Manhattan, NY Avison Young has arranged a 99-year long-term ground lease at 301-307 Third Ave. on behalf of Snake River Development, who is managed by BNS Real Estate. The value of the long-term lease is estimated at $21.5 million, which equates to $300 per zoning floor area (ZFA),
Local Law 97 is one of the most ambitious plans for reducing emissions in the nation. Local Law 97 was included in the Climate Mobilization Act, passed by the City Council in April 2019 as part of then mayor De Blasio’s NYC Green New Deal. Buildings are responsible for about 70% of NYC’s greenhouse gas emissions,
White Plains, NY The Hudson Gateway Association of Realtors (HGAR) has distributed $124,250 of $500,000 available from the National Association of Realtors Relief Foundation” (RRF) to help Hudson Valley residents affected by the flash flooding over the summer. To date, 71
New York, NY JLL Capital Markets arranged a $132.3 million refinancing for a 22-property industrial outdoor storage portfolio located in nine states and totalling 230 acres. JLL worked on behalf of the borrower, a joint venture between Criterion Group and Columbia
Manhattan, NY According to Marx Realty, Green Street Advisors has signed a long-term lease for 5,000 s/f of office space at 10 Grand Central. The firm, known for its commercial real estate research platform and exclusive news outlets, has provided trusted industry insights for over 35 years
Manhattan, NY GFP Real Estate, LLC has signed four leases totaling 5,066 s/f at 209 West 38th St. “Fashion tenants continue to seek out quality, well-located loft space in the Garment District,” said Mathew Mandell of GFP.
Port Chester, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, has negotiated 15,929 s/f in commercial leases for six properties in Westchester County. Four leases totaling 7,323 s/f were signed at 14-20 Willets Ave. The landlord was represented by Mike Rackenberg, associate broker, with Houlihan Lawrence Commercial on all four transactions.
Chicago, IL The life sciences commercial real estate market has undergone a reset this year but is well positioned to be the comeback kid as capital sources grow more confident and green shoots emerge, according to JLL’s 2023 Life Sciences Industry
Yorktown, NY Breslin Realty signed a long-term lease with Chipotle Mexican Grill. Chipotle will be occupying 2,300 s/f with a drive-through, at the Lowe’s shopping center at the northwest corner of the intersection
Manhattan, NY The Real Estate Board of New York (REBNY) will host the REBNY Annual on Thursday, January 18, 2024. Now in its 128th year, the REBNY Annual once again welcomes the biggest names in real estate – as well as elected officials
Manhattan, NY Architect Ismael Leyva, FAIA, has designed a new luxury mixed-use property at 1026 Third Ave. in the Upper East Side. Ismael Leyva Architects was retained by Kahen Properties as the architect and interior designer of the project. Demolition was completed earlier
Manhattan, NY GFP Real Estate, LLC said that The Tailor Public House, a restaurant and bar near Madison Square Garden, has signed a five-year lease extension through 2038 for its existing 12,600 s/f corner retail space at 505 Eighth Ave. at the corner of 35th St.