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Category : Blog
Advocating for our community amid COVID-19 crisis
Landlord group believes that virtual business is critical to keeping crucial parts of New York’s economy moving,
RXR seeking partner for historic waterfront transformation
RXR Realty is looking for a partner who’ll get on board with a massive effor to restore the legendary ocean liner, the SS United States. RXR, in partnership with the SS United States Conservancy, plans to restore and redevelop the iconic ocean liner. With its maiden voyage in 1952, the...
Worldʼs Fair model gets glass overhaul
Crystal Window & Door Systems donated glass materials and coordinated the renovation of the historic Panorama of the City of New York glass walkway at the Queens Museum in Flushing Meadow Park. The Museum’s glass walkway, renamed “Crystal Walkway”, was officially opened by the institution’s Board of Trustees and other...
Vocon drives campaign to turn old auto dealership into modern office HQ
Vocon has completed the design of Process Technology’s new headquarters. The 23,500 s/f project is located in Willoughby, Ohio and accommodates the thermal solution company’s need for a modern space and the founder’s commitment to incorporate operational transparency. The project transformed a property that was originally an auto dealership facility....
Cuomo pushes high speed rail line for New Yorkʼs Empire corridor
A group of experts are set to re-examine and rethink strategies to bring high-speed rail to New York. Governor Andrew M. Cuomo in his 2020 State of the State agenda that he will task a panel of engineers to re-examine past high-speed rail plans, question and rethink every assumption and...
CODE BREAKERS: Owners fined for facade violations
The most recent DOB enforcement bulletin reveals a flurry of near misses as broken bricks fell from city buildings
Manhattanʼs rising rents lift Queens to new heights
By Linda O’Flanagan Nervous luxury buyers have given Manhattanʼs rental market a shot in the arm. November reports show the boroughʼs median rents reached a record high of $3,600 — a spike of 8.5 percent on this time last year. According to the Manhattan Rental Market Report from Douglas Elliman,...
ON THE SCENE: Avison Young marketing long-term, triple-net ground lease
AGENTS The Tri-State Investment Sales Group of Avison Young is marketing a long-term, triple-net ground lease opportunity at 403 East 65th Street on the Upper East Side of Manhattan. A team led by Principal Vincent Carrega and including James Nelson, Neil Helman, Charles Kingsley and Daniel Tropp, is marketing the property. The group is seeking a developer or...
ʻNecessity retailʼ getting run for its money
JLL arranged a $32 million refinancing for Veterans Square Town Center, a fully leased, 136,928 s/f, grocery-anchored retail center in the Northern New Jersey community of Lyndhurst. JLL worked on behalf of the borrower, The Hampshire Companies, to secure the 10-year, fixed-rate, non-recourse loan through PGIM Real Estate Finance. Loan...