Category : Featured

Cresa, North America’s largest firm exclusively representing tenants, announced today that it has formed a strategic partnership with SRS Real Estate Partners (SRS). The arrangement will allow Cresa to provide retail services to its office and industrial clients, and provide SRS’s retail clients with experience in the office and industrial sectors. “The alliance is an excellent fit, because both SRS Real Estate Partners and Cresa are built upon a platform that emphasizes ethics and integrity,” said Jim Leslie, CEO of Cresa.

Among the superhero clashes and camaraderie of Marvel’s The Avengers, which shattered box-office records when it opened this weekend, the movie features another strong personality (and accomplished movie star) often left in the background: midtown Manhattan. Stark Tower, the fictional creation of Tony Stark (also know as Iron Man, played in the movie by Robert Downey Jr.), looms above Grand Central, tapering slightly to a height of about 1,000 feet and topped with a specialized landing strip for Iron Man’s flying suit that also serves as a more conventional helicopter pad. The upper stories are Stark’s personal penthouse. “It’s clearly an office building that would attract high-end corporate users,” said Wes Rudes, senior vice president at the tenant representation firm Cresa. “It is, however, way too big a target for alien terrorists to command top rents.”

The drag club is moving from the East Village After 18 years of success in their current location in the East Village, the iconic Lucky … Continued

Pernod Ricard, the liquor giant, has signed a 82,300 s/f lease at 250 Park Avenue In a deal negotiated by teams from Cassidy Turley and CBRE, the company that delivers an array of premium beverages that range from Jameson Irish Whiskey to Glenlivet Single Malt, Perrier Jouet Champagnes to Jacob’s Creek wines, will occupy the 16th, 17th, 18th floors and a portion of the 20th floor. According to David Hoffman at Cassidy Turley who represented owner AEW Capital Management, Pernod Ricard was attracted to the LEED Gold certified building by its “unique amenities,” including a large terrace on the northern and southern wings of the 17th floor.

BY LIANA GREY $100 million has already been spent on the Domino site, says Katan. Developer Isaac Katan has filed a second lawsuit against the … Continued

Former Elad boss Miki Naftali has announced a new deal to build a Brooklyn apartment building. Naftali has formed a joint venture with AEW Capital Management to buy a 90,000 s/f development site in Brooklyn where he plans to build a luxury rental building. “316 Bergen Street will be one of the premier buildings in the neighborhood,” said Naftali, who left Elad earlier this month.

Marc Miller, Winoker Realty executive vice president, credits his artistic eye and sense of history with helping him match clients to their perfect office.