News: Brokerage

TEK Realty Advisors arranges lease for Code Ninjas in Queens

Vincenzo Amato,
TEKRA

Queens, NY TEK Realty Advisors LLC (TEKRA) has arranged a lease for Code Ninjas at 31-35 31st St. in the Astoria neighborhood. 

TEKRA was hired by ownership to lease a vacant ground floor retail unit located at the base of an 87,575 s/f condominium building. The unit was formerly occupied by a nail salon and is close to the N and W trains on 31st St. and Broadway.

Founded in 2016, Code Ninjas is a learning center that teaches children ages 7 through 14 computer coding in an inspiring environment. The Houston-based company is one of the nation’s largest and fastest-growing kids coding franchises in the U.S. and is opening hundreds of centers across the country. Code Ninjas currently has 397 locations open or in development across 40 states. Including the Astoria location, New York is home to five locations of which four are located on Long Island.

“With the pace of technological advancement in the United States and its continued requirement for jobs, I think all parents will begin to enroll their children in STEM programs such as the one Code Ninjas provides.” said Vincenzo Amato of TEKRA. “The Astoria location will be a great addition to the community’s existing and growing family population.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.