Regions Northeast
Broad Financial Signs 10-Year Lease in Manhattan
July 8, 2008

CB Richard Ellis arranged a 10-year, 16,003-square-foot lease at 33 Whitehall Street in Manhattan, N.Y., on behalf of the landlord, Broad Financial Center L.L.C.  Russo, Keane & Toner will occupy the entire 16th floor. Built in 1986, the 30-story, 395,000-square-foot building is located between Bridge Street and Pearl Street. The Staubach Co. represented Russo, Keane & Toner.

 
Recent Northeast Headlines
NYU Buys Gramercy Green for $275M
New York University acquired Gramercy Green condo building from J.D. Carlisle for $275 million with plans to convert the 21-story property into a dorm, The Real Deal reported. The building is located at 310 Third Avenue.
Teen Retailer Buys Office Space in Manhattan
rue21, a leading specialty value teen retailer for girls and guys is on the move in New York City. The 400 plus store retailer has acquired and customized a 3,800-square-foot office located in the Fashion District.
The Orbach Group Acquires Miry Run Apartments in New Jersey
The Orbach Group has purchased the Miry Run Apartments, a nine-building complex housing 144 units.  The  acquisition is the second Hamilton, N.J. property in the company’s portfolio, joining Victoria Apartments, bringing the Hamilton total to 460 units.
WTC Tower 3 Summer Brings Progress, Challenges for WTC Renewal
As Labor Day nears, the effort to revitalize the World Trade Center has experienced significant forward motion as well as a few hitches. In the months to come, the massive rebuilding project is likely to show signs of progress as well as facing a series of difficult choices. Public agencies and private-sector interests swiftly addressed some of the 15 major challenges detailed June 30 by Christopher Ward, the recently appointed executive director of the Port Authority of New York and New Jersey.
Freddie Mac Program Paves Way for $38M Refi of New Jersey Apartment Property
A refinancing deal valued at $38.7 million has closed for Hunters Chase Apartments, a 360-unit multifamily community in Evesham, N.J.