Category : Blog

CARA OLMSTED By Cara Olmsted, Director of Marketing and Business Development ConEdison Solutions One observation about the demand response (DR) market is that it is … Continued

Cassidy Turley negotiated a 33,000 s/f long term lease renewal on behalf of OFS Fitel at 19 Schoolhouse Road in Somerset, NJ. The Cassidy Turley team of Warren F. Searles, Jr. and Charles P. Parmelli, SIOR, CCIM, both principals at the firm, represented the tenant. The owner, The Hampshire Companies,...

Bulova Corporation has leased the entire 33,214 s/f 29th floor of the Empire State Building, announced Empire State Realty Trust, Inc. Bulova was founded in the late 1800s on Maiden Lane in lower Manhattan, which was then the nucleus of New York City’s jewelry industry. After relocating to Fifth Avenue in the early 20th century, the firm established a new headquarters in the Woodside section of Queens, where it has made its home since 1954.

JLL has completed three new, direct leases totaling 28,190 s/f for owner TIAA-CREF at 475 Fifth Avenue. Torchlight Investors LLC signed for 16,029 s/f, Square 1 Bank took 7,842 s/f and Daikin US Corp. leased 4,319 s/f at the 280,000 s/f, Class A commercial office building. TIAA-CREF was represented by...

GFI Insurance Brokerage, one of the nation’s fastest growing insurance firms, has opened a new office in Borough Park, Brooklyn. Brian Gross, CEO of GFI Insurance, said the new office will initially be staffed by 10 brokers with plans to expand tto serve the company’s growing client base. “GFI Capital’s...

New York City real estate brokerage Broadway Realty announced a strategic alliance with Singapore’s Zenith Realty Services, forming a conduit for Singaporean buyers seeking investment opportunities in NYC. “During last few years, we saw the ups and downs of the New York real estate market and buyers from many different countries come to us to buy,ˮ said Elliot Bogod, Broadway Realty founder. “Many are looking for commercial investments producing a yield of three to four percent or greater. In particular they are interested in buying retail condominiums with tenants, or mixed use properties in Manhattan."