Jobs boom pushes Manhattan office rents north
Borough’s average asking rent average reaches $77.82 psf, up 4.9 percent on this time last year.
Tag : JLL
Kaplan International joins corporate roster at 5 Columbus Circle property
Education and career services provider Kaplan International North America, Inc., ahas leased 25,000 s/f at 5 Columbus Circle. 1790 Broadway Associates LLC, the New York City-based owner of the loft-style office property located between 57th and 58th streets made the announcement. Known for offering preparation for more than 90 standardized...
SELLING POINTS: Hudson brings 22,800 s/f Coney Island retail building to market
● ROSEWOOD REALTY GROUP Stellar closes on $76M sale that re-regulates Bronx apartments Stellar Management announced it has completed the sale of 1133 Ogden Avenue, also known as Highbridge House, a residential Bronx building for $76,250,000 to Camber Property Group and Belveron Partners. Aaron Jungreis of Rosewood Realty Group brokered the...
JLL to use Google Cloud for new AI app
JLL has introduced JiLL, an AI-powered, conversational smartphone app that can help employees streamline their work and be more productive. Users can use voice or text to converse with the app and simplify time-consuming daily tasks such as setting up meetings, locating colleagues, looking up lunch menus or shuttle schedules,...
JLL scores $43M to refinance soccer league headquarters
JLL Capital Markets experts have arranged a $43 million loan on behalf of Witkoff Group to refinance two office condominiums serving as the New York headquarters of Major League Soccer (MLS). Deutsche Bank was the lender on the transaction. Aaron Appel, Keith Kurland, and Jonathan Schwartz, Vice Chairmen; Adam Schwartz,...
JLL taps Wells Fargo for $75M for Moinian asset
JLL Capital Markets experts have arranged a $75 million loan on behalf of the Moinian Group to refinance 450-460 Park Avenue South. The group worked on behalf of Moinian Group to place the 10-year Commercial Mortgage Backed Securities refinancing loan with Wells Fargo. Aaron Appel, Vice Chairman; Kellogg Gaines, Managing...
Griffin taps JLL for Independence gig
JLL was selected by Griffin Capital Essential Asset REIT II as exclusive leasing agent for 30 Independence Boulevard in Warren, NJ. The firm will provide marketing and leasing services for the Class A, 213,257 s/f office building. The JLL professionals overseeing the new leasing assignment include Timothy Greiner, executive managing...
JLL inks 100,000 s/f Long Island warehouse deal
JLL has completed a new transaction for One Stop Properties, a Long Island City-based real estate development company, at 225 Underhill Boulevard in Syosset, N.Y. The company, which specializes in flexible warehouse, office and land rentals throughout the Tri-State area, committed to a long-term lease for the entire 103,000 s/f...
JLL brokers 19,000 s/f sublease for bank at 1 Rockefeller Plaza
JLL has completed a new sublease on behalf of Quontic Bank at 1 Rockefeller Plaza in New York for 19,799 square feet of office space with sublandlord Trammo. The Class A, 608,397 s/f office building is owned by Tishman Speyer. The subtenant, Quontic Bank, was represented by Alexander Chudnoff, Vice...
SELLING POINTS: Avison Young marketing $100M portfolio
● COMPASS Polsinellis’ royal appointment Adelaide Polsinelli, vice chair of Compass and the newly launched investment sales division, along with Trystan Polsinelli, have been hired to exclusively market The Royal Court, at 258 West 97th Street. The building is located right off the corner of Broadway and one block from the...