Deals & Dealmakers
Crystal co. competes for well-placed warehouse space
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NAI James E. Hanson, the New Jersey based real estate firm, has brokered a lease for 46,130 s/f of industrial space at 16 Herbert Street in Newark, NJ.
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DONE DEALS: REAL scores largest residential purchase in Tribeca
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REAL New York has finalized a $55 million purchase at 70 Vestry Street, setting the record as the largest residential building purchase in Tribeca’s history.
Residential
HAVE YOU HEARD? Star-studded guest list at Corcoran’s annual toys party
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Former New York City Mayor Michael Bloomberg, CNN’s Don Lemon, and actresses Lorraine Bracco and Mariska Hargitay were among the over 2,500 attendees at
Residential
National home sales numbers head south
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US home-sale prices increased 3.3 percent year over year to a median of $298,800 in November, according to Redfin, the online brokerage.
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Experts warn of cyber attacks on smart cities and buildings
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Leading tech, legal and insurance experts shared strategies for ensuring the future viability and security of smart cities throughout the state.
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CRE diversity program returns to NYC
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Project REAP is returning to NYC and Washington, DC for its spring semester that starts in March. The Real Estate Associate Program is a diversity initiative
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SELLING POINTS: Ursdtadt Biddle makes biggest purchase ever; BCB buys $81M Manhattan portfolio
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●URSTADT BIDDLE PROEPRTIES REIT makes $124M retail buy Urstadt Biddle Properties, the Greenwich, CT-based REIT, has paid $124.5 million for four New Jersey
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Law firm joins roster at 11 Times Square
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Avison Young has arranged a seven-year, 19,000 s/f lease for Berry Appleman & Leiden, LLC, a law firm focused on world-wide immigration, at Eleven
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NAMC recognizes Diversity Champ
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Janell Walker of EW Howell Construction Group has been honored with a 2018 Diversity Champion award from the New York Tri-State Chapter of the National
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Fast-growing AI company moves to bigger space at Vornadoʼs One Penn Plaza
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ContentSquare, an AI-powered digital experience insights platform, has moved its U.S. headquarters to New York’s One Penn Plaza in order to accommodate
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ON THE SCENE: Avison Young tapped for 75-acre site in Albany; Bestreich closes on $3M Park Slope property
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AGENTS The New York Tri-State Investment Sales group for Avison Young announced the following exclusive assignments: • The sale of Kenwood Commons, a 75-acre
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Crew implodes smokestack to make way for logistic center
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Lincoln Equities Group (LEG) completed the final stages of demolition at the new Lincoln Logistics Center, imploding a 175-foot smokestack and 150-foot