Category: Brokerage

Borrower permitted to prove delays and bad faith by lender and servicer - by Thomas Kearns

Borrower permitted to prove delays and bad faith by lender and servicer - by Thomas Kearns

November 26, 2024
A series of decisions in New York County Supreme Court involving a California hotel highlight the risks to lenders and their servicers when they delay negotiations over defaulted loans.  The decisions in Newage Garden Grove LLC v. Wells
Yafa opens at Alloy Block

Yafa opens at Alloy Block

November 26, 2024
Brooklyn, NY According to Alloy Development (Alloy), Yafa, a family and minority-owned boutique coffee company that spotlights Yemeni coffee culture, has opened its second location downtown as part of the first phase of the Alloy
Jack Resnick & Sons inks three leases at 485 Madison Ave.

Jack Resnick & Sons inks three leases at 485 Madison Ave.

November 26, 2024
Manhattan, NY Jack Resnick & Sons negotiated three lease agreements totaling more than 33,000 s/f at 485 Madison Ave., in its Midtown tower. CancerCare has signed a 16-year lease to occupy the entire 14,101 s/f 10th floor of the 25-story
Fourth annual Building Better for the Tunnel To Towers Foundation event

Fourth annual Building Better for the Tunnel To Towers Foundation event

November 26, 2024
Manhattan, NY More than 300 guests from the commercial real estate and construction industries gathered at Red Eye Grill for the Fourth Annual Building Better for the Tunnel To Towers Foundation event
Zahler of Two Trees Management leases 2,442 s/f to Alo Yoga

Zahler of Two Trees Management leases 2,442 s/f to Alo Yoga

November 26, 2024
Brooklyn, NY Alo Yoga, a fashion and lifestyle brand, signed a 10-year, 2,442 s/f lease at 76 Front St. in DUMBO with Two Trees Management. This new storefront will bring its focus on mindful movement and luxury lifestyle to the waterfront neighborhood.
Lendlease recognized by GRESB

Lendlease recognized by GRESB

November 26, 2024
New York, NY Lendlease achieved regional sector leader recognition from GRESB for 2024 for its multifamily and life sciences funds, ranking first in multiple categories. This is the third consecutive year Lendlease has attained this
Anthony Lawrence-Belfair leases 25,214 s/f warehouse space at Simone Development’s 1200 Zerega Ave.

Anthony Lawrence-Belfair leases 25,214 s/f warehouse space at Simone Development’s 1200 Zerega Ave...

November 26, 2024
Bronx, NY Simone Development Companies said that Anthony Lawrence-Belfair, a leading furniture company, has signed a long-term lease for 25,214 s/f of warehouse space and 19,312 s/f of land at 1200 Zerega Ave. The new space will
Preuss Sr., Louie, Ravi and Ripka of RIPCO Real Estate sell 114,113 s/f Sam’s Club in Elmsford

Preuss Sr., Louie, Ravi and Ripka of RIPCO Real Estate sell 114,113 s/f Sam’s Club in Elmsford

November 26, 2024
Elmsford, NY RIPCO Real Estate sold 333 Saw Mill River Rd., a single-tenant retail asset occupied by Sam’s Club. The property includes a 114,113 s/f building on a 12.76-acre lot, with Sam’s Club as a long-standing
La Pecora Bianca signs 15-year retail lease at Irvine Cos.’ MetLife Building at 200 Park Ave.

La Pecora Bianca signs 15-year retail lease at Irvine Cos.’ MetLife Building at 200 Park Ave.

November 26, 2024
Manhattan, NY According to the Irvine Company, the hospitality group behind La Pecora Bianca restaurant brand has signed a 15-year lease to create a new Italian restaurant on the ground floor of the MetLife Building at 200 Park
Rutt named director of real estate recruitment at 52X Consulting

Rutt named director of real estate recruitment at 52X Consulting

November 26, 2024
Manhattan, NY 52X Consulting has appointed Terry Rutt as director of real estate recruitment. In this newly created role, Rutt will further the company’s presence in the commercial real estate sector, leveraging his experience in talent acquisition and executive search.
Featured Project: EW Howell delivers a show-stopping renovation at Northwell at Jones Beach Theater

Featured Project: EW Howell delivers a show-stopping renovation at Northwell at Jones Beach Theater

November 26, 2024
Wantagh, NY Prior to the 2023 concert season at the iconic Northwell at Jones Beach Theater at Jones Beach State Park on Long Island, EW Howell Construction Group stepped into the spotlight. The firm was tasked to complete a comprehensive venue modernization — the largest investment