Category : Blog

CBRE announced that Ben Friedland, a 19-year veteran of the firm, and Sacha Zarba, with 18 years at the company, have been promoted to Vice Chairmen. Both have been consistently recognized as top producers globally within CBRE. Mr. Friedland has built a highly successful practice focused on advising private equity firms, hedge funds and other …

Tall Buildings Panel July 24: A panel discussion will take place at The Skyscraper Museum beginning at 6.30 p.m.. The panel will consider the big architectural moves that mark some of the newest tall buildings. Speakers include John Cetra, FAIA, Founding Principal, CetraRuddy; Paul J. Proulx, Partner, Carter Ledyard & Milburn LLP; John Pierce, Senior …

LCS, the nation’s third largest senior housing operator, today announced the closing of the organization’s $300 million equity senior housing programmatic joint venture. LCS Real Estate will serve as sponsor of the joint venture (JV) and will partner with a large institutional investor to execute on the investment platform. Life Care Services will provide management …

The Westchester County Industrial Development Agency (IDA) has approved financial incentives for two mixed-use residential developments in White Plains and Pelham. The two developments represent a private investment of $164.2 million and will create an estimated 394 construction jobs and 117 permanent jobs for the local economy. Resolutions of intent to provide financial incentives were …

Cushman & Wakefield today announced that the real estate services firm has secured two leases at 575 Fifth Avenue in Midtown Manhattan on behalf of the landlord, Beacon Capital Partners & MetLife Investment Management. The two leases are located on the 20th floor of the building, and provide the tenants with brand new, pre-built office …

Two construction company executives allegedly stole millions of dollars in public works contracts by stealing the identity of two minority-owned businesses. Both were indicted by the state Attorney General's office.

Dr. Martens, the British footwear and clothing brand, is coming to the Plaza District’s 57th Street corridor. The company has leased 3,600 s/f of ground floor and mezzanine space for a new store at Charles. S. Cohen’s Tower 57, the distinctive 32-story office building at 135 East 57th Street. The store, which will be located next …

Avison Young will use the proceeds to invest in acquisitions and the recruitment of key professionals,

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 arranged for the chain by Jason Gerbsman, Managing …

Where there’s smoke there isn’t always fire but, in this case, there’s definitely ICE. A Buffalo-based non-profit has dragged three prominent New York developers into the national debate over immigration by highlighting their financial ties to both the governor’s office and the Immigration and Customs Enforcement agency, also known as ICE, or other border agencies. …