Category : Blog

American Development Group, LLC (ADG) has announced that Mozarts and Einsteins, a preschool of integrated arts and academics, has signed a new 10-year lease for 6,200 s/f of ground floor retail space at Park Union, the conversion of a historic, pre-war building into a luxury condominium development in Park Slope, Brooklyn. Steve Sunderland of Optimal Spaces served as the tenant’s broker for this transaction. The developer represented itself in the lease deal.

75 Rockefeller Plaza By Orlando Lee Rodriguez Cushman & Wakefield announced on Thursday that investment and operating company RXR Realty entered into a 99-year lease … Continued

Fifth Avenue is a name known to shoppers around the world, but the avenue is longer than the 11-block stretch between 49th and 60th street where luxury retailers have traditionally forked over sky-high rents for avenue frontage. And, according to retail experts, there are signs that retailers seeking the cache of the famous thoroughfare will be looking further south in 2013. “Today people — and particularly tourists — begin on 14th Street and they walk all the way to 60th,” said C&W’s Joanne Podell, who predicts retail growth extending all the way down Fifth Avenue to Union Square.

The Moinian Group today announced the selection of Avison Young as the exclusive office leasing agent for 3 Hudson Boulevard, a new 1.8 million-square-foot, state-of-the-art building that will be developed in the Hudson Yards district. The 65-story tower, designed by FXFOWLE, is situated at the intersection of West 34th Street and 11th Avenue, directly across …

1 WTC The Durst Organization and Cushman & Wakefield have published a new 48-page brochure to underscore to perspective tenants that One World Trade Center … Continued

When the Elizabeth Foundation for the Arts found itself in need of an infusion of cash, Winoker Realty’s Jonata Dayan helped the organization pursue an unusual alternative to selling the building it owned on 39th Street — divide the building into condos, and sell half of them. “They were able to create four block and lot numbers, and sold out two of the office lots and kept the retail space as income for the foundation,” she said. AS head of Winoker’s commercial condo and co-op division the ex-fashion executive says she thinks like her tenants because she used to be one of them. “Their requirements are different, their mentality is different, their clock is different. Their business model is not as stable as a law firm. They kind of grow and shrink.”

By Orlando Lee Rodriguez A proposal by the New York Cosmos, the city’s legendary team from the 1970’s, for a brand-new 25,000 seat soccer stadium … Continued

Transwestern’s New Jersey office today announced that the firm has been named the exclusive leasing agent for , a 164,000 s/f building on 11.28 acres. … Continued

Mary Ann Tighe By Sarah Trefethen City policy is often more complicated than it seems. Take bike lanes. New York City’s cycling corridors might not … Continued

By Sarah Trefethen Manhattan’s office tenants paid top dollar for lease renewals in 2012, according to analysts at CBRE. PETER TURCHIN All 10 of last … Continued