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No gray areas in Modica’s sales success
09
Ralph Modica, a broker for Douglas Elliman, claims that working in real estate has had a profound effect on his outward appearance. “I would say that I
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Luxury furniture retailer to open Madison Avenue showroom
09
Iconic luxury furniture and rug retailer Ben Soleimani has signed a lease for the brand’s first Manhattan showroom in New York City at 601 Madison Avenue
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Scissura has eye on future as he gets busy at NY Building Congress today
08
The new head of the New York Building Congress (NYBC) is bringing an outer borough mentality to the 96-year-old organization, focusing on bringing in members
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MCR closes $300M hospitality fund
08
MCR, the seventh largest hotel owner-operator in the United States, has closed a $300 million fund that should give it $1 billion in purchasing capacity.
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Kaufman buys another Frank Ring building from Extell
08
The Kaufman Organization, in a joint venture with Goldman Sachs, has closed on the ground lease of 155 West 23rd Street for a reported $45 million.
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iPic to open first Nassau County theater at former Sears store
08
Eastern Consolidated’s Brad Cohen and Jon Kamali, exclusive tenant reps for iPic in New York, have arranged a lease for a 348-seat luxury iPic theater
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DUMBO to get first full-size super market
07
Two Trees Management Company announced that DUMBO’s first full-sized supermarket, DUMBO Market, will be coming to 66 Front Street in early 2018.
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REIT closes on $616M deal for 425 Park ground lease
08
Safehold Inc. has closed on the previously announced acquisition of the existing ground lease at 425 Park Avenue for $616 million. In connection with this
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Makeover to preserve historic character of Terminal Warehouse
08
L&L Holding and Normandy Real Estate Partners have released a set of renderings for the 1.2 million square foot Terminal Warehouse redevelopment.
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Planet Fitness chain opening its first Long Island City gym
08
29-22 Northern Boulevard, a newly constructed rental building Planet Fitness, which now has more than 1,800 locations across the United States, has signed
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DONE DEALS: Big catch in Rye
08
Douglas Elliman Real Estate’s Nancy Strong and Stacey Oestreich have sold 408 Grace Church Street in Rye, NY, for $12.75 million. Celebrities, sport stars
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IN PICTURES: Extell tops out 70 Charlton
08
More than 75 guests gathered at Extell’s 70 Charlton Sales Gallery to celebrate the topping out of the building. Guests sipped wine from City Winery