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ON THE SCENE: This week’s Under $10M sales and exclusives
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SALES DEREK BESTREICH Bestreich Realty Group (BRG) announced the sale of 676 Halsey Street for $1,030,000. The development site is located between Malcolm
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CBRE looks to tempt workers back with Uber
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CBRE is partnering with Uber to ferry tenants to the office and bring them lunch. The world’s largest real estate services company’s global workplace experience
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New remote reality drives spike in data center development
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Driven by continuing demand from the financial sector, Fortune 500 companies and significant increase in remote working due to COVID-19, the New York Tri-State
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Growing management firm inks 13,000 s/f lease
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CBRE announced today that it has arranged a 12,900 s/f lease for Stillman Management Realty at 440 Mamaroneck Avenue in Harrison, NY. The property management
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Hotel sector rethinks valuation as short-term rentals crowd market
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The short-term rental industry will expand to roughly 650,000 actively rented units in the U.S. this year, equal to 12.2 percent of the country’s hotel-room
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BOMA champs look for victory
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280 Park Avenue is competing for the Renovated Building TOBY. Three New York buildings will compete in the BOMA International Outstanding Building of the
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SELLING POINTS: GFI sells Bronx apt. building for $11.525M
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● SVN Self-storage giant doubles down in Westchester SVN Commercial Realty has closed on the $22.35 million sale of two Westchester self storage facilities
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Hearst Tower, 280 Park earn International TOBY awards
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Two New York City buildings have won the prestigious Building Owners & Managers Association (BOMA )International TOBY Award at the BOMA International
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ESB fintech tenant expands to 35,000 s/f
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Empire State Realty Trust announced that iCapital Network Inc., a financial technology platform providing access to alternative investments, which currently
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New York celebrates as Hudson Yards officially opens
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Related Companies and Oxford Properties Group gave their Hudson Yards a New York opening last week, with a celebrity showcase in The Shops Thursday night
Deals & Dealmakers
LEASES: William Kaufman org arranges six Midtown leases, Buchbinder & Warren bring in LA laser removal company
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NEW YORK Buchbinder & Warren Realty announced that Sev Laser will open its first New York location at 120 Central Park South. The Los Angeles based
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Durst welcomes two new tenants to One World Trade center
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The Durst Organization and The Port Authority announced that DAZN Group has signed a 10-year lease for 50,668 s/f on the 72nd and partial 71st floors of