Deals & Dealmakers
ON THE SCENE: Bestreich Realty Group announces the sale of 854 Hancock Street in Bed Stuy
00
AGENTS New York-based RCS Real Estate Advisors has been retained by worldwide fashion retailer Forever 21 to help the company as they
Deals & Dealmakers
REBNY’s annual Pro-Am Tennis Tournament raises money for NYC Detective Endowments Association
00
REBNY’s 31 st Annual Pro-Am Tennis Tournament, helmed by Fried Frank’s Real Estate Department Chair Jonathan Mechanic and CBRE Chairman of Global Brokerage Stephen B.
REBNY Watch
Steering a new course for New York’s apparel industry
00
New York City’s garment industry has been woven into the fabric of the city’s economy and provides thousands of jobs for our residents. However, the economic
Deals & Dealmakers
Brokers predict Fifth Avenue retailers will head downtown
00
By Sarah Trefethen Fifth Avenue is a name known to shoppers around the world, but the avenue is longer than the 11-block stretch between 49th and 60th
Deals & Dealmakers
How far should you live from work?
00
By the time Rick Matthews gets to work in the morning, he’s already covered the 60 miles of distance between Vernon, New Jersey and his office desk in
Deals & Dealmakers
SELLING POINTS: GFI sale sets Hamilton Heights record; Gramercy building for sale
00
  ●GFI Realty services Harlem sale breaks record GFI Realty Services, Inc. announced the record-breaking $12.3 million sale of 605 West 141st Street
Construction & Design
Private developers best city in NYCHA management
00
A pilot project to give private companies a hand in putting right the city’s crumbling housing stock has been hailed as an overwhelming success.
Deals & Dealmakers
WP Carey strikes net lease deal with storage giant Extra Space
00
The deal will give Extra Space five more locations in NYC W. P. Carey and Extra Space Storage have entered into net lease agreements for 36 self-storage
Deals & Dealmakers
NGKF tapped to lease landmarked Pencil Factory in Greenpoint
00
Newmark Grubb Knight Frank has been named exclusive leasing agent for the landmarked Pencil Factory at 74 Kent Street, a 37,745 s/f fully renovated retail/office
Residential
NEW DEVELOPMENT: ARO joins Midtown West market, Leasing live for Bryant Park’s ML House
00
● ALGIN MANAGEMENT ARO makes its big entrance to market Leasing has begun at ARO, a new 62-story, 426-unit luxury rental tower developed by Algin Management
Deals & Dealmakers
Chetrit backtracks on Sony condo plan, sells to office venture for $1.45B
00
THE SONY BUILDING The Chetrit Group has reversed its plan to turn the Sony Building at 550 Madison into uber luxury condos and instead sold the property for $1.
Deals & Dealmakers
Investment firm Cyrus Capital Partners takes 23,000 s/f at Park Avenue Tower
00
Equity Office has signed a new lease with investment advisory firm Cyrus Capital Partners L.P. to move its headquarters to 23,356 s/fat Park Avenue Tower