Regions Northeast | New York
ADT Security Leases 14,000 SF in New York City
July 30, 2008
CB Richard Ellis arranged a 14,000-square-foot lease on behalf of ADT Security Services at 229 West 28th Street in Manhattan, N.Y. The 10-year lease includes the building’s 12,500-square-foot fifth floor and 1,500 square feet of basement space for storage and distribution. Joss Realty Partners is the landlord. Barry Bernstein and David Danick, of Winoker Realty Co., represented Joss Realty Partners.
Recent New York Headlines
NYC Real Estate Whiz Busted
Aug. 29, 2008
Manhattan District Attorney Robert Morgenthau has brought down NYC real-estate investor Adam Hochfelder, according to news reports. The DA arrested and charge Hochfelder with allegedly bilking associates and banks out of more than $17 million. The most serious charge, grand larceny, for lying on and forging various documents, could earn him a whopping return--25 years in jail. The 37-year-old was chairman & CEO of Max Capital Management Corp.
Fire Brought Down 7 WTC: Report
Aug. 28, 2008
At a technical briefing this week, Shyam Sundar, lead investigator for the federal building and fire investigation of the World Trade Center disaster conducted by the National Institute of Standards and Technology, revealed in detail how fire brought down the 7 World Trade Center building. The reports conclusions were first announced last week.
Urban Wind Power: Just a Lot of Air?
Aug. 26, 2008
Hot on the heels of New York City mayor Michael Bloomberg’s call to install wind turbines on the city’s high-rises and bridges as part of a green-energy plan, a California company has offered to donate a wind turbine to the city to demonstrate that the idea is indeed workable.
$167M Construction Loan in Place for Brooklyn M-F Project
Aug. 21, 2008
Forest City Ratner Cos. has closed on a $167 million construction financing deal for 80 DeKalb, a 365-unit apartment project in Downtown Brooklyn. The New York State Housing Finance Agency approved the project for $109.5 million in tax-exempt bonds and an additional $27.5 million in taxable bonds.
