Category : Featured

Deals & DealmakersFeatured

Commercial real estate gets a status update

REW Staff
by REW Staff957
By Roland LiWhen Dan Slaven was pursuing real estate deals for his company, Silverado Interests, he found himself unsatisfied with existing networking tools. Slaven, who is based in Texas, sought to create a network for all commercial real estate professionals and improve efficiency. “The idea is, create deal flow, building up network opportunities to see deals at all stages,” he said.
Deals & DealmakersFeatured

Forex Capital takes 55 Water Street sublease

REW Staff
by REW Staff1047
By Daniel GeigerForex Capital Markets, a currency brokerage, has signed a deal for the entire 50th floor of 55 Water Street. The company will be subleasing the space from the commercial printing company RR Donnelley, which inherited the floor last year when it purchased Bowne & Company, a marketing and business communications firm, which it has relocated into its existing offices in the city. Donnelley has space both in midtown and Lower Manhattan, at 99 Park Avenue and 75 Park Place.
Deals & DealmakersFeatured

Clarion Partners sells 200 West End Avenue retail condo for $30 million

REW Staff
by REW Staff1072
By Daniel GeigerClarion Partners has sold a retail condo at 200 West End Avenue for roughly $30 million, according to sources. The Klein Group, a New Jersey based real estate investment company, purchased the roughly 25,000 s/f space, which is anchored by a CVS drug store. The firm owns a number of retail properties in New Jersey and one other location in Manhattan, 111 Fulton Street.
Deals & DealmakersFeatured

ERG’s Richard Guarino sees an uptick and new frontiers

REW Staff
by REW Staff956
By Roland LiFor Richard Guarino of ERG Property Advisors, brokerage is a family affair. In 2009, he founded the company with his older brother, Jim, along with Matthew Sparks and James Kinsey. Guarino’s younger brother, Michael, and father are also experienced brokers in the business. Guarino, a managing director who works in investment sales, is seeing an uptick in activity, particularly in multifamily sales.
FeaturedResidential

BLVD steps into Harlem spotlight

REW Staff
by REW Staff947
By Liana Grey Five years ago, Vie Wilson, a senior vice president at Corcoran, helped a restaurateur close on a luxury condo east of Morningside Park. The buyer and her husband owned several lounges downtown, including Bar Twelve in Murray Hill and Tonic Bar in Times Square. “I told her she should open a restaurant in Harlem,” said Wilson, a longtime resident of the neighborhood and a top producer at Corcoran.  Sure enough, several weeks ago, Harlem Tavern opened on the corner of 116th Street and Frederick Douglass Boulevard
Deals & DealmakersFeatured

Cheese shop spreading out across NYC

REW Staff
by REW Staff991
By Linda O'FlanaganBranded Concept Development (BCD), a real estate design and construction services company for developing restaurant and retail concepts, is on the hunt for good grilled cheese spots. The company has launched a roll out for chef Kary Sparks’ new Melt Shop Grilled Cheese chain. Andrew Moger, CEO and president of BCD, said the goal is to open up to a dozen new locations throughout Manhattan over the next three years.
Deals & DealmakersFeaturedHeadline

Luxury bag retailer to open second NYC store

REW Staff
by REW Staff759
Tony handbag retailer Ghurka which already has an outlet at The Plaza Retail Collection is opening a second Manhattan store at the Sherry Netherland Hotel. Robert K. Futterman & Associates arranged the long-term, 1,140 s/f lease for Ghurka at 781 Fifth Ave. The Ghurka flagship will occupy 915 s/f on the ground-floor and 225 s/f in the basement at its new Fifth Avenue space.