Category: Brokerage

OPEN Impact Real Estate leases 29,566 s/f <br> to Rising Ground at 1333 Broadway

OPEN Impact Real Estate leases 29,566 s/f
to Rising Ground at 1333 Broadway

June 13, 2023
Manhattan, NY OPEN Impact Real Estate LLC (OPEN) said that their firm represented Rising Ground in a 29,566 s/f lease at 1333 Broadway for the nonprofit’s new headquarters. The lease marks the first time in 132 years that the nearly 200-year-old social
Cushman & Wakefield arranges 41,854 s/f sublease at 195 Bdwy.

Cushman & Wakefield arranges 41,854 s/f sublease at 195 Bdwy.

June 13, 2023
Manhattan, NY Cushman & Wakefield has arranged a 41,854 s/f sublease for a new digital media company at 195 Brdwy. in the Financial District. The digital news startup company will occupy space on the 26th floor.
Ariel Property Advisors arranges $150 million sale of Sea Park portfolio on Coney Island

Ariel Property Advisors arranges $150 million sale of Sea Park portfolio on Coney Island

June 13, 2023
Brooklyn, NY Ariel Property Advisors (Ariel) negotiated the sale of the Sea Park affordable housing portfolio, consisting of three multifamily properties and one development site, all located in the Coney Island section of the borough.
Blatter of KFIR represents Bayrock Capital in purchase of 381-room Holiday Inn - $76.5m

Blatter of KFIR represents Bayrock Capital in purchase of 381-room Holiday Inn - $76.5m

June 13, 2023
Long Island City, NY Bayrock Capital has purchased a Holiday Inn for $76.5 million. The 381-room, 114,000 s/f hotel at 37-10 10th St. was built in 2022. KFIR Capital’s Jake Blatter represented Bayrock Capital Group in the off-market deal that sold for $671 per s/f
Slate Property Group and Avenue Realty Capital team up to close on $120 million multifamily acquisition

Slate Property Group and Avenue Realty Capital team up to close on $120 million multifamily acquisit...

June 13, 2023
Manhattan, NY Slate Property Group (Slate), an owner, operator and developer of multifamily and commercial real estate in the New York metropolitan area, and KABR Group (KABR), in partnership with Avenue Realty Capital’s (ARC) equity platform, have
Perlman of Largo Capital arranges $2.8 million in construction financing

Perlman of Largo Capital arranges $2.8 million in construction financing

June 13, 2023
Orchard Park, NY Ned Perlman, vice president of originations at Largo Capital, has arranged $2.8 million in construction financing for the development of an office property. The project consists of the ground-up construction of a two-story, 12,000 s/f commercial
Savills leases 41,613 s/f to Greenspoon Marder

Savills leases 41,613 s/f to Greenspoon Marder

June 13, 2023
Manhattan, NY Savills completed a long-term, 41,613 s/f sublease on behalf of Greenspoon Marder LLP from sublandlord CBS Broadcasting at Fisher Brothers’ 1345 Avenue of Americas in Midtown. Greenspoon Marder is a full-service law firm with 240 attorneys
Rudin inks two new leases at 355 Lexington Ave. - 22,843 s/f

Rudin inks two new leases at 355 Lexington Ave. - 22,843 s/f

June 13, 2023
Manhattan, NY Rudin completed two new leases totaling 22,843 s/f at 355 Lexington Ave., its boutique office tower in Midtown’s Grand Central district. ADCO Electrical Corp., an electrical contractor, finalized a 10-year lease renewal
Lee & Associates NYC relocates headquarters to 1211 Avenue of the Americas

Lee & Associates NYC relocates headquarters to 1211 Avenue of the Americas

June 13, 2023
Manhattan, NY Lee & Associates NYC signed a sublease for 17,580 s/f at 1211 Avenue of the Americas, relocating their headquarters to the News Corp. Building, from 845 Third Ave. The brokerage firm will occupy part of the 29th floor in the 45-story,
JLL Hotels & Hospitality completes partial interest sale of Mandarin Oriental, New York

JLL Hotels & Hospitality completes partial interest sale of Mandarin Oriental, New York

June 13, 2023
Manhattan, NY JLL Hotels & Hospitality brokered the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. which has been completed. JLL represented the sellers in the sale of their ownership stake.
Hudson Gateway Association of Realtors, OneKey MLS and TitleVest host virtual panel featuring Barron and Prostano of Compass

Hudson Gateway Association of Realtors, OneKey MLS and TitleVest host virtual panel featuring Barron...

June 13, 2023
White Plains, NY The Hudson Gateway Association of Realtors, Inc. (HGAR), OneKey MLS and TitleVest hosted a virtual panel featuring real estate industry leaders who discussed New York’s ever-evolving public space streetscapes, skylines and neighborhoods.