Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
In addition to Abrams, the group now joining Compass includes brokers Lisa Rosenthal, Rebecca Olshan, Herman Glaswand, Curtis Woodside and Alexander Vellios.
The property formerly served as an R&D and manufacturing hub for Raytheon, but has been transformed into a modern multi-tenant campus via substantial capital investment throughout the past 10 years.
Rubenstein's business plan calls for the creation of walking connections to a new retail center currently being built adjacent to the Research Plaza property, which will help tenants access the new retail amenities at the complex.
In an EXCLUSIVE GlobeSt.com contributed article, Pryor Cashman lawyers explain how adverse possession can happen in urban areas, and how landowners including developers can protect themselves from such claims.
The Port Washington, NY-based REIT acquired a 99-year leasehold in the 62,000-square-foot shopping center at Minnesota Avenue and Benning Road that includes a purchase option.
The Department of Buildings tells Globest.com that the $210,000 in fines were for false filings on construction permit applications. In total the DOB found 42 such violations at 17 Kushner buildings.