Category: Brokerage
Newmark advises BREIT on $2.2 billion sale of Simply
November 14, 2023
New York, NY Newmark Group, Inc. served as the co-lead advisor to Blackstone Real Estate Income Trust, Inc. (BREIT) on its sale of Simply Self Storage (Simply) to Public Storage for $2.2 billion. Newmark’s capital markets national
EJS Group closes on $112.5 million construction loan
November 14, 2023
Manhattan, NY EJS Group has closed a construction loan for its 200 East 75th St. project on the Upper East Side. Bank OZK provided a $112.5 million financing package for the residential property, which will include 36 condominium residences
The art of the interview in 2023 - by Harry Zlokower
November 14, 2023
There was a time when one-on-one press interviews were often in-person meetings over lunch, cocktails or coffee, or by telephone. Now, much is done in writing via e-mail or social media. That is not to say “in-person” does not happen, but with reporters working
Ariel Property Advisors capital services team closes $20 million in loans
November 14, 2023
Brooklyn, NY The capital services group for Ariel Property Advisors (Ariel) recently arranged five loans totaling more than $20 million to finance the construction, acquisition and refinancing of properties throughout the borough.
Westchester LDC votes preliminary approval of $52 million tax-exempt bond for redevelopment of 187,0...
November 14, 2023
Rye, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval on October 20th of $52 million in tax-exempt bond financing for the redevelopment of the former Avon headquarters into a 187,000 s/f facility
The Moinian Group’s 535 Fifth Ave. reaches 90% occupancy
November 14, 2023
Manhattan, NY The Moinian Group said that its 535 Fifth Ave. office and retail property in Midtown has now reached 90% leased, with tenant Altice USA taking the entire 23rd floor.
ABS Partners Real Estate holds event/party at 200 Park Ave. South
November 14, 2023
Manhattan, NY About 200 brokers, clients, employees and guests attended ABS Partners Real Estate evening event/party unveiling ABS’ extensive plans for 200 Park Ave. South and its other New York City properties.
Cresa relocates Vector Media to 845 Third Ave.
November 14, 2023
Manhattan, NY Cresa principal Gregg Cohen and vice president Nicholas Markel have arranged the lease for Vector Media’s new offices at 845 Third Ave., a 21-story, mid-century modern, class-A office tower located between 51st and 52nd Sts.
Cushman & Wakefield leases 8,280 s/f at 39 Bdwy. to New York Cares
November 14, 2023
Manhattan, NY According to Cushman & Wakefield, New York Cares, the largest volunteer network in New York City, has signed an 8,280 s/f lease at 39 Bdwy. The nonprofit will occupy the entire 27th floor.
Davidson of Transwestern Real Estate Services brokers 2,800 s/f lease for Republic Capital Group
November 14, 2023
Manhattan, NY Transwestern Real Estate Services (TRS) brokered the headquarters lease for Republic Capital Group at 50 Rockefeller Plaza. Lauren Davidson, senior vice president at Transwestern, represented the investment bank
Rockabill Consulting secures $47.2 million to convert former nursing home into affordable senior hou...
November 14, 2023
Yonkers, NY Rockabill Consulting has secured $47.2 million on behalf of the nonprofit Finian Sullivan Corp. (FSC) to finance the acquisition and adaptive reuse of the former Convent of Mary the Queen nursing home. FSC is the owner
Jack Resnick & Sons inks retail lease with Club Pilates at 850 Second Ave.
November 14, 2023
Manhattan, NY Jack Resnick & Sons negotiated a 10-year, 3,500 s/f lease with Club Pilates, open on the ground floor of The Delegate, a condominium tower built by Resnick, at the corner of Second Ave. and 45th St. in Midtown East.
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