Category: New York City
YS Developers and Rabsky Group acquire 1150 Broadway site for $23.5 million
August 25, 2026
Brooklyn, NY JLL Capital Markets arranged the $23.5 million sale of 1150 Bdwy., a residential development site in Bedford-Stuyvesant. JLL represented the seller, A-PLUS International Realty, and negotiated directly with the buyers, Brooklyn-based YS Developers and Rabsky Group.
CM&B completes 15,000 s/f Activate Games NYC debut in Union Square
August 25, 2026
Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
Marcus & Millichap arranges $16.4 million sale of mixed-use
August 25, 2026
Brooklyn, NY Marcus & Millichap brokered the sale of 235-237 Kent Ave., two mixed-use buildings in Williamsburg, for $16.4 million. “We are happy to successfully complete a round trip for our seller, whom we previously sold the property for $12.3 million in 2021 during the pandemic,” said Shaun Riney of Marcus & Millichap in New York City.
RIPCO Real Estate represents El Pollo Loco in 2,400 s/f lease in Jackson Heights
August 25, 2026
Queens, NY RIPCO Real Estate represented El Pollo Loco in securing a lease for its first-ever East Coast location in N.Y.C. The new 2,400 s/f restaurant will open at 37-07 82nd St. in
JLL arranges sale of 421-unit Carraway
August 25, 2026
West Harrison, NY JLL Capital Markets secured the sale of Carraway, a 421-unit apartment community. JLL represented the seller, institutional investors advised by J. P. Morgan Asset
Ariel Property Advisors arranges $10.75 million sale of 90,000 s/f industrial property
August 25, 2026
Bronx, NY Ariel Property Advisors (Ariel) brokered the sale of 425 Devoe Ave., a vacant multi-story industrial property in the West Farms neighborhood for $10.75 million. The property
Marx Realty inks 14,000 s/f lease with Curinos at 10 Grand Central
August 25, 2026
Manhattan, NY Marx Realty leased 14,000 s/f to Curinos at 10 Grand Central. Curinos is relocating from 485 Lexington Ave. “The robust leasing activity at 10 Grand Central demonstrates
Bow, Romeo and Caliban of The Durst Organization sign 11,223 s/f of leases at 1133 Avenue of the Ame...
August 25, 2026
Manhattan, NY The Durst Organization closed three leases totaling 11,223 s/f of prebuilt office suites on the 27th floor of 1133 Avenue of the Americas, completing the prebuilt program at the building. Quantexa, a data analytics and AI software
Arrow Real Estate Advisors arranges $105 million lease-up refinance for 184-unit The Pecora
August 25, 2026
Queens, NY Arrow Real Estate Advisors arranged a $105 million lease-up refinance on behalf of Watermark Capital Group for The Pecora, a newly delivered Class A multifamily property located at 41-10 Crescent St. in Long Island City. The financing was secured
Non-primary residence surcharge rollout raises questions of fairness, due process and administration...
August 25, 2026
Unfortunately, all my worst fears regarding mayor Mamdani’s “tax the rich” non-primary residence surcharge (NPRS) aka pied-à-terre tax have come to fruition. You only need to listen to the July 9th New York City Department
Fuel, nourishment and pleasure: A master plan for Alley Pond Golf Center - by William Gati
August 25, 2026
Every good building answers a simple question: what does this place give the people who walk into it? At Alley Pond Golf Center in Douglaston, Queens, the answer came in three parts — fuel, nourishment and pleasure — and
New IRS opportunity zone guidance: Key transition rules for real estate industry - by Sandy Klein
August 25, 2026
As the Qualified Opportunity Zone (QOZ) program moves from the Original Opportunity Zone regime (QOZ 1.0) to the new framework beginning in 2027 (QOZ 2.0), a recently released notice from the IRS provides important transition guidance.
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