Category : Blog

Blog

Stringer wants Battery cash to fund NYCHA repairs

REW Staff
Comptroller Scott M. Stringer called for the projected surpluses from the Battery Park City Authority (BPCA) to be directed specifically toward critically needed repairs at New York City Housing Authority properties. Based on projected revenue flows, the Comptroller’s office estimates that the BPCA will generate some $400 million in surplus...
Housing deal marks new chapter for Brooklyn libraries
Blog

Housing deal marks new chapter for Brooklyn libraries

REW Staff
Brooklyn Public Library (BPL) has unveiled plans for the new Brooklyn Heights Library, a project that also will generate more than $40 million in capital funding to repair other BPL branches with urgent capital needs, and create 114 units of affordable housing. The state-of-the-art, 21,000 s/f library — one of the largest in the BPL system — will be part of a mixed use building at 280 Cadman Plaza West to be developed by the Hudson Companies, Inc.
Blog

Rechler signs Hampton lease

REW Staff
Rechler Equity Partners announced that the first lease has been signed at The Hampton Business District, a multi-use business park and hotel in Westhampton Beach, NY. AC Lighting & Electric Supply, a full-service commercial and residential electrical and lighting supply company, is expanding its operations to a sixth Long Island...
Thornton Tomasetti mourning loss of former president Dan Cuoco
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Thornton Tomasetti mourning loss of former president Dan Cuoco

REW Staff
The managing principals, partners and staff of Thornton Tomasetti are mourning the loss of Dan Cuoco, the former president & CEO of the international engineering firm, who passed away on September 21. He was 68 years old. “Dan was a brilliant engineer and leader who made tremendous contributions to our...
Blog

Massey Knakal names new partners

REW Staff
Massey Knakal Realty Services announced that Neil Heilberg, Gia LaMarca, and Michael Wlody have been promoted to partner at the firm. Heilberg joined Massey Knakal in 2012 as chief operating officer. He is responsible for the day-to-day operations of the firm and has direct management responsibility for marketing, research, human...
Stonehenge donates retail space for fundraiser
Blog

Stonehenge donates retail space for fundraiser

REW Staff
Stonehenge Partners is donating its new glass retail property at 555 Sixth Avenue to a new cancer awareness cause. On Oct. 7 & 8, the space will be the venue for in launching ______:CANCER!SM . Two days of events will feature free fitness classes (donations will be accepted) taught by an all-star line-up...
Blog

Gawker leases 60,000 s/f at L&L’s 114 Fifth Avenue

REW Staff
With its leasing program in full-swing and its building-wide redevelopment program nearing completion, L&L Holding Company has signed another major media tenant at 114 Fifth Avenue. Gawker Media LLC, the prominent digital media company, has signed a 15-year 58,900 s/f leasing transaction for three full floors at the Midtown South...
Blog

Chetrit, Gluck buy $500M Upper East Side portfolio

REW Staff
Schneider & Schneider, Inc. announced that Yorkshire Towers and Lexington Towers, two Upper East Side residential buildings with a combined 861 rental units, have been sold by their ownership entities to a venture controlled by The Chetrit Group and Laurence Gluck. Daniel Geiger at Crain’s NY Business reported the sale...
Blog

Around Town: REBNY Course, HGAR Event

REW Staff
ISS Symposium Sept. 23-24: Inside Self-Storage (ISS) will present a two-day Self-Storage Owner/Investor Executive Symposium which will comprise an Owner/Operator Executive Conference on day one and a Developers Conference on day two. Designed to prepare industry professionals for success in the rapidly growing self-storage marketplace, the conferences will be held...
Website publisher inks 100,000 s/f lease
Blog

Website publisher inks 100,000 s/f lease

REW
By Holly Dutton A prominent website publishing platform is taking space in Hudson Square, relocating its company’s three offices to one headquartered space at Trinity Real Estate’s 225 Varick Street. Squarespace, which is used by hundreds of thousands of individuals and business owners to create personalized websites, is taking 100,000...