Category : Blog

Uber just unveiled six designs for uberAIR Skyports. The conceptual designs mark the first steps from industrial leaders to create infrastructure for high-volume operations of uberAIR networks in and around cities. The six concepts selected from hunreds of submissions show a high degree of realism and technical feasibility, according to Uber. Finalists include: Gannett Fleming, …

SL Green is selling the fee interest of 635 Madison Avenue for $151 million and will be buying the leasehold interest of 2 Herald Square. The largest office landlord in the city submitted the highest bid on 2 Herald Square during its foreclosure. Situated at the corner of Sixth Avenue,...

● CBRE NJ strip mall fetches $53M Festival Plaza, a redeveloped strip mall in Edison, NJ, anchored by Asian grocer, H Mart, has been sold for $53 million. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners represented the owner, Edison I, LLC, in the sale. The team was also responsible for …

●NEWMARK KNIGHT FRANK Imagine Swimming on West End Ave. Stellar Management announced that Imagine Swimming has signed a 7,000 s/f, 10-year lease at The Paris New York, at 752 West End Avenue. This will be Imagine’s second time partnering with Stellar, having opened its first Flagship location in 2010 at Independence Plaza in TriBeCa. Spread …

Retail’s long and slow recovery, already a laggard compared to other CRE segments, is sputtering to a halt, according to a new report from online experts at Ten-X Commercial. The transaction platform just released its new U.S. Retail Market Outlook which claims the term retail apocalypse is no exaggeration. “In terms of brick-and-mortar stores and …

Contractors hired to build Steinway Tower, the American Copper Building and several other high-profile Manhattan projects have been indicted for theft and fraud. Manhattan District Attorney Cyrus Vance Jr. has accused the owners of Parkside Construction, brothers Francesco, 39, and Salvatore Pugliese, 46, and their associates of bilking their employees of more than $1.7 million …

Ted Stratigos, Principal and Managing Director of the Long Island office for Avison Young, announced that the firm arranged a 15-year, 40,000 s/f lease at 576 Broad Hollow Road in Melville for Professional Physical Therapy (Professional), a private outpatient provider of physical and hand therapy and rehabilitation services in the Northeast. The company will occupy …

From its own craft beer to a home-grown hockey team, Sin City is embracing its own identity - and liking what it sees

Chess Max Academy, the Upper East Side chess school owned and operated by chess Grandmaster Maxim Dlugy, has signed a lease to relocate the academy. It will move from a townhouse space at 423 East 81st Street to an 1,100 s/f storefront at 1470 First Avenue, between East 76th and East 77th Streets. Expected to …

Rockefeller Group announced that Blank Rome has leased 138,000 s/f in 1271 Avenue of the Americas, the 48-story skyscraper built in the modern expansion of Rockefeller Center to the west side of Sixth Avenue. Blank Rome will occupy floors 15 through 17, as well as part of the 14th floor, with possession in the fourth …