Category: Brokerage

Message from the president of Real Estate Board of New York - by James Whelan

Message from the president of Real Estate Board of New York - by James Whelan

January 14, 2025
The COVID pandemic dealt a huge blow to urban centers around the country, including New York City. 2024, However, showed New York’s real estate market has positive momentum with significant policy wins and improved market performance. The priority for 2025
Eastern Union closes loans from 121 lenders across U.S. in 2024

Eastern Union closes loans from 121 lenders across U.S. in 2024

January 14, 2025
Manhattan, NY In a market beset with stubbornly high interest rates, Eastern Union – one of America’s largest commercial real estate brokerages – placed and closed loans with 121 lenders in 2024.
Resource Realty leases 312,567 s/f Maybrook Logistics Center

Resource Realty leases 312,567 s/f Maybrook Logistics Center

January 14, 2025
Montgomery, NY Resource Realty of Northern New Jersey (Resource Realty) has arranged a 312,567 s/f single-tenant lease of Maybrook Logistics Center, a newly developed class A industrial project at 134 Neelytown Rd. Firm principals Tom Consiglio, SIOR, and Scott Peck, SIOR, represented the landlord, Brookfield Properties
Ahamed of Helmsley Spear leases 7,600 s/f

Ahamed of Helmsley Spear leases 7,600 s/f

January 14, 2025
Long Island City, NY Helmsley Spear, LLC represented United Universal Management in the lease of 7,600 s/f located at 33-55 and 33-67 Crescent St. Helmsley Spear’s Showket Ahamed, associate broker, represented the tena
$492 million PACT renovation completed at 1,600 unit Williamsburg Houses

$492 million PACT renovation completed at 1,600 unit Williamsburg Houses

January 14, 2025
Brooklyn, NY NYCHA and partner team, RDC Development, a joint venture between Wavecrest Management and MDG Design & Construction, completed the $492 million comprehensive renovation of Williamsburg Houses as part of the Permanent Affordability
JEMB Realty signs Rubenstein Law to 5,000 s/f at 1 Willoughby Sq.

JEMB Realty signs Rubenstein Law to 5,000 s/f at 1 Willoughby Sq.

January 14, 2025
Brooklyn, NY JEMB Realty signed a 5,000 s/f lease with Miami-based Rubenstein Law for a long-term lease at 1 Willoughby Sq.(1WSQ). Rubenstein Law, recognized as the nation’s leading personal injury law firm, represents clients nationwide and will be relocating
Ariel Property Advisors arranges sale of 190 Third Ave. - $4.35 million

Ariel Property Advisors arranges sale of 190 Third Ave. - $4.35 million

January 14, 2025
Manhattan, NY Ariel Property Advisors (Ariel) has arranged the sale of a vacant four-story, 5,980 s/f landmarked commercial building with 17,000 buildable s/f of air rights at 190 Third Ave. in the Gramercy Park neighborhood. The property, also known
King and Friedman of Lee & Assocs. NYC lease 8,995 s/f at 45 West 45th St.

King and Friedman of Lee & Assocs. NYC lease 8,995 s/f at 45 West 45th St.

January 14, 2025
Manhattan, NY Lee & Associates NYC represented healthcare marketing and communications firm, 120/80 GROUP, in a new four-year and four-month lease at 45 West 45th St. in Midtown. The lease consists of the entire third floor totaling 8,995 s/f.
Matheos Realty Group closes two properties in Bedford Stuyvesant for $2.365 million

Matheos Realty Group closes two properties in Bedford Stuyvesant for $2.365 million

January 14, 2025
Brooklyn, NY Matheos Realty Group negotiated the closing of two 3-unit properties in the Bedford Stuyvesant neighborhood. The combined sale price totaled $2.365 million. The first property, located at 120 Ralph Ave., sold for $1.2 million, which equates to $461 per s/f
JafCap forms partnership with technology firm Light RFP

JafCap forms partnership with technology firm Light RFP

January 14, 2025
Manhattan, NY JafCap closed it’s first investment deal with Light RFP, a technology firm specializing in streamlining the request for proposal (RFP) process. This partnership signifies a strategic move for both companies, as JafCap aims to leverage
SMPS-NY hosts panel discussion on opportunities and challenges of commercial to residential conversions

SMPS-NY hosts panel discussion on opportunities and challenges of commercial to residential conversi...

January 14, 2025
Manhattan, NY The Society for Marketing Professional Services New York Chapter (SMPS-NY), the premier organization for marketing professionals in the architecture, engineering, and construction (AEC) industry, recently hosted an informative panel discussion on
Stav Equities sells 1,900 s/f retail condo for $2.3 million

Stav Equities sells 1,900 s/f retail condo for $2.3 million

January 14, 2025
Manhattan, NY A 1,900 s/f retail condo, located at 174 Duane St. in TriBeCa, has sold for $2.3 million. The tenant is Bibhu Mohapatra, a fashion and costume designer. The property was sold off-market, demonstrating the demand for premium retail assets in downtown.
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Lee & Associates NYC arranges 4,500 s/f lease for Fred Astaire Dance Studios expansion to downtown White Plains
GFP Real Estate signs three leases totaling 9,370 s/f at 247 West 37th St.
Marcus & Millichap brokers $16.25 million sale of Ponce Bank flagship headquarters in the Bronx
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The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian