Category: Brokerage

Queens, NY The Port Authority of New York and New Jersey, in partnership with Realterm and Worldwide Flight Services (WFS), celebrated the opening of a new $270 million consolidated cargo handling center at John F. Kennedy International Airport (JFK). As the first new cargo facility at JFK in 25 years, this new cargo center will consolidate operations from four separate cargo zones

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,

Manhattan, NY CM&B has promoted Tom Tassinari to executive vice president and chief operating officer (COO) at CM&B. In this role, Tassinari will oversee the internal operations of their Boston and New York offices. His promotion is a direct reflection of the leadership, dedication, and strategic contributions he has made throughout his 15 years

Manhattan, NY Neighborhood Housing Services of New York City, Inc. (NHSNYC) has appointed Tywan Anthony as director of property management & real estate training. In this role, Anthony will lead the newly established property management and training division at NHSNYC, focusing on enhancing technical expertise, educational resources, and overall support for industry

Ballston Spa, NY Adirondack Capital Partners (ACP) sold Northway Eleven Communities, a 952-unit, 240-building, 131-acre free-market multifamily complex. Adirondack Capital Partners represented the seller and the buyer in the transaction, marking the largest free-market multifamily sale in the history of New York state outside of New York City

Brooklyn, NY Work has officially commenced at Technico Construction Services latest New York City School Construction Authority (NYCSCA) project, PS82 at 63-14 14th Ave. This new $63.711 million ground-up middle school will soon become an educational hub for over 450 students, spanning four floors and 65,000 s/f. Designed by the DLR Group, PS82 will offer

East Rochester, NY Empire Commercial Construction completed the contract for San Lorenzo Montessori. Empire partnered with Greater Living Architecture for design of the over 6,000 s/f childcare/educational fit out located at 105 Despatch Dr. The space completion and official opening from their Fairport relocation occurred in early January.

Queens, NY Brax Realty negotiated the sale of a five-building portfolio located across Harlem and Queens for a total purchase price of $8.22 million. The properties included 1873 Lexington Ave., 149 East 116th St., 151 East 116th St., 175 East 116th St., and 220-20 Merrick Blvd. The sale marks the first time this portfolio has changed hands

Brooklyn, NY According to OPEN Impact Real Estate (OPEN), Bike New York has signed a new 10-year lease for 8,619 s/f on the third floor of Industry City’s 4014 1st Ave. The new space will house Bike New York’s Recycle-a-Bicycle program.

Manhattan, NY The Real Estate Board of New York brought together hundreds of members on April 30th for the recognition of the REBNY Commercial Sales Most Ingenious Deal of the Year Awards. The 81st occurrence of the annual event was hosted at the Lever House in Midtown and saw a team from ABS Partners take home the top award, followed by professionals

Buffalo, NY HUNT Real Estate ERA has once again secured its position as the top-performing brokerage in the ERA Real Estate network, earning the #1 ranking in both sales volume and units sold for 2024. This achievement marks the sixth consecutive year that HUNT has led the ERA network, reinforcing its reputation for excellence, innovation,

Bronx, NY Simone Development Companies has signed a new long-term lease with DLP Distribution for a 1,600 s/f discount appliance store at 66 Westchester Sq. The new store will be DLP’s fifth New York location. Simone Development’s in-house leasing and legal teams represented ownership in negotiations with the tenant,