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NYSCAR: Hudson Valley Chapter

Chapter News

Event App Doorlist Leases Chelsea Office Space

Doorlist Event Management, Inc., d.b.a. DoorList, an app designed for college students to create and manage social events on campus, has signed a new three-year lease for 3,062 square feet at 322 Eighth Ave. in Chelsea. The circa-1925 office property saw its entrance and facade completely remodeled in recent years. Claire Koeppel and Dylan Weisman of Newmark represented the tenant. Allen […]

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Red Hook Industrial Sale Sets Neighborhood Pricing Record

Marcus & Millichap arranged the sale of an 11,850-square-foot industrial property in Brooklyn for $5,650,000. The property is located at 30 Richards St. in Brooklyn’s Red Hook neighborhood. “At $565 per square foot on the building’s floor plate, this sale represents a record price for an industrial building in Red Hook,” said Jesse Kay in Marcus & Millichap’s Manhattan office. “This outcome is the […]

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RXR Breaks Ground on Next Phase of Glen Cove Residential Development

A partnership of master developer RXR and Chuo Nittochi America Corporation Team held a groundbreaking ceremony for its newest residential development within Garvies Point, The Arden. Representing the next phase in a multi-phased transformation of Glen Cove’s waterfront on Long Island, The Arden will rise five stories and feature 101 residences ranging from studios to three-bedrooms.  […]

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Tishman Speyer Adds Midtown’s Hippodrome to Management Portfolio

Edison Properties and Gottesman Real Estate Partners and Tishman Speyer said Tuesday that Tishman Speyer has been selected to provide management services at the Hippodrome, a historic 21-story tower at 1120 Ave. of the Americas in Midtown Manhattan. As part of the assignment, ElevatedNY, the four-floor coworking and move-in-ready office concept at the Hippodrome, will join the […]

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Vornado Taps Newmark for Retail Leasing in Midtown’s Penn District

Vornado Realty Trust has named Newmark as the exclusive leasing agent for the next stage in its retail transformation in the Penn District on Manhattan’s West Side. The Newmark retail team is overseen by chairman of Global Retail Mark Masinter, who will work closely with Newmark’s retail vice chairman Karen Bellantoni, Jackie Totolo, Pierce Thompson and Nick Masinter. The reinvention of Vornado’s […]

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JLL Arranges Loan Facility for Brooklyn Portfolio Acquisition

JLL Capital Markets arranged $19 million in financing for the Edifice Portfolio, a collection of five recently rehabilitated multifamily properties located in Brooklyn. Managing director Jillian Mariutti and director John Flynn represented the borrower, Edifice Partners LLC, a woman-owned real estate development firm based in New York City, in securing a loan facility with City […]

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First Phase of East Orange MXU Closes on $133M Recapitalization

Co-developers Triangle Equities and Incline Capital closed on the recapitalization of construction financing for the first phase of The Crossings at Brick Church Station, a mixed-use development located directly adjacent to NJ Transit’s historic Brick Church Train Station in East Orange, NJ. The recapitalization totals $133.5 million, led by a $115-million senior secured bridge loan from funds managed by […]

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American Express Nears Deal for Lease at Long-Delayed 2 World Trade Center

American Express is close to a deal to relocate its headquarters from nearby 200 Vesey St. to Silverstein Properties’ long-delayed 2 World Trade Center, Bloomberg News reported. The financial services firm’s commitment could represent the anchor tenancy needed to begin construction. Published reports first surfaced in September 2024 that AmEx and Silverstein were in discussions […]

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SoHo Mixed-Use Trades to Manhattan Developer for $44M

138 Spring St. in SoHo, also known as 90 Wooster St., has sold for $43.7 million. The property is a six-story mixed-use office and retail building, and the buyer was Evergreen Peak LLC, a Manhattan-based developer operating out of 136 Madison Ave. Alex Riguardi, a director with JL Capital Markets in the New York office, […]

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NYC CRE Leaders: Getting to Affordability is Key; Path is Not Clear (VIDEO)

“The Mayor came into office with a message of affordability, and it’s the right mesage. [On] how we get there, we’re going to disagree.” That’s Hal Fetner, chairman, Fetner Properties, responding to the question of the most important thing for Mayor Zohran Mamdani to focus on. For his part, Gary Rosenberg, president, Rosenberg & Estis, […]

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