Category : Blog

Boerum Hill building sells for $24M to Orange Management
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Boerum Hill building sells for $24M to Orange Management

REW Staff
A building in Boerum Hill owned by the New York Hotel Trades Council and Hotel Association of New York City Health Center, Inc. was purchased by Orange Management for $24 million, according to city records. Orange Management went into contract on the building in 2016, but the deal didn’t close until January 31 of this …
WHO’S NEWS: Commercial promotions and hires
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WHO’S NEWS: Commercial promotions and hires

REW Staff
The Hampshire Companies announced that its Founder and Chairman, Jon F. Hanson, has been named to the New Jersey Hall of Fame. Hanson, along with 15 fellow inductees, will be inducted into the Hall of Fame at a ceremony at the Historic Convention Hall in Asbury Park, NJ, on May 6, 2018. An industry veteran …
Emerald Creek kicks in $12M for Staten Island buy
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Emerald Creek kicks in $12M for Staten Island buy

REW Staff
The property is comprised of 24 two-bedroom residences, 16 one-bedroom residences, and three grade level commercial spaces.
Canadian firm buys 7-story NJ office complex
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Canadian firm buys 7-story NJ office complex

REW Staff
Toronto-based Northbridge Investment Management Inc. purchased the 264,000 s/f complex at 100 Enterprise Drive in Rockaway.
pinnacle awards
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pinnacle awards

REW Staff
Awards recognize premier buildings and people of New York’s commercial real estate industry
apartment sales
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apartment sales

REW Staff
Roundup of the week in apartment sales
Lawyers sign 130,000 s/f lease at One Vanderbilt
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Lawyers sign 130,000 s/f lease at One Vanderbilt

REW Staff
Greenberg Traurig, the largest law firm in the U.S., has signed a long-term lease to relocate the center of its New York operations to around 130,000 s/f at One Vanderbilt Avenue. SL Green Realty Corp. announced the deal for the 1,401 ft. skyline-shaping icon it is building at the doorstep to Grand Central Terminal. The …
ON THE SCENE: Ariel Property Advisors marketing Sunset Park commercial building, Liberty Property Trust buys industrial facility in NJ
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ON THE SCENE: Ariel Property Advisors marketing Sunset Park commercial building, Liberty Property Trust buys industrial facility in NJ

REW Staff
AGENTS Ariel Property Advisors has been exclusively retained to sell 4101 8th Avenue, a commercial building at the center of Brooklyn’s Sunset Park neighborhood. The asking price for the 5-story property is $8.5 million. Spanning 19,200 S/F, this elevatored office building is located on the southeast corner of 8th Avenue and 41st Street. The first …