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Articles Archive for 16 May 2012

Deals & Dealmakers, Featured »

[16 May 2012 | No Comment | ]
Allergan signs 93,000 s/f New Jersey lease

The global health care company Allergan, Inc, the maker of Botox, has signed a 93,000 s/f lease with SJP Properties at Somerset Corporate Center II in Bridgewater, N.J.

Brokers Weekly »

[16 May 2012 | No Comment | ]

Realty Collective, the Brooklyn-based brokerage, will be open its third office later this month at 351 Van Brunt Street in Red Hook.
In keeping with its mission of promoting local business and sustainable practices, the residential and commercial real estate brokerage will engage in a shared space model with Gallery Brooklyn, designed to add value to the community, increase street traffic and showcase artists from Brooklyn.
The 351 Van Brunt Street gallery and business space, Gallery Brooklyn and RC Red Hook will open with group exhibition “Lightness, Being,” curated by Trong Nguyen, showcasing three NYC-based …

Deals & Dealmakers »

[16 May 2012 | No Comment | ]

NAI Friedland CEO Tony Lembeck (right) of Goldens Bridge, N.Y., is joined by his daughter Sophie, and Steve Madden of New York City, N.Y., at the Family Services of Westchester’s Star Gala in New Rochelle, N.Y.  The Lembeck Family was honored in recognition of their continued commitment to the organization and the Westchester community.
 
 

NAI Friedland CEO Tony Lembeck (third from left) of Goldens Bridge, N.Y., and his family were recently honored by Family Services of Westchester (FSW) at the organization’s Star Gala in New Rochelle, N.Y. Tony is joined by …

Deals & Dealmakers »

[16 May 2012 | No Comment | ]

The Town of Islip has agreed to offer an incentive package to a high tech manufacturer looking to expand into mass-market production.
Photonics Corp., a Bohemia-based manufacturer of lasers used in the production of semiconductors and other electronics, anticipates growing its workforce to meet an estimated $30 million in sales next year.
At a meeting today, Islip Town Supervisor Tom Croci said that the Islip Industrial Development Agency has approved an preliminary inducement measure that will allow Photonics Corp. to purchase a 50,000 s/f building in Ronkonkoma.
He said the incentive package could …

Deals & Dealmakers »

[16 May 2012 | No Comment | ]
Mean streets bring out best in Breslin

By Al Barbarino

As a child, Studley EVP Patrick Breslin and his mother would often pick up his father, New York City columnist Jimmy Breslin, from work.

The elder Breslin had never bothered to get a license, having grown up too poor to imagine being able to afford a car. For Patrick and his siblings, that meant daily trips to breaking news scenes throughout the city.

Deals & Dealmakers, Featured »

[16 May 2012 | No Comment | ]
Formula One, Superbowl 2014 and horse racing;  A sporting trifecta that should boost tri-state retail

By Al Barbarino
New Jersey retailers are set to get a turbocharged boost heading into Super Bowl 2014.

Back in May of 2010, the $1.6 billion new MetLife Stadium was selected to host the 2014 Super Bowl.

Earlier this year, Formula One signed a 10-year franchise agreement to hold annual 3-day races in neighboring Weehawken, on a stretch of Boulevard East and River Road along the Hudson River’s west bank.

Brokers Weekly, Featured »

[16 May 2012 | One Comment | ]
Super, natural Max Dobens leads by example

By Linda O’Flanagan
There’s not a lot that spooks Max Dobens, not even real spooks. He’s settled into his newest role at Prudential Douglas Elliman, and his new office digs, like it’s where he was always meant to be. Every fourth Friday, he barbecues in the back yard of the townhouse at 137 Waverly for the office Broker of the Month, and he’s redecorated the conference room to give it a more “clean and contemporary look.” Local legend has it that horror writer, Edgar Allen Poe, once lived at 137 Waverly. When asked if he’s seen any ghosts there, Dobens replies, “Not here.”Well, you’ve gotta ask ….“Then where?”

Deals & Dealmakers, Featured »

[16 May 2012 | No Comment | ]
Crown nabs slice of Fifth Avenue power tower

By Sarah Trefethen

Stanley Chera’s Crown Acquisitions Inc. has purchased a 49.9 percent interest in the Olympic Tower Complex on Fifth Avenue, forming a joint venture with Olympic Tower Associates, and affilate of the Onassis foundation.

The value of the deal has not been disclosed, but sources familiar with the deal say it is in the vicinity of $1 billion.

Brokers Weekly, Deals & Dealmakers, Featured »

[16 May 2012 | No Comment | ]
High point for New York’s new downtown

By Sarah Trefethen
Lower Manhattan isn’t just for Wall Street anymore.

With a growing residential population and an influx of office tenants in creative services and other industries, the post-9/11 downtown is setting a new standard for urban lifestyles.

Brokers Weekly, Featured »

[16 May 2012 | No Comment | ]
The family ties that keep business rolling

By Liana Grey
When Lee Schweninger was in elementary school, he attended open houses with his mother, Elaine, a longtime broker who now works at Town Residential. At one point, he even had a chance to answer phone calls at the sales office of a Lower Manhattan condo development. “At six years old, I was an unwitting intern,” he joked. After graduating from college, Schweninger got his broker’s license and joined his mom at Town. Such family partnerships are common at the firm, which was founded just over a year ago by Andrew Heiberger. 

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