Category: Owners Developers & Managers

Manhattan, NY Global Net Lease, Inc. (GNL) has entered into a binding agreement to sell its multi-tenant portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings, LLC for $1.8 billion at an 8.4% cash cap rate. This transformative transaction would accelerate GNL’s deleveraging initiative and position the company as a pure-play, single-tenant net lease company.

Manhattan, NY PopUp Bagels, the “Not Famous, but Known” bagel shop, will be opening four new locations across the city this year, bringing hot bagels to more NYC neighborhoods. 

Manhattan, NY Freedom Plaza, the visionary new civic and cultural plan for the East Side, has updated renderings of its proposed expansive green space, offering an intimate look at a design that redefines the urban park experience. This project, designed by award-winning OJB Landscape Architecture, offers approximately 4.7 acres of accessible public green space to meet the neighborhood’s needs for open space, connectivity, and outdoor community activation.

Manhattan, NY Hoffmann Architects + Engineers has appointed Craig Hargrove, AIA and Avi Kamrat as co-presidents of the boutique architectural and engineering practice, which specializes in the rehabilitation of building exteriors. Hargrove, AIA has been appointed co-president of Hoffmann after serving as director, architecture and manager of the firm’s New York City office

Brooklyn, NY Property Resources Corp. (PRC) and Avenue Realty Capital (ARC) have launched leasing at The Hartby, the restoration and redevelopment of the historic St. John’s College building located at 788 Willoughby Ave. on the border of Bedford-Stuyvesant and Bushwick. Re-envisioned by architecture firm Woods Bagot, with interiors by Alchemy Studio

West Nyack, NY BRIDGES, a nonprofit organization advocating for people with disabilities, held the grand opening and ribbon-cutting ceremony for its new Sensory Room on April 4, 2025. The event took place on the 4^th floor of the Palisades Center, next to Target, marking an exciting milestone in inclusive community resources for children with sensory processing needs.

Manhattan, NY 212 West 72^nd St., a modern luxury condominium set at the intersection of 72^nd and Bdwy. in the Upper West Side, continues to see sales momentum. Since the start of the year, the building has achieved $60 million in sales, including $50 million within just 30 days. With limited inventory remaining, 212 West 72^nd St. stands as one of the best-selling buildings on the Upper West Side and is now over 70% sold.

Hastings-on-Hudson, NY PWC NY’s annual golf outing is set for Monday, May 5^th at St. Andrews Golf Club. Participants will enjoy the day outdoors and connecting with industry peers as they support PWC NY programming. Golf packages (available for individuals and foursomes) include brunch, snacks, a dinner banquet, golf clinic and use of a practice facility, and a goodie bag, in addition to 18 holes of golf. 

BOMA New York and its members are at the forefront of advancing sustainability within the commercial real estate industry. As key players in managing and operating some of New York City’s most prominent commercial properties,

Melville, NY According to IREM NYC, Daniel Gale NY Property Management (DGNYPM) has earned the prestigious Accredited Management Organization (AMO) designation from the Institute of Real Estate Management.

Manhattan, NY IREM chapter’s success is due in no small part to the dedicated leadership of their volunteer board of directors. IREM NYC were so fortunate to have the entire board (almost) at the annual Dinner & Awards on Thursday, March 6^th at 230 Fifth!

Manhattan, NY Please join IREM NYC’s ESG Committee as they host a complimentary webinar on Wednesday, April 30^th at 11:00 featuring Bob Frustaci of Premier Compaction Systems.