Category: Brokerage

New York, NY Kay Properties & Investments, a national leader in Delaware Statutory Trust equity placements and 1031 exchange investor education, has published its exclusive 1031 DST Digest magazine. This specialized publication is crafted to offer in-depth education on 1031 exchange

Manhattan, NY Savills represented StubHub, in a sublease totaling 100,000 s/f at Silverstein Properties’ 4 World Trade Center. Savills facilitated StubHub’s sublease, allowing StubHub to immediately take possession of one floor in the location.

White Plains, NY Senior executives of the Cappelli Organization, RXR and Korman Communities  joined with dignitaries from Westchester County and the city to celebrate the topping out of AVE Hamilton Green, a $650 million mall-to-housing conversion project that transforms the former site of the White Plains Mall into a mixed-use residential development. 

Manhattan, NY Fried Frank advised a joint venture between Douglaston Development and Ares Management in connection with a $560 million mortgage and mezzanine loan secured by their 60-story newly delivered residential building with 14,495 s/f of ground floor retail located at 311 Eleventh Ave. in the Hudson Yards neighborhood.

In today’s competitive commercial real estate market, your website is more than just a digital business card — it’s your 24/7 sales engine. A strategically branded and optimized website can be your most powerful tool for attracting high-quality leads and building the relationships essential for success in CRE. 

Kings Park, NY Island Associates negotiated a new development of a ground-up 10,000 s/f childcare facility plus a 5,000 s/f outdoor play area at 284 Indian Head Rd., that has been leased to The Learning Experience for a 15-year term plus options.

Manhattan, NY Phipps Houses signed a 38,862 s/f lease spanning the entire 11th, 12th and 15th floors at 257 Park Ave. for 32 years. This location will also house offices for Phipps Houses 501(c)(3) social service affiliate, Phipps Neighborhoods.

Yonkers, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval on July 24 of $35 million in tax-exempt bond financing for renovations at Sarah Lawrence College near the Village of Bronxville. The bond financing is for a period of 30 years. 

New York, NY Zenith IOS closed its second Industrial Outdoor Storage (IOS) joint venture with institutional investors advised by J.P. Morgan Asset Management. The new venture will continue building on their first joint venture and seek to purchase $700 million of IOS sites across the United States.

Manhattan, NY Samuel Marchese and Farhana Hassan Choudhury have joined Cassin & Cassin LLP. Marchese has joined the firm as a partner. Choudhury joins the affordable housing and agency lending practice as an associate.  Marchese joins Cassin from a New York-based law firm, where he served as partner. He brings with him substantial experience in representing property owners, developers, purchasers,

Manhattan, NY Ariel Property Advisors (Ariel) presented its mid-year Coffee and Cap Rates event on July 31st, sharing the latest trends in investment sales market and capital services in New York City. The event was hosted by TD Bank.

Manhattan, NY Lee & Associates NYC completed the $6.5 million sale of 150 West 36th St., a 10,395 s/f retail and office commercial building in the Garment District.  Stephanie Moore and Catherine O’Toole from Lee & Associates NYC represented the buyer and seller in this transaction.