fifth Ave. for $218 million

Vornado Realty Trust to purchase 623 Fifth Ave. for $218 million

September 30, 2025
Manhattan, NY Vornado Realty Trust has entered into an agreement to purchase the 623 Fifth Ave. office condominium, a 36-story, 382,500 rentable s/f building situated above the flagship Saks Fifth Ave. department store, for $218 million. The building’s location provides for light,
Merchants Capital secures $25.2 million for 384-unit mixed-use affordable artist housing development

Merchants Capital secures $25.2 million for 384-unit mixed-use affordable artist housing development...

September 30, 2025
Manhattan, NY Merchants Capital secured $25.2 million in financing as part of the recapitalization and rehabilitation of Westbeth Artists Housing, a 384-unit historic, mixed-use affordable artist housing development. Westbeth Artists Housing is one of the oldest and largest affordable artist
Design Within Reach signs 39,440 s/f lease renewal at Industry City

Design Within Reach signs 39,440 s/f lease renewal at Industry City

September 30, 2025
Brooklyn, NY Design Within Reach (DWR), the furniture and home décor retailer, has renewed its 39,440 s/f outlet store lease at Industry City in Sunset Park. The 10-year lease extension underscores the brand’s continued success on campus and the ongoing evolution
Ferrara and Leonhardt of Brax Realty sell 174-176 5th Ave. for $13.2 million

Ferrara and Leonhardt of Brax Realty sell 174-176 5th Ave. for $13.2 million

September 30, 2025
Manhattan, NY Michael Ferrara, managing principal and Cole Kinney Leonhardt, investment sales associate of Brax Realty negotiated the sale of 174-176 5th Ave. for $13.2 million.
Kasirer promotes Kasirer and Greenberg; and launches new strategic consulting division

Kasirer promotes Kasirer and Greenberg; and launches new strategic consulting division

September 30, 2025
New York, NY Kasirer made known two promotions within its senior leadership team to support the company’s continued growth. Suri Kasirer has become chief executive officer. Julie Greenberg has been promoted to president.
Taconic Partners and National Real Estate Advisors welcome ALDI to The Ellery

Taconic Partners and National Real Estate Advisors welcome ALDI to The Ellery

September 30, 2025
Manhattan, NY Taconic Partners and National Real Estate Advisors have signed a lease with ALDI at The Ellery, a new luxury rental residential offering, designed by Handel Architects, that spans 32 stories in Midtown. The 25,000 s/f ALDI location will provide space
Orange Bank & Trust Company opens office at 3485 E. Tremont Ave.

Orange Bank & Trust Company opens office at 3485 E. Tremont Ave.

September 30, 2025
Bronx, NY Orange Bank & Trust Company has opened a full-service office at 3485 E. Tremont Ave. in the Throggs Neck BID, marking the bank’s second location in the borough. The new office signifies the bank’s growth over the last several years and will support its
Cushman & Wakefield arranges 41,000 s/f lease at Rockrose’s 300 Park Ave. South

Cushman & Wakefield arranges 41,000 s/f lease at Rockrose’s 300 Park Ave. South

September 30, 2025
Manhattan, NY Cushman & Wakefield negotiated a 41,000 s/f lease at 300 Park Ave. South on behalf of the landlord, Rockrose Development. Flexible Finance Inc. (Flex) agreed to lease the top three floors of the 15-story building in Midtown South. The firm will relocate to the
Local Initiatives Support Corp. taps White to spearhead its national housing team

Local Initiatives Support Corp. taps White to spearhead its national housing team

September 30, 2025
New York, NY The Local Initiatives Support Corp. (LISC) has named a decades-long leader in affordable housing, economic development and impact investing to spearhead its national housing team — ramping up efforts to deliver more capital and community-based support to address
IREON meet and mingle event hosted by Champion Elevator

IREON meet and mingle event hosted by Champion Elevator

September 30, 2025
Manhattan, NY Champion Elevator hosted the latest IREON meet and mingle event at the Champion Elevator headquarters. The event highlighted the importance of cultivating strong professional relationships while opening doors to new ventures.
IREON new member profile: Jimmy Moyen

IREON new member profile: Jimmy Moyen

September 30, 2025
What do you do now, and what are you planning for the future? I am the owner of a mechanical contracting company, and I am planning on expanding my business, focusing on energy sustainability in the New York City area.
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