Category: Brokerage
Short Term Capital finances $4.5 million acquisition loan
September 11, 2023
Manhattan, NY Short Term Capital has funded a $4.5 million one-year, interest-only acquisition loan secured by a five-story Midtown office building. The 13,000 s/f building with ground floor retail at 150 W 36th St., is located
Durst, Newmark and Manhattan Boutique Real Estate lease 117,181 s/f to Empire State Development at 6...
August 29, 2023
Manhattan, NY The Durst Organization said that Empire State Development (ESD) has chosen 655 Third Ave. for its New York City headquarters. ESD, New York State’s economic development and financing agency, is taking five full floors of the building totaling 117,181 s/f
Tishman Speyer secures three leases totaling 112,000 s/f at The Spiral
August 29, 2023
Manhattan, NY Tishman Speyer has secured agreements with three investment firms to occupy a combined 112,000 s/f at The Spiral, its recently-completed 66-story office tower on the West Side of Midtown.
Douglas Elliman celebrates 108 Leonard rooftop
August 29, 2023
Manhattan, NY Brokers gathered to celebrate the opening of the rooftop at 108 Leonard, the neoclassical landmark restored and reimagined to comprise 167 homes in TriBeCa. The landscaped rooftop is the final installment in 108 Leonard’s 20,000 s/f of amenity spaces.
Greystone provides $18.3 million in Fannie Mae DUS financing
August 29, 2023
Brooklyn, NY Greystone has provided a $18.296 million Fannie Mae Delegated Underwriting & Servicing (DUS) loan to refinance a 154-unit multifamily property. The financing was originated by Anthony Cristi, managing director at Greystone.
Ariel Property Advisors brokers sale of
three NYC properties - $10.98 million
August 29, 2023
Brooklyn, NY Ariel Property Advisors has arranged the sale of three properties in Northern Manhattan, Brooklyn and the Bronx for $10.98 million. The transactions included the following:
Jack Resnick & Sons finalize two leases - 108,086 s/f at One Seaport Plaza
August 29, 2023
Manhattan, NY Jack Resnick & Sons has finalized two lease renewals totaling 108,086 s/f of office space with two social service organizations at One Seaport Plaza, its 1.1 million s/f property located downtown at 199 Water St.
GFP Real Estate inks four leases totaling 12,924 s/f at 515 Madison Ave.
August 29, 2023
Manhattan, NY GFP Real Estate, LLC negotiated three lease transactions totaling 12,924 s/f at 515 Madison Ave. in the Plaza District. Weiss Wellness, a physiatrists group, signed a new 10-year lease for 6,536 s/f on the fifth floor. Martin McGrath of GFP Real
Delaware Statutory Trusts and the anchor and buoy investment theory - by Dwight Kay
August 29, 2023
For investors currently considering a Delaware Statutory Trust (DST) investment for either their 1031 exchange or direct-cash investment, one of the first things to consider is what investment strategy should be pursued? For example, is the goal to achieve greater appreciation, even if it means investing
Marx Realty signs LeafHome to 10,000 s/f at 10 Grand Central
August 29, 2023
Manhattan, NY Marx Realty said that LeafHome has signed a long-term lease for 10,000 s/f at 10 Grand Central. The 15th floor space is the first NYC office for the Ohio-based developer of the LeafFilter gutter protection technology and will serve as the headquarters
Keidan of Cresa arranges 5,000 s/f lease for Timberlake Studios
August 29, 2023
Manhattan, NY Cresa Global Inc. (Cresa) vice president Leslie Keidan has arranged a 10-year lease for a 5,000 s/f workspace at 545 Eighth Ave. for Timberlake Studios, a theatrical costume production company. Founded in 1959 by costume maker Betty Williams, her protégé Sarah Timberlake
Gopan and Schwartz of Simone Development sign Fastenal Co. to long-term lease at 1448 Ferris Pl.
August 29, 2023
Bronx, NY Simone Development Companies said that the largest fastener distributor in North America, Fastenal Company, has signed a 7,100 s/f, long-term warehouse lease at 1448 Ferris Pl.
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