Deals & Dealmakers
Partners unveil plan to redevelop Penn Plaza site as retail hotspot
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KBS Strategic Opportunity REIT II, a non-traded real estate investment trust based in Newport Beach, California, has announced a joint-venture agreement
Deals & Dealmakers
Old Kanes diner in Flushing sold after 50 years for $13.6M
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The free-standing diner property possesses significant development rights. TEK Realty Advisors LLC (“TEKRA”) is thrilled to announce the sale of a development
Deals & Dealmakers
Ariel tapped to market pair of commercial condo buildings
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Ariel Property Advisors has been retained on an exclusive basis by Adam America Real Estate to market commercial condominiums at 717 Driggs Avenue in Williamsburg
Deals & Dealmakers
Lodi, NJ Home Depot building sells for $53M
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99 Route 17 North is leased through 2029. CBRE announced that it has arranged for the $53 million sale of a property containing a 132,003 s/f Home Depot
Deals & Dealmakers
ON THE SCENE: GFI Realty Services has been named the exclusive sales agent for 615 East 17th Street in Ditmas Park
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AGENTS The Tri-State Investment Sales Group for Avison Young has been named the exclusive agent to market two retail condominiums spanning two
Deals & Dealmakers
Thirty industrial buildings sold in NJ
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CBRE has announced the sale, via a joint venture structure, of a vast portfolio of properties comprised of 30 industrial buildings in New Jersey, totaling more than 1.
Deals & Dealmakers
Hackman buys film, TV studio
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Hackman Capital Partners announced that it has acquired, through an affiliated entity, The MBS Group a film and TV studio real estate and production services
Deals & Dealmakers
Shake Shack to open another location in West Midtown
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By Sabina Mollot Shake Shack will soon be opening its 34th location in the city, having signed a 2,000 s/f, 15-year lease for a Midtown West location on
Deals & Dealmakers
SELLING POINTS: TerraCRG sells Brooklyn church for $13.5m
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● TERRACRG Brooklyn church/school site sold TerraCRG has announced the sale of 257 Washington Avenue, a 32,000 s/f development site in Clinton Hill, Brooklyn.
Deals & Dealmakers
City: Don’t just blame high rent
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Study reveals variety of reasons for retail vacancies By Sabina Mollot While too-high rents and competition from Amazon are often blamed for the state
Deals & Dealmakers
Spike Lee’s firehouse studio sold
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A three-story former New York City firehouse used by celebrated filmmaker Spike Lee’s production studio in Fort Greene for more than 20 years, 
Deals & Dealmakers
Kasirer seeks a happy ending for battered industry
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By Linda O’Flanagan After a summer of “greedy landlord” headlines, protests about rents, proposed commission caps, structural voids and downzoning