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ON THE SCENE: Asset Commercial Realty Group tapped to sell Flushing condos
07
AGENTS Asset Commercial Realty Group has been retained on an exclusive basis to arrange the sale of two community facility units in the Shangri-La 3 condominium
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SELLING POINTS: New luxury condo coming to UES, Former Jaquar HQ goes to auction
07
● GAIA PROPERTY GROUP Rybak to build luxury UES condo Rybak Development closed on the $23 million purchase of a four-building assemblage at 331, 333, 335
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CBRE joins Sage at 77 Water Street as pre-builts come online
07
The William Kaufman Organization (WKO) and Principal Real Estate Investors, the owners of 77 Water Street, announced that it has retained CBRE as co-leasing
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Office leasing on hot streak
07
The Manhattan office leasing market is back on track with a strong second quarter after a slow start to 2018. In its second quarter report on the city
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Fertility pioneers double their footprint at GLLʼs restructured 4 Columbus Circle
07
In a transaction arranged by CBRE, New Hope Fertility Center, a medical practice founded by Dr. John Zhang, signed a 74,505 s/f office renewal and expansion
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SELLING POINTS: Turnbridge Equities pays $56M for Bronx site; TEI buys mixed-use CT portfolio
07
● TURNBRIDGE EQUITIES Investor places $56M bet on last-mile market Turnbridge Equities has expanded its last mile industrial portfolio in New York City
Deals & Dealmakers
Pharma firm exits NYC for CT
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CBRE announced that SpringWorks Therapeutics, a biopharmaceutical company that develops medicines for patients with rare diseases and cancer, leased 23,919
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Industry cheers New Year office leasing numbers
07
The Manhattan office market was on fire during the final quarter of 2018. The FIRE sector — financial services, insurance and real estate — accounted for
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Report: Strong economy should lift all CRE sectors in 2019
07
Sustained momentum from the U.S. economy’s extended economic expansion bodes well for major commercial real estate asset classes in 2019, according to
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SELLING POINTS: Nolita retail spot sells for $14M, Compass closes on seven Village storefronts
07
● AVISON YOUNG Nolita retail spot sells for $14M Avison Young announced the closing of 262 Mott Street in Nolita. The 5,831-square-foot, ground-floor retail
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REBNY raises $62,000 for police charity
07
REBNY’s 31st Annual Pro-Am Tennis Tournament raised $62,000 for NYC Detectives’ Endowment Association’s Widows’ and Children’s Fund. The event was led
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Parking safe from autonomous cars for now, experts say
07
As alternative forms of transportation like ride-sharing and autonomous vehicles gather steam, experts say adjacent industries like commercial and residential