C&W Arranges 175K SF of Leases at 277 Park Avenue New York & Tri-State + Midtown New York + Office | March 18, 2024 Law Firm Office-Leasing Hits Milestone in ’23 New York & Tri-State + New York + Office | March 18, 2024 Manhattan, BK Rents Hit Records High in Feb New York & Tri-State + Outer + Apartments | March 18, 2024 FEATURED STORY New York & Tri-State CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More New York & Tri-State Stories More Stories Connect CRE & Industry Events Load MoreMore Events Apartment buildings for saleCheck out the latest properties available on apartmentbuildings.comMorningside Bay ApartmentsMiami, FLFlorida & Gulf Coast + ApartmentsListing Status:AvailableListing Type:Highest & best offerPrice:$7,560,000No. of Units:24Cap Rate:0.63GRM/GIM:18.92Average Occupancy:100Year Built:1974Building Size:20965 Sq ftLot Size:0.44 AcresNo. of Stories:7Zoning Code:T4-0No. of Parking Spots:30Opportunity Zone:NoPrice per unit:$315,000Learn MoreBeachwood ApartmentsHuntington Beach, CACalifornia & West + ApartmentsListing Status:AvailableListing Type:Call for offersPrice:$8,990,000No. of Units:18Average Occupancy:3.37Lot Size:17625 AcresOpportunity Zone:NoPrice per unit:$499,444Learn More928 28th AvenuePhenix City, ALAtlanta & Southeast + ApartmentsListing Status:AvailableListing Type:Call for offersPrice:$3,600,000No. of Units:56Year Built:2004Lot Size:0.33999081726354 AcresOpportunity Zone:NoPrice per unit:$64,285Learn MoreView all apartments Hone your competitive edge today with Connect Classroom, an accredited online Continuing Education provider offering CRE focused courses you can take on demand. Earn the credit you need with engaging, thoughtfully designed courses for commercial real estate brokers, appraisers, lenders, architects, and lawyers from a news source you already know and trust. Courses available now Explore courses Continuing Education Architect Courses We work with the industry's leading subject matter experts to create quality architect CEU courses from the ground up. Continuing Education Attorney Courses We provide quality CLE that is both easy and convenient to complete, backed with the best customer experience possible. Continuing Education Broker Courses Whether you’re starting a new career or skilling up, we have certified online courses for Real Estate Agents and Brokers. Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Downtown New York Stories Essex Crossing Launches Prebuilt Office Spaces in LES New York & Tri-State + Downtown New York + Office | March 13, 2024 Delancey Street Associates has launched select prebuilt office spaces and an amenity center at Essex Crossing’s commercial space at 145 Delancey Street in Lower East Side, designed by global architecture and design firm M Moser Associates. The 21,000 square feet of prebuilt offices on the third floor, along with 7,000 square feet on the … Meridian Arranges Asian Fusion Lease in East Village New York & Tri-State + Downtown New York + Hospitality | March 12, 2024 Win Son, a Taiwanese American fusion restaurant, has secured a long-term lease in East Village. The 3,100 square foot space at 23 Second Avenue will serve as Win Son’s first Manhattan location after Williamsburg. James Famularo of Meridian Retail Leasing arranged the lease. With an asking monthly rent of $27,500, the ground floor space has … Latest Fairfield/Westchester Stories SightMD Inks 9K-SF Medical Leases in Yonkers New York & Tri-State + Fairfield/Westchester + Healthcare | March 7, 2024 Simone Development Companies has secured its first medical lease following the recent acquisition of One Executive Boulevard in Yonkers. SightMD, an integrated ophthalmic provider group, has leased 9,409 square feet of space at the property. With 40 locations across Nassau and Suffolk Counties, Manhattan, Queens, and Westchester, SightMD offers eye care services. The transaction … Moda Foods Inks 22K-SF in Fairfield New York & Tri-State + Fairfield/Westchester + Industrial | February 22, 2024 Moda Foods has arranged a long-term, 22,523-square-foot lease at 123 Lehigh Drive in Fairfield, CT., With this lease, total occupancy at 123 Lehigh Drive reaches 100%. The building features 24’ clear heights, two dock doors, recently repaved and restriped parking, and new LED lighting throughout. Cushman & Wakefield’s Bill Waxman, Morgan Nitti, Jeff Volpi, … Connect TeamJohn HalloranVice President of Creative & MarketingDennis KaiserVice President, Public Relations & CommunicationsJosh OrensteinVice President, News & MediaView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Minority SplitGender SplitLearn More Latest Long Island Stories SPORTIME to Open 30K-SF Pickleball Facility in Long Island New York & Tri-State + Long Island + Hospitality | February 29, 2024 SPORTIME Pickleball has leased a new pickleball facility in Westbury, New York. Set to open in Fall 2024, the complex will boast thirteen new courts within a 30,000-square-foot facility. The venue is situated on 1.6 acres near Roosevelt Field Shopping Mall and Eisenhower Park. Hornig Capital Partners and SPORTIME Clubs, having recently launched the largest … RIPCO Markets Sale of Freeport Mixed-Use Collection New York & Tri-State + Long Island + Apartments | February 12, 2024 RIPCO Real Estate has unveiled the listing of The Nautical Mile Collection in Freeport, New York. Priced at approximately $6.8 million, the collection encompasses six properties along Woodcleft Avenue, including waterfront establishments and retail spaces. Managed by Gro-Grove Realty Group, the combined square footage totals 20,512, occupying a vast 65,400-square-foot lot, the assemblage also … Latest Midtown New York Stories C&W Arranges 175K SF of Leases at 277 Park Avenue New York & Tri-State + Midtown New York + Office | March 18, 2024 Cushman & Wakefield, alongside The Stahl Organization, brokered six leases totaling 175,000 square feet at 277 Park Avenue in Midtown. Cushman & Wakefield’s Mark P. Boisi, Bryan Boisi and Stephen Bellwood represented The Stahl Organization in the transactions. Sumitomo Corporation of the Americas secured 50,000 square feet on the 15th floor, while Sumitomo Mitsui Banking … Taconic, Nuveen Unveil New Midtown Office Tower New York & Tri-State + Midtown New York + Office | March 14, 2024 Taconic Partners and Nuveen Real Estate have introduced One Grand, a new 28-story office headquarters in Midtown South, blending office space with wellness and sustainability. “One Grand represents an exclusive opportunity for an anchor tenant to be in a new, ground-up, wellness-rich office environment that keeps occupants connected to the heart of what makes … Latest New Jersey Stories Goodman Buys Former Daily News Printing Plant New York & Tri-State + New Jersey + Industrial | March 18, 2024 DN Property Company LLC, a collaboration between the New DN Company and Twenty Lake Holdings, has sold the historic Jersey City property formerly housing the New York Daily News printing facility to Goodman Group. Goodman plans to transform the 21.7-acre site at 125 Theodore Conrad Drive into a warehouse facility. Located at 125 Theodore Conrad … Cresa Relocates NJ Office with Expanded Team New York & Tri-State + New Jersey + Office | March 15, 2024 Cresa’s New Jersey office has relocated to 301 Route 17 North, Rutherford, NJ, doubling its space. The move coincides with the addition of two senior brokers, Garrett Rioux as senior vice president, and Dennis W. McConnell as principal, joining the team led by managing principals Dennis Gralla and Jonathan Marks. They secured a long-term lease … Latest New York Stories Law Firm Office-Leasing Hits Milestone in ’23 New York & Tri-State + New York + Office | March 18, 2024 In 2023, U.S. law firms leased 16.9 million square feet, marking a post-pandemic high and exceeding pre-pandemic levels, according to a report from Cushman & Wakefield. This robust leasing, amid a broader market slowdown, reflects the legal sector’s resilience and confidence in office space utilization. John McWilliams of Cushman & Wakefield attributes this trend … Benenson Capital Partners Expands Leadership Team New York & Tri-State + New York + Finance | March 18, 2024 Benenson Capital Partners has reorganized its leadership team, promoting three professionals within its investment and asset management divisions. Salvatore Ciaravino, Zakary Katzman, and Matthew Butts have been elevated to senior roles. Ciaravino now serves as senior director of Asset Management and Finance, overseeing a national portfolio and driving value in properties across various real … Latest Outer Stories Manhattan, BK Rents Hit Records High in Feb New York & Tri-State + Outer + Apartments | March 18, 2024 New York City’s apartment rental market continues to surge, with both Manhattan and Brooklyn seeing record-high median rents in February, according to a report from Douglas Elliman. Manhattan’s median rent reached $4,290, up 2 percent from January and 3.3 percent year-over-year, while Brooklyn’s hit $3,499, remaining flat from the previous month but rising 3 percent … W&D Secures $109M Loan for BK Development New York & Tri-State + Outer + Finance | March 18, 2024 Walker & Dunlop, Inc. has arranged $109 million in construction financing for the development of 1034-1042 Atlantic Avenue, Brooklyn. This project entails a Class-A multifamily development comprising 247 units across two conjoining parcels. The Walker & Dunlop Capital Markets team, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Jordan Casella and William Herring acted as exclusive advisors … Latest Tri-State Stories NJ Transit-Oriented Healthcare Development Breaks Ground New York & Tri-State + Tri-State + Healthcare | March 8, 2024 Hackensack Meridian Health (HMH), New Jersey’s largest health network, is embarking on a groundbreaking project at Metropark Station in Woodbridge, NJ, marking the inception of the nation’s first health and wellness center at a transit hub. The project, part of Metropark Station’s redevelopment, aligns with Governor Murphy’s vision to revitalize transportation hubs into multi-use … Norwalk MF Development Site Sold for $12M New York & Tri-State + Tri-State + Apartments | January 12, 2024 Norwalk Hospital has sold 370 West Avenue, a 2.34-acre development site in Norwalk, Connecticut. The former YMCA site was acquired by RMS Companies for $12.2 million. Located at the crossroads of Interstate 95 and Route 7, the property is situated within Norwalk’s CBD Zone and one of the city’s Opportunity Zones. RMS Companies plans … Latest Uptown/Bronx Stories Chances for Children, LIFT Sign 65K-SF Leases at Bronx New York & Tri-State + Uptown/Bronx + Office | March 13, 2024 OPEN Impact Real Estate has facilitated two long-term lease agreements for nonprofits, LIFT and Chances for Children, at 412-424 East 147th St. in the Bronx. LIFT, focusing on breaking the poverty cycle through parent empowerment, secured a five-year lease for 3,500 square feet on the fifth floor. Chances for Children, dedicated to promoting child … UES Condo The Harper Commences Closing New York & Tri-State + Uptown/Bronx + Apartments | March 12, 2024 Global development firm Izaki Group Investments (IGI) has announced the commencement of closings at The Harper, located at 310 E 86th Street in the Upper East Side. Designed by architect ODA, the condominium offers 63 residences ranging from two to four bedrooms, with prices starting at $2.1 million. Amenities in the building include a … Latest Stories FromMidCap Advisors Hires Paul Kanarek as VP, EducationDirect Investment | March 18, 2024MidCap Advisors, a NY-based M&A advisory firm to private companies, has hired Paul Kanarek as vice president of education. Kanarek brings more than four decades of experience in the areas of strategy, M&A, investor relations and communications. Leveraging his experience assisting global education companies to go public as well as privately refinance, he will lead ...City of Austin Commits $90M to 1st Direct Lending FundAlternative Assets | March 18, 2024The City of Austin Employees’ Retirement System, which oversees $3 billion in assets, hired its first private credit fund with a $90 million commitment. The pension fund is slated to invest 1% to 3% of assets in private credit/direct lending. Initially, the investment is to be classified as fixed income – investment grade credit under ...AS Birch Grove Expands Senior Team with Goldman AlumAlternative Assets | March 18, 2024AS Birch Grove, an alternative investment manager focused on corporate credit opportunities in North America and Europe, appointed Todd Duker as managing director as interest in the collateralized loan obligation (CLO) market continues to rise. Duker brings nearly two decades of experience in structured products and CLOs. He was most recently a senior member of ...Ballistic Blasts Past Target with $360M RaiseAlternative Assets | March 18, 2024Ballistic Ventures, a San Francisco-based firm focused on early-stage cybersecurity and cyber-related companies, closed its oversubscribed $360 million second fund aimed to “fuel the next generation of cybersecurity innovation.” Since the firm’s launch in 2022 and the close of its $300 million maiden fund, it has now invested in 18 companies addressing challenges such as ...