Manhattes Group has sushi role
The Manhattes Group has secured a retail lease for Boom Sushi, a new quick-service made-to-order sushi concept at 141 8th Avenue in Chelsea. The landlord … Continued
Category : Blog
Stonehenge draws bank to 9th Ave.
Stonehenge Partners has signed a long-term lease with Wells Fargo for a 1,375 s/f space at 120 Ninth Avenue. 120 9th Avenue Wells Fargo will … Continued
Brokers heading back to school
Fall semester registration has opened for the Schack Institute of Real Estate’s more than 500 non-credit courses, certificates, and programs in real estate, architecture, engineering, … Continued
Veteran residential broker right at home at Marketing Directors
For Martin (Marty) Brady, executive vice president of sales and leasing at The Marketing Directors, residential real estate is a true passion – one that started soon after graduating from St. John’s University with a degree in marketing. While he tried his hand in consumer marketing at Armour Dial Inc.,...
Report: Increasing number of homeowners turning on to off-grid living
By Melissa Mitas, PropertyAuction.com Consumer Reports recently listed energy efficiency as one of the Top Five current real estate trends. While some homeowners are going gung ho for solar panels and ENERGY STAR products, others are taking the sustainable lifestyle to a whole new level by living off the grid....
The Durst Organization and The Port Authority of NY & NJ sign lease with Cushman & Wakefield at One World Trade Center
The Durst Organization has signed Cushman & Wakefield to a ten-year, 10,222-square-foot lease on the 45th floor of One World Trade Center. The space will serve as the company’s Downtown headquarters. Cushman & Wakefield — whose world headquarters is situated in Manhattan at 1290 Avenue of the Americas — assumed...
Retail changing along 23rd Street
By Holly Dutton The retail renaissance of the Flatiron District is not news to anyone who has been to the area recently, but the specific stretch of 23rd Street between 5th and 6th Avenues has been especially changing in recent months. Longtime major tenants like Home Depot at 40 W....
Brokerage finding success with health program
GFI Capital Resources Group knows a thing or two about investing in commercial real estate. The company has been active in the business for over 30 years. But this summer, GFI shifted its focus to another asset: its employees. Last Month, GFI unveiled “The Corporate Wellness Initiative,” which offers employees...
Brokerage firm reports record revenue in first half of 2014
Cushman & Wakefield reported gross revenue increased 23.7 percent to $1,279.0 million for the six months ended June 30, 2014, compared with $1,033.9 million for the prior year period. Adjusted income attributable to owners of the parent improved $14.1 million to $2.3 million, compared with a loss for the prior...
Carlton raises $240M for planned tower
Carlton Chairman Howard L. Michaels announced the closing of a $240 million multi-tranched equity and debt capital stack to facilitate Michael Shvo, Davide Bizzi and Howard Lorber’s acquisition of 125 Greenwich Street in Manhattan’s Financial District. This execution by Carlton included the coordination of six different capital sources in order...