Category: Brokerage

New York, NY The Real Estate Board of New York (REBNY) will be bringing on more of New York City’s top chefs to participate in the night’s world-class culinary experience at their upcoming annual event.

With office buildings less than half full, according to one recent report, it is time for you to join the conversation and share expertise, advice and solutions with the real estate community and business and consumer worlds at large. Setting and accomplishing this goal will most definitely build awareness of you and your business but even more importantly will provide the opportunity to place your own ideas in play while rendering a significant service to the industry and public at large.

New York, NY Habyt, one of the biggest co-living operator in Europe and Asia, and Common, one of the largest co-living operator in North America, will be merging to create one of the leading global co-living company.

New York, NY Avison Young has arranged 11 new leases and two lease renewals at 21 West 38th St. and 330 East 59th St., bringing both buildings to 100% occupancy.  The leases total 50,000 s/f for 21 West 38th St. and just over 10,000 s/f at 330 East 59th St.

Institutional investors, such as insurance companies and pension funds, are weighing their options in the real estate market when making key decisions about allocating investments. In today’s climate of uncertainty around economic recovery rates, inflation levels, and interest rates––real assets offer an attractive potential for these large portfolios to reduce risk while at the same time improving returns.

Queens, NY Cord Meyer Development Co. signed three restaurant tenants at its Bay Terrace Shopping Center in Bayside, and two more restaurants at commercial properties owned by the company in Forest Hills according Cord Meyer vice president leasing Matthew O’Grady.

Greenwich, CT Lancewood Capital, founded in 2014 by a family office, has become increas-ingly more active in the first lien real estate credit space. The company was founded by the family office to produce safe risk-adjusted returns for capital generated from other businesses ventures.

Manhattan, NY JLL has completed two leases totaling 32,293 s/f on behalf of Property & Building Corporation Ltd. (PBC) at 452 Fifth Ave., the 30-story glass tower located near Bryant Park.

Brooklyn, NY Avanath Capital Management, LLC (Avanath) has completed the acquisition of 7 DeKalb, a 251-unit multifamily property for $101.25 million.

New York, NY Elegran Real Estate,  a tech-driven brokerage firm has hired real estate executive Eric Zollinger as its new principal. >Zollinger will focus on supporting the sales and new development department, driving quality growth and elevating the Elegran brand. He will also grow the firm’s partner program and help generate international business opportunities.

New York, NY Rudin, one of New York City’s largest private owners, operators and developers of real estate, has approved the 10-year lease Rémy Cointreau has signed, consisting of 29,852 s/f at 3 Times Sq., a premier 30-story midtown skyscraper currently undergoing a multi-million dollar renovation and repositioning.

New York, NY Tishman Speyer has secured agreements with Baker Tilly US, LLP (Baker Tilly) and Skandinaviska Enskilda Banken, AB (SEB) to move their offices to The Spiral, its recently-completed 66-story office tower. Advisory CPA firm Baker Tilly signed a long-term lease to occupy 28,000 s/f on a portion of The Spiral’s 22nd floor beginning in mid-2023.