NEW YORK CITY—Brokerage firm Marcus & Millichap reports that Takis Tsagronis sold the properties at 30-58 34th St. and 30-64 34th St. to Urban American of New York City.
NEW YORK CITY—Patchett revealed that as part of the initiative the city's Human Resources Administration would lease a total of 250,000 square feet in one or multiple new developments in the East New York section of Brooklyn.
HAVERSTRAW, NY—The 173-acre Letchworth Village development parcel, which is owned by the Town of Haverstraw in Rockland County, is being marketed for sale by Cushman & Wakefield's Capital Markets Group.
NEW YORK CITY—Normandy and Kassabian Realty plan to immediately begin a capital improvement program at the property located at 43-10 23rd St. The capital improvements at the property will include a full gut rehabilitation, new systems, renovation of the lobby and the addition of multiple outdoor spaces.
WALTHAM, MA—In 2015, Cambridge MA-based King Street Properties and joint Venture partner Carlyle Group of Washington, DC acquired the adjoining 830 Winter St. from Intercontinental Real Estate Corp. of Boston for $104.2 million.
NEW YORK CITY—In early May, Israeli real estate company Gazit-Globe Ltd. formed its new U.S. investment subsidiary Gazit Horizons, which plans to invest up to $2 billion in U.S. real estate in the next few years.