Manhattan, NY BXP closed a series of long-term leases at 360 Park Ave. South, a 450,000 s/f workplace in Midtown South. The leases, which include both new clients and a significant expansion in the building, total 230,000 s/f with a weighted average lease term of 11.4 years and bring the workplace to more than 90% leased.
The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Industrial properties consist of three major groups: warehouse and distribution, factories and manufacturing, and research and development (R&D). Typically, these
Manhattan, NY The Brodsky Organization (Brodsky) signed two new retail lease signings on the Upper East Side. Hashi Market and QQ Nails & Spa both signed ground floor retail leases at 1801 Second Ave.
Brooklyn, NY The Domain Companies signed three new retail leases totaling 7,500 s/f at 420 Carroll St. in the Gowanus neighborhood. The transactions, brokered by Igloo, introduce a curated mix of experiential retail, family-focused programming
Hempstead, NY Fred Parola, chief executive of the Town of Hempstead Industrial Development Agency (IDA), has granted final approval to a modified package of economic development incentives to a Hempstead Village
Brooklyn, NY The first Hyatt-branded hotel in Brooklyn has now debuted, adding a modern hideaway to the city’s cultural district. St. Louis-based Midas Hospitality and its partner ACRES Capital
Manhattan, NY This summer, New York City’s first Urban Civil Rights Museum is arriving during the U.S. 250th anniversary commemoration at the Urban League Empowerment Center, which itself recently celebrated its grand opening last autumn with a number of high-profile attendees,
Manhattan, NY The Third Avenue Business Improvement District/The HUB (The BID), home to one of the oldest commercial corridors in the city, hosted a press conference with local officials and community leaders on the HUB’s recent Commercial District Needs Assessment
Fort Lee, NJ Silver Defender, the pioneer in antimicrobial surface technology, has reached a significant advancement in the performance and durability of its proprietary film. Recent internal R&D cycles have demonstrated that the
Newport Beach, CA BKM Capital Partners (BKM), a leading real estate fund manager and operator focused exclusively on small- and mid-bay light industrial
Brooklyn, NY Two Trees Management, a family-owned, Brooklyn-based real estate development firm, has reached 70% sold at One Domino Square, Williamsburg’s tallest and one of New York City’s fastest-selling residential building, and surpassed $300 million in sales.