Category : Blog

Blog

Charter school leases 45,000 s/f at new Brooklyn development

REW
by REW1899
The Moinian Group and Bushburg Properties announced that the company has leased a total of 45,000 s/f to Friends of Ascend Charter Schools to serve as the home for Lefferts Gardens Ascend Lower School. The Brooklyn-based charter school network, currently serving 5,500 K-12 students across 15 schools in Brooklyn, will...
Blog

Billionaire pays $564M for Sothebyʼs building

REW
by REW2880
By Linda O’Flanagan The new owner of Sotheby’s has taken ownership of its New York City auction house. City records show Patrick Drahi’s BidFair USA paid $564 million in transfer tax on 1334 York Avenue, the full-block building between East 71st and 72nd Streets Soetheby’s calls home. The 10-story, 489,513...
LinkedIn taps AY to manage Empire State Building expansion
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LinkedIn taps AY to manage Empire State Building expansion

REW
by REW7201
Avison Young’s New York Project Management Division has been selected by LinkedIn to oversee improvements across its New York City headquarters at the Empire State Building, a massive space consisting of more than 500,000 s/f across 11 floors at the iconic Midtown Manhattan office tower. Avison Young Principal Kirsten Beck...
Preventing package pile-ups: Thanks to e-commerce explosion, it’s not just the doorman’s job, anymore
Blog

Preventing package pile-ups: Thanks to e-commerce explosion, it’s not just the doorman’s job, anymore

Sabina Mollot
by Sabina Mollot2183
With the steady rise in e-commerce, building owners and managers have found themselves providing a new amenity purely out of necessity — and that would be controlling the tide of cardboard box-encased products that make their way to their properties each day. While at one time this was a relatively...
Blog

Marx making a Grand statement with luxury penthouse offices

REW
by REW1212
Marx Realty (MNPP) announced it will transform the top five floors at its 10 Grand Central office tower into a suite of penthouse offices. Dubbed The Penthouse Collection, the offices can be configured as 5,000 s/f single-floor leases or combined into a 10,000 s/f duplex space or a 15,000 s/f...
Brookfield unveils $400M makeover for 666 Fifth
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Brookfield unveils $400M makeover for 666 Fifth

REW
by REW1387
The company has retained Kohn Pedersen Fox Associates (KPF) to lead a $400 million overhaul that will rebrand and rename the building
Medical publisher leases 57,000 s/f building
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Medical publisher leases 57,000 s/f building

REW
by REW1048
BEB Capital has leased the entire 57,000 s/f industrial building at 55 Harbor Park Drive in Port Washington to The Mekkatti Group, which designs and prints pharmaceutical and cosmetic packaging and the miniature folded leaflets that provide product information. Under terms of a 10-year-lease, The Mekkatti Group is relocating from...
Blog

Skanska shows off the technology itʼs using to build a better world

REW
by REW2826
Skanska recently hosted Con-Tech in Context, a construction technology open house showcasing emerging technologies that the company is using to improve project delivery on sites across New York and nationwide. The event featured interactive stations where more than 100 attendees were able to experience and interact with virtual environments and...
WHO’S NEWS
Blog

WHO’S NEWS

REW
by REW2443
Kassin Sabbagh Realty (KSR) announced that Ronnie Shaban has joined the company as a managing director. The veteran dealmaker will be focusing in acquisition and dispositions of investment real estate and retail and office leasing in the NYC metropolitan area. Previously Shaban was a senior director at Besen & Associates, where he worked...