Highline Real Estate Partners has launched Highline Hospitality Partners, a new real estate platform that sponsors and invests in full- and select-service hotels and resorts.
After a long negotiation, both parties reached a successful agreement, allowing AACOG the ability to be flexible in accommodating its and client needs, and resulting a good addition to the tenant mix.
L+M Development Partners has completed the sale of a 99-year leasehold interest at 250 Utica Ave in Brooklyn. Newmark Knight Frank arranged the transaction on behalf of the L+M.
Downtown and Midtown South in Manhattan garnered some leasing wins in 2019 and is expected to continue on track for continued leasing strength well into 2020.
Brentwood, TN-based GBT Realty Corporation, which developed the properties over the past two years, sold the portfolio to a Virginia-based, private investment group that was completing a sizable 1031 exchange.
Sunset Park in Brooklyn has seen droves of media companies flock to set-up shop in Industry City, a 16-building creative campus along the waterfront that has become a hotbed production and entertainment companies.
Real estate investment management firm George Comfort & Sons' 200 Madison Ave. is 100 percent occupied after it has finalized a 10-year lease with Neville, Rodie & Shaw, Inc. The property sits in the highly desired Midtown South submarket, in which NRS will remain on the 20th floor through 2031.