Category: Brokerage

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,
Endeavor Real Estate Group sells 21,000 s/f flex building for $1.95 million

Endeavor Real Estate Group sells 21,000 s/f flex building for $1.95 million

September 30, 2025
Brighton, NY Endeavor Real Estate Group represented the buyer in the acquisition of 800 West Metro Park, a flex building. A local investment group paid $1.95 million for the 21,000 s/f building, built in 1999 on 3.96 acres. The asset was 100% leased and producing income at the time of
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.
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
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
Avison Young brokers $10.1 million sale of development site at 1550 Bedford Ave.

Avison Young brokers $10.1 million sale of development site at 1550 Bedford Ave.

September 30, 2025
Brooklyn, NY Avison Young brokered the sale of a 38,500 buildable s/f development site located at 1550 Bedford Ave. in Crown Heights for $10.1 million to Avery Hall Investments. Avison Young’s Brooklyn investment sales team facilitated the transaction through a 363-bankruptcy sale on
Myerow, Glasser and Fusco of Marcus & Millichap sell 1776 Castle Hill Ave. for $7.5 million

Myerow, Glasser and Fusco of Marcus & Millichap sell 1776 Castle Hill Ave. for $7.5 million

September 30, 2025
Bronx, NY Marcus & Millichap brokered the sale of 1776 Castle Hill Ave., an 83-unit elevator building in the Westchester Square submarket. The asset sold for $7.5 million.
Global Holdings signs Utopia Bagels and Essex Squeeze at 875 Third Ave.; expands food court

Global Holdings signs Utopia Bagels and Essex Squeeze at 875 Third Ave.; expands food court

September 30, 2025
Manhattan, NY Global Holdings, led by chairman and founder Eyal Ofer, closed two new retail leases at the base of its premium class A office tower, 875 Third Ave. Utopia Bagels signed a 15-year lease for 3,512 s/f across the ground floor and lower concourse. Juice bar Essex Squeeze also signed a lease
Thompson and Gentile of Resolution R.E. lease 5,200 s/f floor to Trident Media at 18 East 41st St.

Thompson and Gentile of Resolution R.E. lease 5,200 s/f floor to Trident Media at 18 East 41st St.

September 30, 2025
Manhattan, NY John Thompson, director/leasing, and Justin Gentile, director/leasing of Resolution Real Estate, a member of NAI Global, have leased a 5,200 s/f office, spanning the entire 13th floor at 18 East 41st St., to Trident Media Group. The internationally
RTL leases 1,500 s/f to The Greats of Craft at TF Cornerstone’s 47-20 Center Blvd. in LIC

RTL leases 1,500 s/f to The Greats of Craft at TF Cornerstone’s 47-20 Center Blvd. in LIC

September 30, 2025
Queens, NY TF Cornerstone (TFC) inked a 1,500 s/f retail lease with The Greats of Craft, a local all-day café and curated bar concept, at 47-20 Center Blvd. in Long Island City. To celebrate its grand opening, The Greats of Craft hosted a community