New York
HKS Signs 46 KSF Lease, Relocates to Thor Property
The social services organization will occupy part of the first floor and the entire second floor of Thor Equities’ 257,000-square-foot Downtown Brooklyn office building, relocating from 57 Willoughby St.
Ascend Snags Brooklyn’s LOOK
The 81-key hotel is located in the Red Hook neighborhood, close to Brooklyn Bridge Park, Barclays Center and the Brooklyn Cruise Terminal.
Jersey City Office Building Sells for $20M
Rhodium Capital Advisors acquired 600 Pavonia Ave., an 85,000-square-foot office building situated in Jersey City’s Journal Square neighborhood. The asset is set to undergo $3 million renovations.
Mountain Development Grabs Premier Office Building in NJ
The firm has expanded its local footprint with the acquisition of a 170,000-square-foot, Class A office asset in New Providence, N.J. , which was previously owned by Pitcaim Properties.
Final Deal Inked for $1.6B Penn Station Addition
The project’s centerpiece will be the conversion of the century-old James A. Farley mail sorting room in Midtown Manhattan into the 255,000-square-foot Moynihan Train Hall.
Himmel + Meringoff Nabs Queens Office/Warehouse Asset
The 127,000-square-foot property is conveniently located at 21-07 41st Ave., at the F train subway station in Queen’s Long Island City neighborhood.
NJ Industrial Portfolio Changes Hands in $147M Deal
The transaction, comprising six northern New Jersey properties totaling 1.2 million square feet, represents the largest portfolio sale in the state this year.
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for May 2017 in New York City.
NY Investor Grabs 288 KSF NJ Office Asset
In an off-market transaction brokered by Cushman & Wakefield, Shelbourne Global Solutions acquired Perryville III in Hampton, N.J., for $19.9 million. The firm has rebranded the property as Shelbourne at Hunterdon.
Law Firm Signs 60 KSF Sublease at 425 Lexington Ave.
In a deal brokered by Savills Studley, Holwell Shuster & Goldberg LLP will occupy three floors in JP Morgan Asset Management’s Class A tower.