Category: Brokerage

The Feil Organization signs 19,326 s/f lease with Lockton Re at 261 Fifth Ave.

The Feil Organization signs 19,326 s/f lease with Lockton Re at 261 Fifth Ave.

August 15, 2023
Manhattan, NY The Feil Organization, a premier national real estate investment firm, announced that it has signed a 10-year, 19,326 s/f lease with Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker across the entire 10th floor of
From Chaos To Clarity: Multifamily Property Managers Streamline Operations With End-To-End Solution - by Cem Savas

From Chaos To Clarity: Multifamily Property Managers Streamline Operations With End-To-End Solution ...

August 15, 2023
Managing multifamily properties has never been more complex, with ever-changing regulations, apartment repairs, and resident demands forcing property managers to become adept jugglers. Yet the industry has mostly lagged when it comes to automation and technology in general, with most offices still mired in excessive paperwork, inefficiencies, and separate systems for different tasks
Horner joins AMA Group as principal of ALD Lighting

Horner joins AMA Group as principal of ALD Lighting

August 15, 2023
Manhattan, NY AMA Group, an industry leading engineering firm dedicated to providing best-in-class design and implementation for a variety of project types nationwide, announced that Stephen Horner has joined the team as principal of the East Coast Lighting Design Business Unit
HKS Real Estate Advisors has completed the sale of a development site at 360 West 52nd St.

HKS Real Estate Advisors has completed the sale of a development site at 360 West 52nd St.

August 15, 2023
Manhattan, NY HKS Real Estate Advisors announced the successful sale of the development site at 360 West 52nd Street for $3.35 million ($362 per s/f). This transaction, led by Cadence Development in partnership with HOH Capital Partners and Deal Lake Capital, marks a significant expansion
Newmark secures $500 million investment for cold storage platform, Envision

Newmark secures $500 million investment for cold storage platform, Envision

August 15, 2023
Newmark has recently raised $500 million from an institutional investor to capitalize a new cold storage operating and development platform, Envision Cold (Envision). This investment allows Envision to acquire and develop over $1.5 billion of cold storage assets. Newmark advised on the equity raise and formation of the company. The team was led by Newmark's co-presidents of Debt & Structured Finance, Jordan Roeschlaub and Dustin Stolly
SRS Real Estate Partners completes $9 million sale of Great Northern Mall; major redevelopment planned

SRS Real Estate Partners completes $9 million sale of Great Northern Mall; major redevelopment plann...

August 15, 2023
Clay, NY SRS Real Estate Partners announced it has completed the $9 million off-market sale of Great Northern Mall. The shuttered property is situated on 120 acres and is slated for a major mixed-use town center redevelopment to encompass hundreds of apartments and townhomes, entertainment venues, restaurants, medical offices
CoreNet NYC Women’s Leadership Committee hosts event at Steelcase Showroom

CoreNet NYC Women’s Leadership Committee hosts event at Steelcase Showroom

August 15, 2023
Manhattan, NY The CoreNet Global New York City Chapter (CoreNet NYC) said that the organization hosted its Annual Women’s Leadership Summer Networking event on Tuesday, August 8 from 5:30 - 8:00 PM at the exclusive Steelcase Showroom. The event consisted of a networking and cocktail reception and was attended by over 100 leading professionals
Birchwood Commons contracts Mid Hudson Construction Management to construct Lagrange multifamily development

Birchwood Commons contracts Mid Hudson Construction Management to construct Lagrange multifamily dev...

August 15, 2023
Poughkeepsie, NY Birchwood Commons, Lagrange’s newest multifamily development, with contractors Mid Hudson Construction Management (MHCM), announced the beginning of leasing efforts. Named as a nod to the property’s surrounding grove of birch trees, Birchwood Commons’ four buildings – the Jackson, Hudson, Taconic, and Admiral — each host five two-story walkup apartments, each containing
Cushman & Wakefield arranges $14 million sale of The Calhoun School

Cushman & Wakefield arranges $14 million sale of The Calhoun School

August 15, 2023
Manhattan, NY Cushman & Wakefield has arranged the sale of The Calhoun School’s Lower School building. The 16,267± s/f above grade educational facility is located at 160 West 74th St. in thr  Broadway corridor of Manhattan
Prusik Group, BRP Companies, L+M Development Partners, Goldman Sachs Urban Investment Group, and Taconic Partners signs leases with Sephora and Pandora in mixed-use development on 125th St

Prusik Group, BRP Companies, L+M Development Partners, Goldman Sachs Urban Investment Group, and Tac...

August 15, 2023
Manhattan, NY A joint venture of The Prusik Group, BRP Companies, L+M Development Partners, Goldman Sachs Urban Investment Group, and Taconic Partners, announced the newest tenants of 121 W 125th St. – beauty and make-up retailer Sephora and luxury jewelry retailer Pandora. Sephora signed a lease for its new location on the ground floor, expected to open in winter of 2023. Pandora signed a 2,000 s/f lease
Eastern Union closes $62.25 million construction loan for new Lidl supermarket

Eastern Union closes $62.25 million construction loan for new Lidl supermarket

July 25, 2023
Brooklyn, NY Eastern Union has secured a $62.25 million construction loan for a 105,000 s/f, mixed-used property in Crown Heights that will be home to a new, 33,000 s/f Lidl discount supermarket.
K/BTF New City renovates New City Center; <br> Shoprite leases 55,900 s/f

K/BTF New City renovates New City Center;
Shoprite leases 55,900 s/f

July 25, 2023
Clarkstown, NY K/BTF New City LLC has completed the modernization of New City Center, located at 66 N. Main St., New City. A new long-term lease has been signed with Shoprite, a supermarket chain, to transform their 55,900 s/f store into