Category : Blog

New Development: 30 Warren tops out
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New Development: 30 Warren tops out

REW Staff
● CAPE ADVISORS Tribeca boutique tops out 30 Warren has officially topped out and reached its full height of 12 stories. The Tribeca building is the first U.S. project by the French firm Post-Office Architectes, who come from the Jean Nouvel family tree. Developed by Cape Advisors, 30 Warren has a custom-crafted architectural concrete facade …
Laundry leader leaving New York for Jersey
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Laundry leader leaving New York for Jersey

REW Staff
NAI James E. Hanson brokered a lease for 40,000 s/f of industrial space to Handy Laundry at 50 Spring Street in Ramsey, NJ. Kenneth Lundberg, Gary Sauerborn and Patrick Lennon represented the landlord, Yankee Partners. The building is managed by John Landers and Karen Vincentz. Handy Laundry is a manufacturer and distributor of laundry bags, …
ON THE SCENE: C&W tapped for $6.8M Flushing condo, Cignature closes $6M Manhattan building
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ON THE SCENE: C&W tapped for $6.8M Flushing condo, Cignature closes $6M Manhattan building

REW Staff
AGENTS A team from CBRE and Pantheon Properties, on behalf of AEW & MRP Realty, is marketing the vacant, recently renovated 120,000 s/f single-story industrial building at 1300 Viele Avenue & 1301 Ryawa Avenue in the Hunts Point section of the Bronx. John Reinertsen of CBRE has teamed up with Gary Capetta and Matt Corpuel …
Boogie Down Bronx beats Millionaires Row
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Boogie Down Bronx beats Millionaires Row

REW Staff
The Bronx has beaten Millionaires Row in the New York City housing stakes this quarter. According to the first quarter market report from REBNY, the neighborhood ranked among the poorest in the US saw an eight percent increase in home sales and a seven percent hike in the value of one-to-three family homes. Meanwhile, a …
Coney Island boardwalk landmarked
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Coney Island boardwalk landmarked

REW Staff
The New York City Landmarks Preservation Commission (LPC) has designated the Coney Island Boardwalk in Brooklyn a Scenic Landmark in recognition of its cultural and historical significance. Since opening on May 15, 1923, the Coney Island Boardwalk has been one of the best-known waterfront promenades in the world, providing access to the beach, amusements, and …
Landlords cut concessions in tight rental market
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Landlords cut concessions in tight rental market

REW Staff
City landlords got stingy with concessions as rents edged up in the first quarter, accroding to the Citi Habitats Rental Market Analysis for April 2018.
Colliers brokers win Long Islandʼs Ingenious award
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Colliers brokers win Long Islandʼs Ingenious award

REW Staff
The Association for a Better Long Island (ABLI) and the Commercial Industrial Brokers Society (CIBS) their Most Ingenious Deal of the Year Award to a team of brokers at Colliers International. Gus Nuzzolese, Darren Leiderman, Jason Maietta and Ken Enos, all of Colliers International Long Island, won for their handling of the sale of the …
Oslo Coffee Roasters; Joe & The Juice continue New York expansions
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Oslo Coffee Roasters; Joe & The Juice continue New York expansions

REW Staff
Oslo Coffee Roasters, an artisanal Williamsburg café and roaster, will open its fourth location in a 400 s/f space at 236 West 10th Street. The Famularo Team at Eastern Consolidated negotiated the 10-year lease on behalf of the landlord. James Famularo and Clayton Traynham also represented the tenant. The storefront is located at the base …
TRANSACTIONS: Emerald Creek arranges Gowanus construction loan; Brick Capital funds UES mortgage;
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TRANSACTIONS: Emerald Creek arranges Gowanus construction loan; Brick Capital funds UES mortgage;

REW Staff
Brick Capital Partners LLC, announced the following transactions: • Through an affiliate entity, Brick provided a second mortgage in the amount of $4,000,000 to a private real estate owner. Located in the Upper East Side of Manhattan, the collateral is comprised of an 8-story elevator apartment building with 54 units. The loan is interest only …