Category : Blog

Blog

Managers on move

REW Staff
Napier Park Global Capital, a $6 billion global alternative asset management firm, has moved into new headquarters at 280 Park Avenue. According to Michael Williams, chief operating officer of Napier Park, “The new space has been built out specifically to accommodate our needs as a growing business. The combination of...
Blog

53,000 s/f leased at 199 Water Street

REW Staff
Jack Resnick & Sons announced 53,000 s/f of new leasing activity at their flagship lower Manhattan property, One Seaport Plaza. The Center for Reproductive Rights, a nonprofit legal advocacy organization, has signed a 10-year, 36,985 s/f lease comprising the entire 22nd floor. The organization is currently located at 120 Wall...
Title co. getting bigger
Blog

Title co. getting bigger

REW Staff
Manhattan-based First Nationwide Title Agency (FNTA) is expanding both its New York City headquarters and its satellite offices on Long Island. The agency is expanding to 6,465 s/f at 220 East 42nd Street (aka the News Building), to occupy premises nearly twice the size of its existing office space. Move-in...
DeBlasio unveils new wave of projects to bolster Downtown Brooklyn growth
Blog

DeBlasio unveils new wave of projects to bolster Downtown Brooklyn growth

REW Staff
Mayor Bill de Blasio today announced a package of investments in Downtown Brooklyn that will ensure the district continues to grow. Ten years after the area’s major rezoning, the administration is seeking to knit together Downtown Brooklyn’s parks, commercial strips and institutions. Included in the package are redesigned streets, opening the ground floors of City-owned buildings to retail development, opening new parks and improving existing ones, and collaborating with the area’s 11 major education institutions to position Downtown Brooklyn as a national leader in technology.
CBRE pushing office layout to new frontiers
Blog

CBRE pushing office layout to new frontiers

REW Staff
By Dan Orlando “We are very much in the information business and the idea business. We feel that to generate information and to collaborate information you need an open environment,” said CBRE New Jersey’s senior managing director Jeff Hipschman. “In a more traditional environment, it’s work to have to collaborate.”...
Industry group that’s been quietly giving back for 60 years
Blog

Industry group that’s been quietly giving back for 60 years

REW Staff
Now in its diamond jubilee 60th year, The Realty Foundation of New York quietly but steadfastly continues to implement its core mission — aiding real estate professionals in need, financial distress and those who might be undergoing some form of personal hardship. More than ten years ago, we gave $10,000 to a broker who was faced with business reversals and was having difficulty making ends meet. Last week, that same broker called out of the blue to say he and his wife were eternally grateful for the funds that rescued him in a time of need, and he wanted to pay it back.
Blog

Brookfield taps CBRE to lease NJ corporate center

REW Staff
CBRE Group, Inc. has been selected to serve as the exclusive leasing agent and property manager of Morris Corporate Center 1&2, the Class-A office park located in Parsippany, N.J. CBRE has more than 10 years experience leasing and managing the property, which was recently acquired by a new owner, an...
Lennar opens new Weehawken condo
Blog

Lennar opens new Weehawken condo

REW Staff
Weehawken, NJ Mayor Richard F. Turner joined officials from the Township of Weehawken and Lennar, one of the nation’s largest home builders, on Tuesday ( July 15) to cut the ceremonial ribbon on the newest luxury condo building on the Hudson River waterfront: 1000 Avenue at Port Imperial. The new, 74-unit...
Preserving the past must be balanced with building for future
Blog

Preserving the past must be balanced with building for future

REW Staff
By Steven Spinola The issue of landmarking and its relationship with New York’s need for additional housing, especially affordable housing, is receiving a great deal of attention. REBNY’s recently released a report entitled Housing Production on NYC Landmarked Properties is an informative and important contribution to this crucial public policy...
Snapple moves operation to Rechler facility
Blog

Snapple moves operation to Rechler facility

REW Staff
Snapple, and its parent company Dr. Pepper, has teamed up with Rechler Equity Partners, the largest owner of commercial real estate on Long Island, as the popular beverage company moves its Long Island operations to 51,734 s/f at Rechler’s 2004 Orville Drive North in Bohemia, NY. The announcement was made...