We think smarter about real estate. Our Trend Trackers—state-of-the-market reports issued quarterly for Manhattan, Brooklyn, Queens, and Long Island—offer insight you’ll find nowhere else. We write articles on industry-related topics, lead panels, and remain involved in issues that affect our City and our industry. 2Q 2017 Market Office Report (Trend Tracker)
THE DURST’S VIA: 625 WEST 57TH STREET
SITUATION New construction is often the most challenging type of retail space to lease in New York City. Installations are expensive, space is normally delivered raw, and physical conditions for construction can present major obstacles to tenants. The Durst Organization’s Via project at 625 West 57th Street is one of the most uniquely designed buildings constructed in New York City in many years. In addition to over 700 apartments, there is approximately 45,000 sf of…
Lee NYC — 3Q17 Manhattan Office Report
We think smarter about real estate. Our Trend Trackers—state-of-the-market reports issued quarterly for Manhattan, Long Island and, coming soon, Brooklyn—offer insight you’ll find nowhere else. We write articles on industry-related topics, lead panels, and remain involved in issues that affect our City and our industry. 3Q 2017 Market Office Report (Trend Tracker)
241-247 BEDFORD AVENUE, Brooklyn, New York
BACKGROUND In 2012, Redsky Management had acquired a very large site in the heart of Williamsburg, 241-247 Bedford Avenue. The site’s prime location on Bedford Avenue, directly across from another significant site that was then under construction, made it an ideal project to attract an eclectic mix of retailers and add significant value to Redsky’s large Williamsburg portfolio. After a “beauty contest” in which many brokers were interviewed, Redsky hired the team at Lee, led…