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Office shop on the grow
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Adams & Co. Real Estate brokered a 13 year, 13,005 s/f expansion and 34,671 s/f renewal for Select Office Suites at 1115 Broadway, for a total of 47,676 s/f.
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Construction financing for afforable property
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Camber Property Group (CPG) and Westhab Inc. closed on financing for the construction of 913 East Tremont Avenue, a supportive and affordable residential
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Affordable New York is not living up to its name
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By Chris Gillis, Investment Real Estate Salesperson, Ackman-Ziff Affordable New York, the replacement for the expired 421-a housing development program
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Biz hub fills gap for commercial space in tech-friendly Brooklyn
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A 150,000 s/f small business hub opened on Brooklyn’s Dean Street last week, filling what local officials called a “dire need”
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Industry hails effort to re-write Scaffold Law
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A decades-long effort to resolve what’s been called “the most significant issueˮ facing New York State’s construction industry, could be in sight.
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City task force to study developer tax break programs
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By Konrad Putzier The City Council has launched a task force to study the efficacy of New York’s tax breaks. The 11-member group, whose existence was first
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Lower East Side Tenement Museum celebrates anniversary
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The Lower East Side Tenement Museum celebrated its 25th anniversary and the 150th anniversary of its historic landmark tenement at 97 Orchard Street with
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Housing developers in it for the long haul
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Rodney Propp (left) and Joseph Tahl By Orlando Lee Rodriguez Back in the 1950’s, an influx of less educated residents began to overtake Harlem’s Ivy League
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LEASES
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NEW YORK David Levy Adams & Co. Real Estate recently brokered 11deals for a total of 8,960 s/f at 110 West 40th Street. David Levy, principal, and
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Sweet life on Atlantic Avenue
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Atlantic Avenue, Listen Missy!/Flickr By Liana Grey As Atlantic Avenue, one of Brooklyn’s hot new retail corridors, passes through Boerum Hill, immigrant
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Sumitomo Mitsui leases 6th Ave. headquarters
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Japanese financial services company Sumitomo Mitsui Trust Group has signed a lease for 45,838 s/f at 1251 Sixth Avenue. 1251 Avenue of the Americas Mitsui
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London consultants move to 250 W55th
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OC&C Strategy Consultants has inked a 13,203 s/f headquarters office lease at Boston Properties’ 250 West 55th Street. The commitment allows the London-based