2017 Media Kit

New York Real Estate Journal Quick Read

Serebrowski and Schwartz of Meridian arrange financing: $7.2m

Volume 28 ■ Issue 16 nyrej.com August 16 - September 5, 2016 THE ORBACH GROUP SELLS PORTFOLIO TO BLACK SPRUCE MANAGEMENT Jungreis of Rosewood Realty The two commercial condos, which are located at 129 Grand St. in SoHo and 19 Bond St. in NoHo, and total four units . handles 14-property sale: $110m SEE PAGE 6A MANHATTAN, NY Rosewood Realty Ninth Aves. They would be entirely folio’s potential for redevelopment. Group has completed the $110 million adjacent, if not for a co-op building It has about 75,000 s/f of air rights, EPIC Commercial sale of 14 walk-up and the one-story home of Brazilian but only about 10,000 s/f are usable rental buildings in steakhouse Churrascaria Platafor- given that the buildings are in the Rlty. completes two Hell’s Kitchen. ma, which are not included in the Special Clinton Zoning District. sales totaling $3.95m Aaron Jungreis portfolio. “The buildings have a capitaliza- represented both The portfolio spans 136,000 s/f tion rate of about 4%,” said Jungreis. the buyer, Black and contains 273 rental apartments, There are six retail spaces, which Spruce Manage- the majority of them market-rate. The currently house tenants such as the ment and the seller, addresses are 308-310 and 318-340 classic barbershop Little Tony & Igor Aaron Jungreis th The Orbach Group. West 49 St. Black Spruce plans to 308-310 and 318-340 West 49th Be Good and pet store Spoiled Brats. The properties are clustered on continue operating the apartments as The all-cash deal closed on July Streets - Manhattan, NY West 49th St., between Eighth and rentals, sources said, despite the port- 28th for $800+ per s/f. Mordekhai of Forest Park Props. brokers 2 sales: $5.998m Ross and Stryker of Highcap close $3.55 million In the first deal, EPIC sold a BRONX, NY According to Forest Park for $3 million. The buyer is a not- mixed-use building at 1254 Properties, the firm has recent- for-profit who intends to occupy sale of Bedford-Stuyvesant development site Broadway in Bedford- ly completed the the building. BROOKLYN, NY Larry Ross, manag- 1247-1253 Atlantic Ave. in the Bed- Stuyvesant for $1.65 million. following trans- • 365, 367, and 369 E. 28th Sts., ing partner of Highcap Group and ford-Stuyvesant neighborhood. The SEE NEW YORK CITY actions: in Brooklyn: Mordekhai represented Larry Stryker, an associate broker, 50’ x 167’ lot is located within steps to have closed the $3.55 million sale of the A and C subway lines and LIRR. TOP COVER • 3586 Boston both parties in this transaction. The Rd.: Raymond sale price was $2.998 million. The The development site, zoned C4-5D, Mordekhai of property consists of 9 total residen- has been approved for a 32,500 s/f, Atlantic Dev. and To Forest Park Prop- tial units. The buildings were built 40-unit free market rental building Better Days top out erties brokered the in 2008. with retail. Amenities will include a Raymond sale of this 11,000 •to comment on this story gym and roof top lounge. 203 Gramatan Ave. Mordekhai s/f office building visit nyrej.com• Highcap represented both the buyer and seller in this transaction. Busliks of Adams secures 48,010 s/f at 1115 Broadway Larry Ross Larry Stryker •for full story visit nyrej.com• MANHATTAN, NY Adams & Co. Real Inc. The content discovery platform Estate, LLC completed a 48,010 s/f will use the seventh and eighth floors Brick Capital Partners funds $7.5 million acquisition lease at 1115 Broadway for Taboola, of the 12-story Flatiron District build- 9:41loan, AM Edery100% of Paradigm Commercial9:41 AM RE was100% broker ing as its headquarters.The undersigned arranged the above financing. COOPER-HOROWITZ, Inc. New York City James BuslikReal Estate Financing and Jeffrey Buslik MANHATTAN, NY Brick Capital walk-up apartment buildings with Visit us at Cooper-Horowitz.com of Adams & orCo. represented the Partners LLC, through an affiliate 40 apartments. The loan included the 212-986-8400 landlord, Elevenfacebook.com/nyrej Fifteen Associates, entity, funded an acquisition loan funding for capital improvements to twitter.com/nyrej in the transaction.nyrej.com Jared Freede and in the amount of performed within the building as well 203 Gramatan Ave. is a $40 million nyrej.com Ben Friedland of CBRESection represented B New York Real Estate Journal August 16 - September 5, 2016 $7.5 million to a as apartment renovations slated to ground-up quality workforce Quick Read INCLUDES A $2.3M SALE HANDLED BY YONA AND BARUCH EDELKOPF, AND RYBINSKOV private real estate have condo-like finishes. The interest the tenant. Emerald Creek EPIC Commercial Rlty. completes housing development that Capital provides four loans totaling two Brooklyn sales totaling $3.95minvestor. Located only loan is for a 2-year term and was James Buslik Jeffrey Buslik •for full story$13.31 million visit in nyrej.com• includes 159 units. New York City BROOKLYN, NY EPIC Commercial Re- for more commercial and residential alty has completed two sales totaling growth. The neighborhood is well in the Murray Hill closed within one week of application $3.95 million. connected with the (A,C,G,J,M,Z) SEE DESIGN/BUILD section of the bor- in order to meet the borrower’s time TOP COVER O’Brien of M.C. O’Brien represents American ough, the collat- of the essence closing requirement. Yona Edelkopf Yuriy Ustoyev Baruch Edelkopf Mike Rybinskov In the first deal, EPIC sold a train lines all nearby. Many real estate mixed-use building at 1254 Broad- experts expect Bedford-Stuyvesant to eral is comprised Michael Edery of Paradigm Com- way in Bedford-Stuyvesant for $1.65 increase in value dramatically in the million. next few years. Cancer Society, Inc. in two leases totaling Located6,821 on the northeast corner s/fEPIC investment sales associate, Michael Edery of Greene Ave. and Broadway, the Yuriy Ustoyev, represented the seller, of two five story mercial Real Estate was the broker. property is a four-story walk-up and Yona Edelkopf, represented the SEE PAGE 7B mixed-use building comprised of buyer. BROOKLYN, NY According to M.C. William O’Brien,ground SIOR, floor retail and three presidentbox style, EPIC also brokered the sale of 3 Sections 72 Pages Featuring three-bedroom apartments. Built at 404-408 Utica Ave., three mixed-use 6,720 s/f, the building was completely buildings in Crown Heights for $2.3 August renovated with finishes including million. O’Brien, Inc. the firm has com- of M.C. O’Brien, whogranite countertops, represented hardwood floors, The properties consist of three con- Contributing Authors etc. The property is ideally located tiguous two-story walk-up buildings on a busy corner two blocks from with three retail units and five apart- 1254 Broadway, Bedford-Stuyvesant - Brooklyn, NY the Kosciuszko St. (J) train station. ments. The properties were delivered Naeder of Sabre Real Estate arranges 1,444 s/f lease B. Sahn...... 2A pleted the signing of two leases on the tenant with ownershipAccording to EPIC Commercial J. J.vacant andOp are located- four blocks undergo rapid transformation and Utica Ave.” Realty CEO, Yona Edelkopf, “The from the Crown Heights/Utica Ave. development. Yona Edelkopf stated Yona Edelkopf represented the property has a retail component on a (3,4,5) train station. According to that “this deal will assist with the rapid seller and Baruch Edelkopf and Mike busy corner, which appealed to the EPIC investment sales associate, Ba- transformation of the retail corridor Rybinskov, investment sales associ- Mayor de Blasio...... 4A behalf of a long erating Inc. Sandy Klein, C. Jaye Berger, buyer. Bedford-Stuyvesant has been ruch Edelkopf, “There is tremendous of Crown Heights, specifically along ates of EPIC, represented the buyer.PLAINVIEW, NY Sa- throughout the NY metropolitan area, Shanholt Glassman The Law Offices of up and coming, and the property has value for the buyer as he purchased Klein Kramer & Co. C. Jaye Berger a tremendous amount of upside.” over 60 ft. of frontage on Utica Ave.” In the secondSEE PAGE 14B SEElease, PAGE 15B Bedford-Stuyvesant ACS is locatedcommit Crown Heights is -the home to NY EDC/IDA Special ...... 14-17A time client, The in central Brooklyn and nudges up many museums and borders the Crowley Corrinet, Tighe and Tosko of CBRE representbre Real Estate arranged a lease for 1,444 s/f in the against Williamsburg. This historic eastern half of Prospect Park. This neighborhood, known for its pristine neighborhood offers easy train and Coach in 693,938 s/f HQ lease at 10 Hudson Yards brownstones, has recently undergone car access through Easterly Parkway NEW YORK, NY CBRE Group, Inc. has “We are happy to have played a part American Can- ted to 3,321 s/f of newlythe final stages of gentrificationdeveloped and and the (3,4,5) train lines, which has advised Coach in a 693,938 s/f lease in helping this iconic brand monetizeGroup LLC has Plainview Shopping Center at 371 real estate development, allowing allowed Crown Heights to recently of its headquarters at 10 Hudson Yards their interest while creating an im- New York City ...... SEC. B Josh Berkowitz, portant leasehold Ariel Property where Hudson Advisors Yards meets the space in theSEE PAGE Skyview16B Blatter of Whitestone Wellness Realty handles $23 million sale arranged a lease for South Oyster Bay Rd. cer Society, Inc. Highline.” said NYC Financial...... 7-12B NEW YORK, NY Nathan Blatter used as a hotel the past 14 years Tosko, CBRE 28 Pages of Whitestone Realty Group, Inc. and was recently closed down due vice chairman. Medical Condos located inhas thecomplet- mixedto some legal issues pertaining to Coach wasChocolate the Works. Melissa Naeder, a director at (ACS). ACS will ed the $23 the use as an SRO. The issues have first company to Professional Profiles ...... 5 million sale since been resolved. Lauren Crowley Mary Ann Gregory commit to the Contributing Authors ...... 13-16B th Corrinet Tighe Tosko New York City Finance ...... 7-12 of 117 W 79 The property is a seven-story Hudson Yards use developmentMBA NY Professional Profiles off ...... 11 of CollegeSt. The deal elevator Point building sitting feet from as part of Coach’s sale-leaseback. project and is the largest tenant in move into 3,500 closed with- Central Park. CBRE’s Lauren Crowley Corri- 10 Hudson Yards. The companySabre, Chocolate Sabre, represented the tenant in the Names, Faces ...... 18 in 10 days of Whitestone is aggressively net, Mary Ann Tighe and Gregory was founded in New York City 75 Design/Build ...... SEC. C New York City Retail ...... 19-25 signing of the looking to purchase additional Tosko represented Coach, who en- years ago and is the leading New th contract. The off market properties in the five tered into a 20-year lease for the sixth York design house of modern luxury nyrej.com Nathan Blatter s/f at 505 5 Ave., Blvd. in the Flushing sectionbuilding was boroughs. of through the 23rd floors. accessories and lifestyle brands. Works’ exclusive transaction while Etan Shalem of nyrej.com in the Park Slope Queens. O’Brien, SIOR represented broker for its fran- Welco Realty Inc. represented The William O’Brien neighborhood. the tenant. Melissa Naeder chised expansion Real Estate Equity Co. Inform. Engage. Connect.

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Executive of the Month: Steven Littman

Volume 28 ■ Issue 13 nyrej.com August 2 - 15, 2016 FULLY OCCUPIED PROPERTY AT 23-02 49TH ST. IN LONG ISLAND CITY: 656,000 S/F Steven Littman, president and managing partner at Rhodes Associates. Katz and Pershin of GFI Realty SEE PAGE 8A The Daten Group Services arrange $195 million sale breaks ground on QUEENS, NY GFI Realty Services, LLC cap rate below 3%, is fully occupied on an extremely well-located asset.” has arranged the $195-million sale by three tenants whose leases are “Long Island City office is boom- 840 Fulton St. of 23-02 49th Ave., a seven-story, expiring in 2020. ing, and industrial conversion is The transaction was arranged by bringing many new office properties GFI Realty managing director of in- to market,” Pershin said. “Once the vestment sales Yosef Katz and director property is converted to office use, Yisroel Pershin. The buyer plans on the buyers anticipate strong leasing converting the building into creative activity because of the unmet demand office space upon the termination of and subsequent lease-up are several for creative office facilities and the the current lease. years out, the buyers recognized this ability to offer space at a 50% discount “The extremely low cap rate as a unique opportunity to capitalize to Manhattan rates.” Yosef Katz Yisroel Pershin demonstrates the strong confidence 656,000 s/f warehouse in the Long that the buyers have in Long Island Eugene Giscombe, “mayor of 125th St.," founder Island City neighborhood. The City’s long-term potential,” said The mixed rental building replaced property, which traded for an in-place Katz. “While value-add renovations of Giscombe Realty Group passes at age 76 a gas station. The project has MANHATTAN, NY Eugene Giscombe, from a brain aneurysm. qualified for the 421A program and Barcel Group handles five sales totaling $19.7 million the founder, president and chief Giscombe was 76 years old. He will deliver 20% of the 39 units as executive of the was born and raised in Harlem but Primary Readers Include: affordable housing in 18 months. BROOKLYN, NY Barcel Group has com- Bart Zimmermann represented all Harlem commer- was a longtime resident of Pamona pleted sale of five buildings totaling parties in this off market transaction. SEE ODM cial real estate in Rockland County. $19.7 million. The properties are 1247 The Prospect Park South property TOP COVER firm Giscombe Giscombe’s experience in the is a six-story elevator building con- Realty Group, Harlem market went back 30 years, sisting of 32 units. The property was known affection- before Harlem was a “cool place” Koenigsberg of built in 1915 and consists of 33,000 ately by many as to do a deal. In 1982 he founded s/f. The property sold for $8.65 the “mayor of Giscombe Realty Group, LLC one of American million (19X GRM). Fridman rep- Eugene Giscombe 125th St.,” died on Harlem’s leading commercial real es- resented all parties in this off market Sunday, July 10 at Good Samaritan tate management, consulting, leasing, Investment Props. transaction. Hospital in Suffern, unexpectedly development and brokerage firms. brokers $27m sale Marcel Bart Fridman Zimmermann Stewart of Bertwood Founder’s Message Ave. V, 526 Lafayette Ave., 426 & 434 49th St. and a elevator building located handles 715 s/f lease for in the Prospect Park South area. New York Cake Pops Timing 1247 Ave. V is a four-story walk-up Someone recently asked me why I decided to publish a building located in Sheepshead bay, commercial real estate trade newspaper on January 17th, the property consists of 12 units. The 1963, and if I had any tips on starting a new business. Investors, Brokers, Developers, Builders & Contractors, Commercial American Investment Properties building was built in 1927 and con- The answer to question two can easily be answered brokered the $27 million sale of the sists of 12,000 s/f. The property sold by purchasing a copy of The Alphabet to Successfully Cherry Valley Shopping Center on for $2 million (15x GRM). Marcel Selling Yourself And Ideas – a book I wrote several behalf of the seller Punia Co. Fridman represented all parties in years ago for my new employees and anyone else’s new employees. There is nothing original in the book, SEE LONG ISLAND this off market transaction Roland Hopkins but includes everything I had learned way back in the TOP COVER 526 Lafayette Ave. is four-story walk-up building located in Bed- beginning when I knew nothing (swallowed my pride, realized and accepted ford-Stuyvesant, the property consists the fact that I knew nothing) and slowly began learning by humbly asking of 20 units. The building was built in MANHATTAN, NY Bertwood Realty questions of successful business people, and then shutting up, listening 4 Sections 88 Pages 1931 and consists of 18,000 s/f. The has secured a 715 s/f lease at 642 to their answers, and then following their advice. The book contains 27 th tips (one for each letter in the alphabet–I think there are 27 letters in the M. Weiser ...... 2A property sold for $5.6 million (18x West 28 St. (at NewspaperGRM). Fridman & Andrea Lugo 11th) for New alphabet) that I had learned and helped me succeed. Mayor de Blasio...... 4A represented all parties in this off York Cake Pops. Getting back to answering the original question–I had the background ODM ...... SEC. B market transaction Deborah of a disc jockey, spinning records late at night on a college radio station Spotlight: Professional Svcs .. 7-18B 426 & 434 49th St. are two four-sto- Stewart, sales (fun fun fun), and then making a living for several years in Portland, Long Island...... SEC. C ry walk-up buildings consisting of 8 associate at Maine as the morning man disc jockey (5:30 a.m. to 10:00 a.m.) five days Spotlight: CDE ...... 5-12C units each. The buildings were built in Bertwood Real- a week. More fun, fun, fun. When the opportunity arose for me to start Upstate...... SEC. D 1931 and consist of a total of 14,000 ty handled this a publishing business I had to humbly admit that I knew nothing about s/f. The properties sold for $3.45 Deborah Stewart transaction. publishing or selling, but I was young and ignorant, and was aware that Property Owners, Bankers & Lenders, Mortgage Bankers & Brokers, 20,000+nyrej.com millionweekly (18X GRM). Fridman and •for full story visit nyrej.com• CONTINUED ON PAGE 6 readers Government Agencies, Professional Services including Legal, Insurance, Accounting and Appraisal.

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Owners, Developers & Managers

nyrej.com Section B New York Real Estate Journal August 2 - 15, 2016 TO BUILD A $20M 39-UNIT MIXED-USE RENTAL BLDG.; DESIGN BY KBA ARCHT. Quick Read The Daten Group breaks ground 20,000 City of Yonkers on 840 Fulton St. in Clinton Hill holds brokers tour of residential MANHATTAN, NY The Daten Group’s David Ennis and Craig Rosen- projects in man, along with Tracy Dembicer from First Niagra Bank, hosted a downtown area groundbreaking ceremony this week for the Daten Group’s new rental building at 840 Fulton St. at the corner of Vanderbilt Ave. in Clinton Hill. The 39-unit mixed rental building replaced a gas station at the corner. The Daten Group purchased the site of a Clinton Hill gas station two years ago for $7.4 million, and plans to construct a $20 million, seven-story The tour focused on Transit 40,000 s/f rental building (with 20 Oriented Developments. They percent designated affordable units) visited River Tides at Greystone, designed by KBA Architects. The Hudson Park Club and UNO building will also feature almost 5,000 Micro Unit Apartments. s/f of ground floor retail space. SEE PAGE 4B The project has qualified for the 421A program and is set to deliver 20% affordable units in 18 months. The Daten Group is a full-service Gamco Corp. real estate investment, development improves and consulting firm. Shown (from left) are: David Ennis, Craig Rosenman and Tracy Dembicer. operations with ESCC provides design and consulting services Diamond Properties collects 7,912 pounds new equipment for new Cornell Tech residential building in N.Y.C. NEW YORK, NY Electronic Security of recyclable e-waste from its tenants and Communications Corp. (ESCC), MOUNT KISCO, NY Diamond Proper- a leading New York-based security ties celebrated Earth Day with its and communications design and con- annual collection drive of recyclable sulting firm that delivers Integration electronics from its tenants, an effort Beyond Expectation, will be involved originally inspired by Diamond’s in the design and implementation participation in the Westchester Green of the security and communica- Business Challenge (WGBC). tions systems at the first high-rise In 2014 the WBGC, an initiative Gamco invested in and installed residential building built to Passive to move companies toward cost-ef- a new CNC Machining Center to House standards – the Cornell Tech fective environmental sustainability, enhance much of its aluminum residential building. This building motivated Diamond Properties to start machining operations. will become the beacon of the Cornell the collection drive. The requirements SEE PAGE 6B Tech campus and a symbol of the of one of the challenge’s categories, school’s unwavering commitment materials management/waste & recy- to innovative sustainability. Passive cling, were met by having employees 28 Pages House is the building standard that bring in electronics from their homes reduces energy consumption while to complement the office recycling Professional Services ...... 7-18 creating a healthier and more com- tions solutions. ESCC fit the bill program for tenants. Professional Profiles...... 16 fortable living environment for a perfectly and worked closely with Because of the success of the gathering recyclables and collected fraction of the residents’ usual energy top NYC developers, construction program, the company decided to 7,912 lbs of electronics. PWC ...... 20 costs. This environmentally friendly management teams & architects that repeat the event for its tenants every “Our goal in 2016 was to exceed the ACEC NY ...... 22 building required a unique technol- included Cornell University, Related year. In 2015, Diamond Proper- collection amount and unexpectedly IREM ...... 23 ogy integrator to become part of the Companies, Hudson Companies, ties collected and recycled 4,372 we doubled our number,” said La- creative process and work with the Monadnock Construction, and Han- pounds of electronics. This year, the ressa Gjonaj, marketing manager nyrej.com dynamic design team to recommend del Architects. Diamond Properties team visited for Diamond Properties. the right security and communica- •for full story visit nyrej.com• 15 properties throughout the week •for full story visit nyrej.com• 15,000 Hot Property Alert Hot

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Section B nyrej.com December 22, 2015 - January 4, 2016 YEAR 0 IN REVIEW Distribution by region 2015 540 Digital Edition Outside Access from any computer or mobile device. the 1,700 Search, share and view newspaper archives from Region 2010 to the present. Bookmark articles, print and download pdfs and hyperlink to websites from 10% advertisements. Available to all paid subscribers. Long Island 20% New York City 7,200 45% Upstate Hudson Valley Hot Property Alert 25% Social Media 4,600+ opt-in subscribers.​ Income​ producing properties for sale in NY & NE are featured in a dedicated email with images, links and pdf attachments.

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Rosenblum Cos. celebrates groundbreaking Section C New York Real Estate Journal August 16 - September 5, 2016 January 10 May 2 September 5 of 501 Broadway $40 PROJECT TEAM: GF55, BROOKER ENG. ETTINGER ENG., AND KELLARD SESSIONS Atlantic Dev. and To Better Days Deadline: December 13 Deadline: April 11 Deadline: August 8 Const. top out 203 Gramatan Ave. MOUNT VERNON, NY Atlantic Devel- to local businesses. Atlantic Devel- opment Group, LLC and To Better opment is ready to break ground in Days Construction held a topping September, pending final approvals out celebration for 203 Gramatan from the city. The $23 million project is a Avenue, the first of three major Hartley Park Towers, one of the 101-unit mixed-use loft apartment. Atlantic Development projects that first market rate rentals built in the It is the former home of the Troy will revitalize the downtown area. downtown area in 40 years, will be Long Island Long Island Long Island Record newspaper. 203 Gramatan Ave. is a $40 million a 10-story building with 109 units of SEE PAGE 2C ground-up quality workforce hous- rental housing that will create a new ing development that includes 159 benchmark for quality and design. The units of workforce housing – 30% finishes and amenities will be built of which are reserved for Mount to a luxury standard, but the housing Greenland Forest Vernon residents – and 20,000 s/f of will be 60/40 market/affordable. The retail space. Local companies have development will include 4,000 s/f of City Partners tops been awarded 32% of the $40 million amenity space that will include a state project cost to date and the project has of the art gym, media center, lounge Owners, Developers & Managers Owners, Developers & Managers Owners, Developers & Managers out 38 Sixth Ave., created 43 full-time jobs for residents. and children play area. There will be Brooklyn Project team members include: GF55 an additional 4,000 s/f of landscaped Partners LLP as architect, Brooker outdoor terraces with views of Hartley Engineering as the structural engi- Parkland. neer, Ettinger Engineering as MEP Other highlights of the 203 engineer, and Kellard Sessions as the Gramatan Ave. development in- civil engineer. clude improvements to the Sidney Peter Fine, CEO of Atlantic Avenue Garage: structural repairs, Development said, “We are really new elevators, new lighting, signage, proud of our role in the revitalization painting, and pedestrian walkways; Upstate Upstate Upstate of downtown Mount Vernon and of and Gramatan Ave. streetscape im- this project – our first of three and provements: new sidewalks, trees, the first major stride in bringing benches and street lights. downtown Mount Vernon back. We have made real investments in this community, its residents, its businesses and its workforce and Shawmut tops off Riverdale Country School’s Aquatic Center we look forward to carrying the BRONX, NY Shawmut Design and momentum, excitement and support Construction has topped off Riverdale Monthly Spotlight from this project into Hartley Park Country School’s Aquatic Center, Towers, our next major milestone in which is scheduled to open this fall. Mount Vernon’s comeback. Hartley The new facility is a key component Park Towers would not be possible of the college preparatory school’s without the success and public im- master plan to update the Hill Cam- provements of the first building at pus’s athletic facilities. 203 Gramatan Ave.” Shawmut’s initial work on the Atlantic Development’s second 13,000 s/f center included con- May 16 September 19 The Pacific Park project was major investment in the revitalization structing it with pillar supports to designed by SHoP Architects and is of downtown Mount Vernon is Hart- maintain the view of the Frank J. being built by Tishman Construction. ley Park Towers, which will create Bertino Memorial Field from the an additional 190 jobs. Located at 30 SEE PAGE 4C top of the hill. The Aquatic Center, Oakley Ave. – right around the block designed by Platt Byard Dovell from the 203 Gramatan project – this White Architects, includes a six- Deadline: April 25 16 Pages second revitalization project will lane, USA Swimming-certified pool have a major positive economic im- with individual rows of bleachers, with Riverdale Country School to division. “This new space will allow Deadline: August 22 News Briefs ...... 10 pact on the city through increases in locker rooms, and a lobby gathering make sure that we didn’t disturb the school to maintain its athletic ex- January 24 tax revenue and increased traffic and space. Students will use this facility campus life as we worked on an active cellence by expanding and improving Professional Profiles ...... 12 spending in the area. Moreover, an for fitness education, and interscho- campus above a residential area,” the facilities to suit a more extensive estimated $6 million in construction lastic team competition. said Tony Miliote, vice president curriculum.” nyrej.com and labor contracts will be awarded “The team worked very closely of Shawmut’s Tri-State institutional •for full story visit nyrej.com• Deadline: December 27 New York City New York City New York City Design/Build Design/Build Design/Build Monthly Spotlight Monthly Spotlight February 7 June 6 October 3 Deadline: January 10 Deadline: May 9 Deadline: September 12 Long Island Long Island Long Island New York Owners, Developers & Managers Owners, Developers & Managers Owners, Developers & Managers Upstate Section B nyrej.com June 21 - July 4, 2016 Upstate Upstate I didn’t get there by wishing for it, but by working for it. Estée Lauder February 21 June 20 October 17 Deadline: May 23 2016 Women in Real Estate Deadline: January 24 Deadline: September 26

Sponsored by New York City New York City New York City Design/Build Design/Build Design/Build Monthly Spotlight Monthly Spotlight Monthly Spotlight March 7 July 4 November 7 Deadline: June 13 Deadline: February 14 Deadline: October 10 Long Island Long Island Long Island Owners, Developers & Managers Owners, Developers & Managers Owners, Developers & Managers Upstate Upstate Upstate March 21 July 18 November 21 Deadline: June 27 Deadline: February 28 Deadline: October 24 New York City New York City New York City Design/Build Design/Build Design/Build Monthly Spotlight Monthly Spotlight Monthly Spotlight April 4 August 1 December 5 Deadline: July 11 Deadline: March 14 Deadline: November 14 Long Island Long Island Long Island Owners, Developers & Managers Owners, Developers & Managers Owners, Developers & Managers Upstate Upstate Upstate April 18 August 15 December 19 Deadline: July 25 Deadline: March 28 Deadline: November 28 New York City New York City New York City Design/Build Design/Build Design/Build

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Rosenblum Cos. celebrates groundbreaking of 501 Broadway Section C New York Real Estate Journal August 16 - September 5, 2016 $40 PROJECT TEAM: GF55, BROOKER ENG. ETTINGER ENG., AND KELLARD SESSIONS Atlantic Dev. and To Better Days Const. top out 203 Gramatan Ave. MOUNT VERNON, NY Atlantic Devel- to local businesses. Atlantic Devel- opment Group, LLC and To Better opment is ready to break ground in Days Construction held a topping September, pending final approvals out celebration for 203 Gramatan from the city. The $23 million project is a Avenue, the first of three major Hartley Park Towers, one of the 101-unit mixed-use loft apartment. Atlantic Development projects that first market rate rentals built in the It is the former home of the Troy will revitalize the downtown area. downtown area in 40 years, will be Record newspaper. 203 Gramatan Ave. is a $40 million a 10-story building with 109 units of SEE PAGE 2C ground-up quality workforce hous- rental housing that will create a new ing development that includes 159 benchmark for quality and design. The units of workforce housing – 30% finishes and amenities will be built of which are reserved for Mount to a luxury standard, but the housing Greenland Forest Vernon residents – and 20,000 s/f of will be 60/40 market/affordable. The retail space. Local companies have development will include 4,000 s/f of City Partners tops been awarded 32% of the $40 million amenity space that will include a state project cost to date and the project has of the art gym, media center, lounge out 38 Sixth Ave., created 43 full-time jobs for residents. and children play area. There will be Brooklyn Project team members include: GF55 an additional 4,000 s/f of landscaped Partners LLP as architect, Brooker outdoor terraces with views of Hartley Engineering as the structural engi- Parkland. neer, Ettinger Engineering as MEP Other highlights of the 203 engineer, and Kellard Sessions as the Gramatan Ave. development in- civil engineer. clude improvements to the Sidney Peter Fine, CEO of Atlantic Avenue Garage: structural repairs, Development said, “We are really new elevators, new lighting, signage, proud of our role in the revitalization painting, and pedestrian walkways; of downtown Mount Vernon and of and Gramatan Ave. streetscape im- this project – our first of three and provements: new sidewalks, trees, the first major stride in bringing benches and street lights. downtown Mount Vernon back. We have made real investments in this community, its residents, its businesses and its workforce and Shawmut tops off Riverdale Country School’s Aquatic Center we look forward to carrying the BRONX, NY Shawmut Design and momentum, excitement and support Construction has topped off Riverdale from this project into Hartley Park Country School’s Aquatic Center, Towers, our next major milestone in which is scheduled to open this fall. Mount Vernon’s comeback. Hartley The new facility is a key component Park Towers would not be possible of the college preparatory school’s without the success and public im- master plan to update the Hill Cam- provements of the first building at pus’s athletic facilities. 203 Gramatan Ave.” Shawmut’s initial work on the Atlantic Development’s second 13,000 s/f center included con- The Pacific Park project was major investment in the revitalization structing it with pillar supports to designed by SHoP Architects and is of downtown Mount Vernon is Hart- maintain the view of the Frank J. being built by Tishman Construction. ley Park Towers, which will create Bertino Memorial Field from the an additional 190 jobs. Located at 30 SEE PAGE 4C top of the hill. The Aquatic Center, Oakley Ave. – right around the block designed by Platt Byard Dovell from the 203 Gramatan project – this White Architects, includes a six- 16 Pages second revitalization project will lane, USA Swimming-certified pool have a major positive economic im- with individual rows of bleachers, with Riverdale Country School to division. “This new space will allow 17 AccordNews Briefs ...... 10 pact on the city through increases in Parklocker rooms, and a lobby gathering make sureDrive, that we didn’t disturb the school to maintain its athletic Suite ex- 207 | Norwell, MA 02061 | Tel: 781-878-4540 | Outside Mass.: 800-654-4993 | nyrej.com tax revenue and increased traffic and space. Students will use this facility campus life as we worked on an active cellence by expanding and improving Professional Profiles ...... 12 spending in the area. Moreover, an for fitness education, and interscho- campus above a residential area,” the facilities to suit a more extensive estimated $6 million in construction lastic team competition. said Tony Miliote, vice president curriculum.” nyrej.com and labor contracts will be awarded “The team worked very closely of Shawmut’s Tri-State institutional •for full story visit nyrej.com• 2017 Media Kit Spotlight Calendar January 2017 February 2017 March 2017 April 2017 Top Stories 2016 Semi-Annual Commercial BuildingsNY Women in Real Estate Guide Professional Services

New York New York

Section B nyrej.com April 28 - May 11, 2015 Commercial Section B nyrej.com April 28 - May 11, 2015 Real Estate Guide BuildingsNY Spotlight A Directory of Services for Commercial Real Estate Professionals BuildingsNY Spotlight

FEATURING 100 NEW VENDORS FOCUSED ON HELPING TO DRIVE MORE PROFITS FOR BUILDINGS FEATURING 100 NEW VENDORS FOCUSED ON HELPING TO DRIVE MORE PROFITS FOR BUILDINGS The annual BuildingsNY to take place The annual BuildingsNY to take place April 28 - 29 at the Javits Convention Center April 28 - 29 at the Javits Convention Center

NEW YORK, NY Are you proud to be a Day 1 Program Highlights: NEW YORK, NY Are you proud to be a Day 1 Program Highlights: New York building owner or manag- • 8:45 - 9:45 a.m. - Housing in the New York building owner or manag- • 8:45 - 9:45 a.m. - Housing in the er? Do you have specific chal lenges Boroughs: Who Wants It?; er? Do you have specific chal lenges Boroughs: Who Wants It?; that you need solutions for? Are 2016 • 10:00 – 11:30 a.m. - Using AIA that you need solutions for? Are • 10:00 – 11:30 a.m. - Using AIA you looking to save money on your Tools to Manage Legal Issues on you looking to save money on your Tools to Manage Legal Issues on building? If you’ve answered yes to Sustainable Projects; building? If you’ve answered yes to Sustainable Projects; any of these questions, then mark • 11:45 a.m. – 12:15 p.m. - How to any of these questions, then mark • 11:45 a.m. – 12:15 p.m. - How to your calendars for the Build ingsNY Be Proactive with Bed Bug Man- your calendars for the Build ingsNY Be Proactive with Bed Bug Man- event, taking place April 28 - 29 agement; the Correct Use of Canine event, taking place April 28 - 29 agement; the Correct Use of Canine at the Javits Convention Center in Scent Detection Teams; and at the Javits Convention Center in Scent Detection Teams; and N.Y.C. This year’s event will feature • 2:00 - 5:00 p.m. - Build, Buy, Hold N.Y.C. This year’s event will feature • 2:00 - 5:00 p.m. - Build, Buy, Hold over 400 Exhibitors, with 100 new or Sell. over 400 Exhibitors, with 100 new or Sell. vendors focused on helping you drive Day 2 Program Highlights: vendors focused on helping you drive Day 2 Program Highlights: more profits for your buildings. In • 8:45 - 9:30 a.m. - The Mayor’s Hous- more profits for your buildings. In • 8:45 - 9:30 a.m. - The Mayor’s Hous- addition, you won’t want to miss the ing Plan: What, Where, and When; addition, you won’t want to miss the ing Plan: What, Where, and When; free education panels on the hottest, • 12:30 – 1:00 p.m. - Business Case free education panels on the hottest, • 12:30 – 1:00 p.m. - Business Case leading edge topics presented by the for LED Lighting; leading edge topics presented by the for LED Lighting; ABO, BOMA/NY, CHIP, NYARM, • 1:30 – 3:00 p.m. - Utilizing Existing ABO, BOMA/NY, CHIP, NYARM, • 1:30 – 3:00 p.m. - Utilizing Existing and AIA. At BuildingsNY 2015, you Assets to Save Assets and AIA. At BuildingsNY 2015, you Assets to Save Assets will find a year’s worth of solutions • 2:00 – 2:30 p.m. - Mobile Technolo- will find a year’s worth of solutions • 2:00 – 2:30 p.m. - Mobile Technolo- in just two days. gy and its impact on the Construction in just two days. gy and its impact on the Construction BuildingsNY 2015 continues to Industry! and BuildingsNY 2015 continues to Industry! and evolve to better suit the industry’s BuildingsNY is all about the evolve to better suit the industry’s BuildingsNY is all about the needs. We listened to your feedback business of owning and managing needs. We listened to your feedback business of owning and managing and made many changes to build a building in N.Y.C. and the outer and made many changes to build a building in N.Y.C. and the outer you a better show. We have deeper boroughs. The show promotes an you a better show. We have deeper boroughs. The show promotes an relationships with current and new opportunity to meet and network relationships with current and new opportunity to meet and network partners, ABO (the show found- with people and to make connections partners, ABO (the show found- with people and to make connections er), BOMA/NY, CHIP, NYARM, and build relationships with industry er), BOMA/NY, CHIP, NYARM, and build relationships with industry S.P.O.N.Y, AIA and our VIP lounge peers. Attend BuildingsNY, to be able S.P.O.N.Y, AIA and our VIP lounge peers. Attend BuildingsNY, to be able sponsor LandlordsNY. to lower costs, save money and gain sponsor LandlordsNY. to lower costs, save money and gain We’re expecting to welcome over an aggregate view of local industry We’re expecting to welcome over an aggregate view of local industry 7,000 industry professionals to Top trends, state and federal codes and 7,000 industry professionals to trends, state and federal codes and this year’s event. BuildingsNY is tenant needs and desires. To register this year’s event. BuildingsNY is tenant needs and desires. To register Women in where hundreds of vendors will be richer categories including building tal, maintenance & operations and Our key industry partners have to attend, create a personal agenda, where hundreds of vendors will be richer categories including building tal, maintenance & operations and Our key industry partners have to attend, create a personal agenda, displaying products for every phase automation, energy management, fi- security and disaster relief. Sourcing developed a 2-day complimentary register for a con ference session, displaying products for every phase automation, energy management, fi- security and disaster relief. Sourcing developed a 2-day complimentary register for a con ference session, of a building’s lifecycle. You will nancing, restoration and renovation, products and services will be a pro- program on the hottest NY/NJ/CT or to stay updated, please visit of a building’s lifecycle. You will nancing, restoration and renovation, products and services will be a pro- program on the hottest NY/NJ/CT or to stay updated, please visit see new products and services in design & construction, environmen- ductive and time-saving experience. Building topics designed to help you. www.buildingsny.com. Fall 2015 / Winter 2016 see new products and services in design & construction, environmen- ductive and time-saving experience. Building topics designed to help you. www.buildingsny.com. Professional Services Stories Sponsored By: Spotlight

May 2017 June 2017 July 2017 August 2017 Long Island State of the State Industrial & Economic Semi-Annual Commercial 15th Anniversary Development T:6” Real Estate Guide

SOME OF THE MOST INNOVATIVE BUILDINGS ARE MADE OF GLASS AND STEEL. OTHERS, PIXELS.

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Spring / Summer 2016 Sponsored By: After months of construction, Con Edison’s Commercial Buildings microsite is almost ready to open its doors. This state-of-the-art interactive experience 15th Anniversary Spotlight will give users the opportunity to explore nine realistic areas inside a building which will identify multiple options for energy efficiency improvement. Visitors will also have access to real-life case studies, videos, insights, and news, as well as an events calendar that will be regularly updated with the latest happenings in the industry. So get your index finger ready—it’s going to be the tour of a lifetime. #ManageEnergy

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Section B November 24 - December 7, 2015 nyrej.com Section B nyrej.com April 28 - May 11, 2015 Section C nyrej.com September 20 - October 3, 2016 Industry Leaders ICSC New York Spotlight BuildingsNY Spotlight Executive of the Month Featuring PAGE 5B FEATURING 100 NEW VENDORS FOCUSED ON HELPING TO DRIVE MORE PROFITS FOR BUILDINGS Appraisal Architect Featuring Attorney Conservation Easements Executive of the Month The annual BuildingsNY to take place PAGE 2C April 282017 - 29 at theYear Javits in Convention Review Center Firestein, partner Jeffrey Pliskin, Pliskin NEW YORK, NY Are you proud to be a Day 1 Program Highlights: New York building owner or manag- • 8:45 - 9:45 a.m. - Housing in the Realty and Dev., Inc. er? Do you have specific chal lenges Boroughs: Who Wants It?; that you need solutions for? Are • 10:00 – 11:30 a.m. - Using AIA at SCG Retail: you looking to save money on your Tools to Manage Legal Issues on building? If you’ve answered yes to Sustainable Projects; any of these questions, then mark • 11:45 a.m. – 12:15 p.m. - How to John Rynne, William Gati, Steven Glassberg, Sarah Lewis Belcher, Providing a your calendars for the Build ingsNY Be Proactive with Bed Bug Man- Rynne, Murphy & Architecture Studio Glassberg & Associates, LLC Bond Schoeneck & King event, taking place April 28 - 29 agement; the Correct Use of Canine Associates, Inc. at the Javits Convention Center in Scent Detection Teams; and N.Y.C. This year’s event will feature • 2:00 - 5:00 p.m. - Build, Buy, Hold comprehensive suite over 400 Exhibitors, with 100 new or Sell. Cost Segregation Economic Development Rob Cord, CBC Advisors Energy Fall Maintenance Kenneth Schuckman, vendors focused on helping you drive Day 2 Program Highlights: Schuckman Realty, Inc. more profits for your buildings. In • 8:45 - 9:30 a.m. - The Mayor’s Hous- of services to clients addition, you won’t want to miss the ing Plan: What, Where, and When; free education panels on the hottest, • 12:30 – 1:00 p.m. - Business Case leading edge topics presented by the for LED Lighting; Professional Profiles ABO, BOMA/NY, CHIP, NYARM, • 1:30 – 3:00 p.m. - Utilizing Existing and AIA. At BuildingsNY 2015, you Assets to Save Assets PAGE 9C will find a year’s worth of solutions • 2:00 – 2:30 p.m. - Mobile Technolo- in just two days. gy and its impact on the Construction BuildingsNY 2015 continues to Industry! and Question of the Month evolve to better suit the industry’s BuildingsNY is all about the PAGE 7B needs. We listened to your feedback business of owning and managing Brad Cohen, and made many changes to build a building in N.Y.C. and the outer Eastern Consolidated you a better show. We have deeper boroughs. The show promotes an Samuel Charney Douglas González Noel Mannion Bill Rockensies relationships with current and new opportunity to meet and network Eli Loebenberg, Giovanna Bernard, Charney Leslie E. Robertson National Realty & H2M Architects & Chuck Hurchalla, Lori Ann Simon, Construction Associates Development Corp. Engineers DPC New York, Inc. Tax straddles: partners, ABO (the show found- with people and to make connections Madison SPECS, LLC The Agency, and Development Evolution Energy Partners Broome County IDA/LDC er), BOMA/NY, CHIP, NYARM, and build relationships with industry Are the benefits for 1031 S.P.O.N.Y, AIA and our VIP lounge peers. Attend BuildingsNY, to be able sponsor LandlordsNY. to lower costs, save money and gain We’re expecting to welcome over an aggregate view of local industry Marketing Office Furniture Rental Tax Certirari Title Insurance exchanges overstated? 7,000 industry professionals to trends, state and federal codes and this year’s event. BuildingsNY is tenant needs and desires. To register where hundreds of vendors will be richer categories including building tal, maintenance & operations and Our key industry partners have to attend, create a personal agenda, Women in Construction displaying products for every phase automation, energy management, fi- security and disaster relief. Sourcing developed a 2-day complimentary register for a con ference session, Faith Hope Consolo, of a building’s lifecycle. You will nancing, restoration and renovation, products and services will be a pro- program on the hottest NY/NJ/CT or to stay updated, please visit Spotlight Douglas Elliman see new products and services in design & construction, environmen- ductive and time-saving experience. Building topics designed to help you. www.buildingsny.com.

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facebook.com/nyrej twitter.com/nyrej nyrej.com nyrej.com Section B New York Real Estate Journal October 18 - 31, 2016 Quick Read REPRESENTED SELLER AND PROCURED BUYER OF THE ROOSEVELT IN QUEENS Campbell of Von Der Ahe, Koicim, Riney and Berkadia arranges Acceptable applications and files $31.5 million loan for Harlem retail Salvatico of IPA sell $29.35m condominium space QUEENS, NY Institutional Property to purchase a sizable, turn-key, Advisors (IPA), a division of Marcus condo-quality multifamily invest- & Millichap specializing in serving ment property in Jackson Heights,” said Peter Von Der Ahe of IPA. “Demand for New York City assets like The Roosevelt is fu- eled in part by the high price Peter Joe Shaun of single-family Von Der Ahe Koicim Riney homes and the institutional and major private real city’s long-term space constraints, The Journal is not responsible for ads estate investors, has completed the which support effective rent growth Adobe Acrobat PDF All files need to sale of The Roosevelt, a mixed-use and outsize price appreciation.” building with 31 residential units, Von Der Ahe and Joe Koicim of 10 commercial tax lots and a park- IPA, along with Shaun Riney and ing garage in the Jackson Heights Michael Salvatico, both in Marcus SEE PAGE 5B neighborhood. The sales price is & Millichap’s Brooklyn office, $29.35 million. represented the seller and procured Featuring “This was a rare opportunity the buyer.

October Heaner, Greenspan and Warren of Kaufman Org. Contributing Authors represent landlord in 5,909 s/f lease to MMR Research printing incorrectly when the file sent is NEW YORK, NY The Kaufman Organi- zation has secured a 5,909 s/f, five-year be made as a PDF High Print Quality. lease for MMR Research Worldwide, a global market research agency, with- in its Madison Sq. Portfolio at 15 West th Michael Packman, Peter Blond, 27 St. (15W27). This is the first lease PNI Brandt, Steinberg, signing within the Kaufman portfolio Equities Lewis & Blond LLP since its recent multi-million dol- The Roosevelt, Jackson Heights - Queens, NY SEE PAGE 14B SEE PAGE 15B lar recapitalization with China Orient. “It is an exciting time for the Madison Sq. Portfolio, and we are pleased to have MMR as the newest Gold, Hirschfield, Agbaba and Sozio of tenant at 15W27,” said Michael Ariel Property Advs. arrange $3.85m sale made in Microsoft Word, Powerpoint or Heaner, partner at Kaufman. “The building continues to attract a variety BRONX, NY Ariel Property Advisors Of the property’s 20 units, there Alterations CANNOT be made to a PDF Howard Raber, of high-quality companies seeking has completed the sale of 773-783 are four retail and 16 residential Ariel Property th Advisors a premier office destination that is East 169 St., a 20-unit mixed-use units. The residential consist of one centrally located in Manhattan, and SEE PAGE 16B three-bedroom, nine one-bedroom, we are confident the building will six two-bedroom, and apartments. Madison Sq. Portfolio at 15 West continue to experience success.” th The commercial portion of the proper- Kaufman’s Heaner, Grant Green- 27 Street - New York, NY ty contains 7,700 s/f of rentable retail 28 Pages span, and Elliot Warren represented on West 27th St. between Broadway space. Exclusive agents Jason Gold, the landlord, 13W27 Leasehold, LLC, and Fifth Ave. The building provides Scot Hirschfield, Marko Agbaba New York City Finance ...... 5-11 while Jake Cunningham of Velocity tenants close proximity to numer- and Victor Sozio represented the Professional Profiles ...... 12 Real Estate represented the tenant, ous public transportation options, seller, a private investor, and procured MMR Research Worldwide. AMMR including the N, R, 4, 5 and 6 MTA Jason Gold Scot Hirschfield the buyer. Names, Faces ...... 18 will move into the space in November. subway lines. assemblage located on the north side “New ownership will immediately Excel. We will, however, use them as an 15W27 is an 11-story, 65,578 The building offers flexible, open of East 169th St. between Union Ave. benefit from positive cash flow and New York City Retail ...... 19-25 file after sending to the Journal. s/f, mixed-use commercial building loft-style spaces that are fully cus- and Boston Rd. in the Morrisania sec- the significant presence in the retail, nyrej.com centrally located in North of Madison tomizable to meet the needs of the tion. It sold for $3.85 million, which which has 125’ of frontage,” said Sq. Park (NoMad), Midtown South 21st century tenant. represents $268 per s/f. Gold, vice president at Ariel. Illustrator All images must be embed- ad layout example. Send photos and/or Advertisers may provide PDF’s, digital files, ded. Save file as a PDF. graphics as files used to make sample via email or on a CD. New York Real Estate Photoshop Photos can be sent as jpgs ad. MAC OS10 platform. or tifs. 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nyrej.com Section C New York Real Estate Journal October 4 - 17, 2016 The New York Real Estate Journal’s paraphrase, amplify, and/or shorten BECKER OF RACANELLI, BECKER AND ASSOCIATES REPS SELLER Quick Read Wong of KDA and Schwartzberg/ editorial team maintains editorial control text or graphics prior to publication to Perna of Newmark Grubb Miller of Premier handle $3.5m sale Knight Frank OLD BETHPAGE, NY According to Guang Lin, while William Becker Kalmon Dolgin and Neil Dolgin, of Racanelli, Becker and Associates brokers two sales - co-presidents of Kalmon Dolgin LLC represented the seller, 195 Sweet Hollow over content. We do not pre-review or meet the New York Real Estate Journal’s $10.4 million Road Corp. The buyer will use the ware- house space for its kitchen cab- inet and marble business, New Linda Jason Jeff Star Kitchen. The verify submitted materials as a regular requirements of copy and layout. Wong Miller Schwartzberg property was for- Ralph Perna of Newmark Affiliates, Inc. (KDA), the firm has merly used by Advance Relocation Knight frank also completed a arranged the sale of a one-story, Molloy Brothers Moving and Stor- 42,500 s/f property at 195 Sweet age, which has relocated its operations 32,000 s/f lease in Central Islip. 195 Sweet Hollow Road - Old Bethpage, NY Hollow Rd., for $3.5 million. to Farmingdale. The two sales were $3 million and Linda Wong of KDA, along with The one-story property has a 24-ft.ceilings. Located between the Seaford Oyster Bay Expressway, $7.4 million respectively. Jason Miller and Jeff Schwartz- 5,000 s/f office, and high ceilings – Winding Rd. and Hub Dr., 195 Long Island Expressway, Rte. 110, matter. We reserve the right to edit, SEE PAGE 4C berg of Premier Commercial Real 25,000 s/f of the space offers 16-ft. Sweet Hollow Rd. offers access to and Old Bethpage Rd. Estate, represented the buyer Long ceilings while 17,000 s/f feature

BEB Real Estate leases 56,000 s/f to Cintas Corp. Sabre Real Estate Roth of Manhattan Skyline leases 2,800 s/f to Chipotle secures 2,726 s/f RIVERHEAD, NY According to Man- Management Corp. represented the hattan Skyline Management Corp., landlord on the deal. Chipotle was lease for [solidcore] Chipotle Mexican Grill has arrived represented by broker Daniel Spector, to 1501 Country Rd. Chipotle signed formerly of Winick Realty Group. a 2,800 s/f lease for the ground floor “We are excited to welcome commercial space that has become the Chipotle to the neighborhood and chain’s first location in the area, and its hope to see continued growth and only outpost within a 30-mile radius. diversification of the commercial mix Joshua Roth, vice president, in Riverhead and surrounding areas retail leasing for Manhattan Skyline of Long Island,” Roth said. 12 Harbor Park Drive - Port Washington, NY

Caporrino of Invest Commercial brokers PORT WASHINGTON, NY BEB Real president of BEB. “The lack of avail- Sabre Real Estate arranged a lease Estate has arranged the lease of a total able commercial space in western for [solidcore] at 250 S. Service Rd., $3.2 million sale of Citibank property of 56,000 s/f for office and industri- Nassau County led to this expansion Roslyn Heights. The fitness chain LONG BEACH, NY Invest Commercial al space at 12 and extension at 12 Harbor Park Dr.” was founded by entrepreneur and has closed on the sale of a free-stand- Harbor Park Cintas, headquartered in Cincinna- motivational speaker, ing Citibank property located at 129 Dr. to Cintas ti, Ohio, had previously been a tenant Anne Mahlum. East Park Ave. Corporation – at the Harbor Park Dr. location. With The 4,116 SEE PAGE 13C a market lead- this new deal, they will be occupying s/f building is er in highly space on the first and second floors. situated in the specialized Brodsky, in his other capacity as 20 Pages area’s business business ser- a managing director of Newmark district. Citi- vices through- Grubb Knight Frank, negotiated the Monthly Q&A with D. Hunt ...... 2 bank occupies Lee Brodsky 129 East Park Avenue - out North transaction on behalf of BEB, along Executive of the Month ...... 3 the property America, including corporate identity with his Newmark colleagues Dan on a long-term Long Beach, NY Professional Services ...... 5-12 uniform programs. Oliver and Dan Marcus, managing 17 AccordFrank CaporrinoParklease. The Invest Commercial,Drive, represented the “The prominentSuite Harbor Park Dr. director and207 director, respectively. | Norwell, MA 02061 | Tel: 781-878-4540 | Outside Mass.: 800-654-4993 | nyrej.com Organization of the Month ...... 8-9 building has been occupied by a buyer and seller. industrial park in Port Washington is “While the Nassau County mar- Professional Profiles ...... 12 bank since the 1960s. The property Invest Commercial provides a full an ideal location for Cintas, as it meets ket has been tight, we are seeing a sold for $3.2 million in an all-cash range of brokerage and advisory the company’s current and long-term great deal of interest in our Long nyrej.com transaction. services, specializing in the sale of needs and can also accommodate Island properties recently,” said Bert Frank Caporrino, president of single tenant properties. future growth,” said Lee Brodsky, Brodsky, chairman of BEB.