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Compliance co. subleases space from cosmetics giant
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A professional services firm has subleased nearly 25,000 s/f at 777 Third Avenue, occupying a full floor vacated by one of the country’s leading cosmetic companies.
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Jail demolition underway for start of housing development
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Demolition is underway on the former Spofford Juvenile Detention Center in Hunts Point community to make way for a new affordable housing development.
Construction & Design
Developers unveil plan for biggest distribution center in Port of New York/ New Jersey
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Advance Realty and Greek Development are set to build the largest logistics facility in the New York / New Jersey Port region. The 4.1 million square feet
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Hampshire Companies grows self-storage portfolio
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The Hampshire Companies continues to bolster its self-storage portfolio with the addition of a 106,500 s/f state-of-the-art storage facility in Hartford, CT.
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ABS fills Flatiron retail space with spa concepts
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Two spas have signed 10-year leases on the ground floor of a 22nd Street building owned by ABS Partners Real Estate. Silver Mirror, a facial bar, leased
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Larken Associates buys NJ shopping center
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HFF announced the $16.2 million sale of The Village Shoppes at Hawk Pointe and Hunterdon Medical Office Building. The property comprises an 81,415 s/f
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BCB refinances uptown apartment portfolio
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BCB Property Management Inc. (BCB) has refinanced a six-building multifamily portfolio in Morningside Heights with a $78 million deal. Newmark Knight Frank
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MRC pumps $67M into New Jersey multifamily development
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Madison Realty Capital (MRC) closed a $67.5 million loan collateralized by a 205-unit multifamily development project and an adjacent development site
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Newmark team secures $54M loan for 60 Guilders venture
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On behalf of a partnership led by 60 Guilders, Newmark Knight Frank (NKF) has secured a $54 million floating-rate loan for the refinancing of 119-121 Spring Street.
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Industry leaders uncover opportunity across markets, structures
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If you’re trying to determine where to invest, and you’re sans crystal ball, the next best thing is talking to the experts. They were out in force as part
Deals & Dealmakers
Arthur Mirante joins board of Avison Young
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ARTHUR MIRANTE Avison Young announced today that Arthur Mirante has been appointed to its Board of Directors. Mirante is a Principal of Avison Young and
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AG awards $26M to NY land banks
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Attorney General Barbara D. Underwood announced $25.9 million in new funding for all New York State land banks that work to protect homeowners and neighborhoods