Category : Blog

Eight tenants committed to three of Skyline Developers’ Midtown properties recently inking more than 44,000 square feet in leases amid tightening availability in Manhattan’s Plaza District. Newmark Grubb Knight Frank (NGKF) exclusively represented Skyline in all the transactions, which included six new leases and two renewals. “The brisk activity that Skyline experienced at its Class A properties is a microcosm of what is happening in the entire Midtown office market, especially at top-rate properties, following a quiet first quarter,” said NGKF's Billy Cohen.

Residential brokerage firm, Modern Spaces,  will open its sixth New York-area office – and its second in Astoria – at 34-16 30th Avenue this October. The 2,000 s/f office will  house 25 agents and it has an outdoor garden space which will be used for hosting events. Much like the...

Vision Real Estate Partners (VREP) has brought bike sharing to the suburbs at its Crossings at Jefferson Park, located in the Whippany section of Hanover Township. The company this month introduced an onsite B-cycle station, from which employees of tenants at the 525,000 s/f office campus can rent bicycles by...

Massey Knakal Realty Services has been retained on an exclusive basis to sell “The Kestrel”, a luxury rental building at 33 Caton Place. The property is located between Ocean Parkway and East 8th Street in Brooklyn’s Windsor Terrace neighborhood. The asking price is $90,000,000. The newly-developed, eight-story building contains approximately...

● THOR EQUITIES Thor venture makes $40M apartment buy In their second residential joint venture partnership, Thor Equities and GreenOak have purchased a pre-war rental apartment building at 150 West 82nd Street for $41.5 million from Maurice Mann of Mann Realty Associates. Built in 1926, the ten-story property is located...

Boston Properties announced that it has entered into a purchase and sale agreement to sell a 45 percent interest in each of 601 Lexington Avenue in New York City, and Atlantic Wharf Office Building and 100 Federal Street in Boston to affiliates of Norges Bank Investment Management for $1.5 billion....