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Joel Herskowitz, COO of Lee & Associates NYC, was tapped to lead the New York’s office new residential service division. The residential team, which includes Adam Frisch, Brett Fischer, Damien Palacios and Michael Musco, is expected to expand to five to 10 agents by the end of the year. The division will handle leasing and sales, representing owners, landlords, sellers and developers. Managing the Recruiting Challenges by Doubling Down on Training Lee & Associates NYC,…

Brett Zelner, Executive Managing Director/Principal of Lee & Associates NYC has arranged the office condominium sale of the 18,000-rentable-square-foot, 14th floor at 420 Fifth Avenue for $18.4 million to Marist College. The space will serve as an alumni and information center in New York City. Adult graduate programs and executive offices will also be housed here.        

The NY Post spoke to Lee & Associates’ Peter Braus and others regarding NYC’s empty retail space and why developers aren’t hitting the panic button.      

The 14,228 SF deal, which came in No. 3 of February’s top retail deals in NYC, involved Jaime Schultz of Lee NYC, who represented the landlord.      

  Peter Braus, managing principal of Lee & Associates NYC comments on why he believes retail is booming in the outer boroughs. Read more here http://nyp.st/2BZUjOf      

Mitchell Salmon is now an executive managing director with the retail and office leasing teams at Lee & Associates NYC. “Mitch’s extensive experience encompasses landlord and tenant representation, commercial sales and leasing and property acquisition,” said Joel Herskowitz, chief operating officer of Lee NYC. Prior to joining Lee NYC, Salmon was managing director at Garrison Investment Group, where he developed strategic plans for the private equity firm’s national retail platform and grew the retail platform…