The Brodsky Organization secures new restaurant tenant at 1426 Third Avenue
The Brodsky Organization, Manhattan's premier developers of condominium, commercial, retail, and mixed-use space, closed a deal with restaurateurs Tom and Anthony Martignetti for a corner retail space at 1426 Third Ave., in the Upper East Side.
The transaction was a direct deal between the Martignetti brothers and the Brodsky Organization, and details on the deal were not disclosed. The Martignetti brothers, known for Brinkley's and the East Pole, plan to use the space for an upcoming restaurant opening late fall.
"The Martignetti brothers have demonstrated a continued track record of establishing successful restaurants throughout the city and we look forward to welcoming them into this space," said Alexander Brodsky, a principal at The Brodsky Organization. "The corner positioning of this space will offer the ideal location to grow their Upper East Side presence and develop a more diverse customer base."
"We look forward to continuing to serve the Upper East Side and the excitement that our new concept will bring to the neighborhood, and, of course, we look forward to having such great landlords," said Tom Martignetti.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account