Category: Brokerage
Norman Bobrow & Co. secures 17,644 s/f at 250 W. 57th St; Cushman & Wakefield act for landlord, Empi...
January 21, 2020
Manhattan, NY Distinguished Concerts International moved into a new 17,644 s/f space on the 19th floor of 250 West 57th St. overlooking Columbus Circle. Norman Bobrow & Co.’s managing director Matt Kashani, with
Orlander and Spielman of GFI Realty broker 288-unit apartment complex sale in Poughkeepsie – $35.3...
January 21, 2020
Poughkeepsie, NY GFI Realty Services, LLC handled the $35.3-million sale of 134 Innis Ave., a 288-unit garden apartment complex. GFI Realty associate director Josh Orlander represented the seller and Sylvia Spielman, also of GFI Realty,
Changing strategies in New York City - by Andrew Dansker
January 21, 2020
The New York real estate industry is facing challenges in 2020. Major regulatory reforms have been enacted which have severe negative impacts on values and cash flows for owners of stabilized multifamily units. Further regulatory reforms are under discussion which
EQ Office and design studio, INC, partner for redesign of 1740 Broadway
January 21, 2020
Manhattan, NY According to EQ Office, it has commenced an extensive reshaping of the tenant experience at 1740 Broadway, which will offer employees more optionality in how they work. The transformation includes a redesign of the
Marcus & Millichap completes three sales totaling $21.125 million
January 21, 2020
Brooklyn, NY Marcus & Millichap have completed three sales totaling $21.125 million: 132 54th St., a 35,500 s/f industrial property sold for $15.25 million. Jakub Nowak and Jake Torre, investment specialists at the firm, had the exclusive
Havens and Pardo of TerraCRG lease 1,650 s/f; Spiegel Associates acts for tenant
January 21, 2020
Brooklyn, NY TerraCRG has completed a lease at 105 Court St. Chris Havens and Caroline Pardo of the TerraCRG office leasing division represented the landlord, Chanin Court Associates. Ted Spiegel of Spiegel Associates acted on behalf of
Koeppel of Koeppel Rosen brokers 17,610 s/f lease; Okun of Cresa reps. tenant
January 21, 2020
Manhattan, NY Bowery Farming is expanding and relocating to 151 West 26th St., a building owned by the Rosen family. The company will occupy the 12th floor, taking 17,610 s/f, and will have an exclusive roofdeck as an
AIA New York names 2020 Design Award recipients
January 21, 2020
New York, NY A jury of independent architects, educators, critics, and planners convened at the Center for Architecture to select the winners of the 2020 AIA New York Design Awards. The jurors publicly named the 35 winning projects at a
Lowy of Juniper Capital secures $5.15 million loan
January 21, 2020
Brooklyn NY Juniper Capital Group secured a $5.15 million cash out refinance loan from Greystone for a 10-unit multifamily. Juniper Capital’s Nate Lowy negotiated loan terms that included
AAGS Holdings acquires Eagle Electric building; $27.5 million deal arranged by Meridian Capital Grou...
January 21, 2020
Queens, NY AAGS Holdings has purchased the former Eagle Electric building in Long Island City, with plans to build a tower above the current structure to create a class-A office building with retail and cafés. AAGS Holdings is a joint venture of
Brooklyn MLS releases Bay Ridge sales report
January 21, 2020
Brooklyn, NY Brooklyn MLS issued their latest report focused on sales in Bay Ridge, as well as the overall median days on the market.
Innovo Property Group closes $54.25 million acquisition of 140,000 s/f warehouse; Junik and Stein of...
January 21, 2020
Bronx, NY Innovo Property Group (IPG), a real estate investment and operating company founded by Andrew Chung and backed by Nan Fung
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