Category: Brokerage
Burton, Shapiro, Carrozzo and Sutton of Cushman & Wakefield complete $10.825 million NoLita sale
May 21, 2019
Manhattan, NY Cushman & Wakefield has arranged the sale of 51 Spring St., an 8,076 s/f mixed-use building. The final closing price is $10.825 million equating to $1,340 per s/f.
Maddigan and Stanton of JLL broker $41 million sale
May 21, 2019
Brooklyn, NY JLL Capital Markets has sold 151 Kent Ave. in the Williamsburg neighborhood for the family of Norman Seidenfeld, Esq., and Zelda Mehl. 151 Kent Avenue Owner LLC acquired the 56,550 s/f residential loft building for $41 million.
Niblock of Friedman-Roth arranges $2.7 million sale
May 21, 2019
Queens, NY Friedman-Roth Realty Services has completed the sale of a commercial building located at 47-02 Queens Blvd. Located in the Sunnyside section, the free-standing property has frontage on three
Fosun Hive Holdings leases 18,958 s/f to NYCLA at 28 Liberty, Direct Energy takes 6,327 s/f
May 21, 2019
Manhattan, NY According to Fosun Hive Holdings, The New York County Lawyers Association (NYCLA) has leased 18,958 s/f on the 9th floor of 28 Liberty. The organization will relocate from 14 Vesey St.
Lee & Assoc. NYC secures 3,100 s/f for Small Door Inc.
May 21, 2019
Manhattan, NY According to Lee & Associates NYC, Gregory Tannor, executive managing director/principal, and Zachary Diamond, senior associate, have negotiated a 15-year, 3,100 s/f lease on the ground floor at The Greenwich Ln. residential condominium at 15 Seventh
New York City Climate Mobilization Act passes - by Thomas Kearns
May 21, 2019
The New York City Council recently passed a set of bills requiring owners of buildings of 25,000 s/f or larger to take several steps to reduce greenhouse gas emissions. The bills include: a requirement that the emission of greenhouse gases be
Black Mountain Capital opens new 2,500 s/f storefront at 371 North Ave. in New Rochelle
May 21, 2019
New Rochelle, NY Black Mountain Capital, (BMC), a private mortgage banking firm, has opened a new office downtown. The firm is also expected to expand and open offices in Greenwich, CT, the Hamptons and Florida.
The Wizard of OZ (that’s “Opportunity Zones”) The Round 2 Regs - by Dan Flanigan
May 21, 2019
The much anticipated second round of OZ regulations (Round 2 Regs) arrived on April 17, 2019 and provided a number of important clarifications, most of which are favorable to taxpayers, especially for operating businesses that are
Resnick & Sons complete two leases at 199 Water St. totaling 94,965 s/f
May 21, 2019
Manhattan, NY According to Jack Resnick & Sons, two companies have signed new leases and expansions totaling 94,965 s/f at 199 Water St.
Kopelowitz and Corde Rosenberg & Estis reps. 159 23rd LLC in Civil Court
May 21, 2019
Manhattan, NY Rosenberg & Estis, P.C. continues its representation of landlord 159 West 23rd LLC in a holdover proceeding against its commercial tenant
Storage Deluxe acquires 74 Bogart St., 80,000 s/f warehouse for $45.5 million; Kassin Sabbagh Realty...
May 21, 2019
Brooklyn, NY Storage Deluxe, a Manhattan-based owner and developer, has acquired 74 Bogart St. for $45.5 million. The 80,000 s/f vacant warehouse will be redeveloped into a…
Fridman of Barcel Group brokers sales of three buildings: $7.287 million total
May 21, 2019
Brooklyn, NY Barcel Group completed the sale of three buildings. The properties are: 837 Manhattan Ave., 2405-2409 Nostrand Ave. and 1024 New York Ave. The sale of the three properties totals
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