Category : Blog

Sheldon Solow’s latest black-clad building is racing toward completion on Manhattan’s east side, aiming to deliver resident-ready units and amenities by this fall. While the aesthetic and location of 685 First Avenue fit the long-time developer’s modus operandi, this is not a prototypical Solow Building Company project. It’s the first time the multifamily rental and …

After nearly two decades helping to grow Cushman & Wakefield’s retail business on a national and international scale, Gene Spiegelman joined Ripco Real Estate as a principal and vice chairman in June. It was a big move for a big figure in the New York City retail scene. “It was time this year for me …

  The Real Estate Lenders Association (RELA) announced incoming national chairman Michael Rogers, Director for MUFG Union Bank, with over 17 years of experience in real estate banking. Rogers has been an active New York City Chapter officer with the Real Estate Lenders Association since 2009, joining the National Board of Directors as a Board …

Pennsylvania-based architecture firm Richard Pedranti Architect is finishing up a Net Zero Energy home on the Jersey Shore. The Passive House design will save homeowners, a couple from Brooklyn, nearly 80 percent on heating and cooling costs thanks to the high levels of insulation, airtight construction, and triple-paned windows. Additionally, solar panels on the roof …

Tenants of at least 50 buildings in the trendiest neighborhoods of Manhattan, Brooklyn and Queens have lived rent-free for years and their landlords can’t do anything about it. Shielded by the Loft Law, a statute meant to protect at-risk renters from predatory landlords, well-heeled tenants have strong-armed owners into sales, buyouts and bankruptcies while their …

Houlihan-Parnes Realtors announced that Jeanne Cronin, senior director, closed a leasehold mortgage for $32.1 million. The loan was secured by a 15-story apartment building with ground floor retail and a 90-space parking garage located on the Upper East Side at First Avenue and 52nd Street. The non-recourse, interest-only loan was...

Engel & Völkers NYC announced that it has hired the Gavriani-Falcone Team. Led by veteran brokers Paul Gavriani and Vincent Falcone, the group will join the global brokerage firm at its Manhattan office.  

After 25 years working for other people, Carole Bloom decided to combine all of her skills and experience to form her own company. In May 2016, she created the Bloomstone Group, a real estate advisory firm that offers a range of services from marketing and branding, sales and leasing, to design consulting. More recently, Bloom …

Cushman & Wakefield today announced that the firm has arranged a 10-year, 16,113- s/f lease for entertainment company, Anonymous Content, at Vornado Realty Trust’s 155 Spring Street. Anonymous Content will occupy the entire 2nd and 3rd floors of the building. Cushman & Wakefield Director David Mainthow represented the tenant in...

The opening of the NetCost Market at 3100 Ocean Avenue has been a cause for celebration in Sheepshead Bay this summer, offering hard-to-find imported goods and fresh produce for the residents of this densely-populated neighborhood. The 35,000 s/f location, between Voorhies Avenue and Shore Parkway, also represents the fourth lease...