Taylor Williams

2 weeks ago | rebusinessonline.com | Taylor Williams

1NEW YORK CITY — Pillar Property Management has topped out The Earl Monroe New Renaissance Basketball School, a $35 million academic project in the Mott Haven area of The Bronx. The five-story, 69,000-square-foot building is located at 647 Elton Ave. and will eventually house an 8,000-square foot gymnasium, 27 regular and specialty classrooms, a library/media production studio and a dedicated broadcast studio.

2 weeks ago | rebusinessonline.com | Taylor Williams

1NEW YORK CITY — New York City-based investment firm Time Equities Inc. has purchased a 38-unit apartment building in the Ditmas Park area of Brooklyn for $13.1 million. Built by Lightstone Management in 2018, the building at 323 E. 19th St. offers one- and two-bedroom units and was fully occupied at the time of sale. According to StreetEasy, amenities include a fitness center, package rooms, a rooftop deck and onsite laundry facilities. The seller was not disclosed. M&T Bank financed the acquisition.

2 weeks ago | rebusinessonline.com | Taylor Williams

1WORCESTER, MASS. — Marcus & Millichap has brokered the $7.2 million sale of a portfolio of three office buildings totaling 83,769 square feet (gross) in the Central Massachusetts city of Worcester. The interconnected buildings, which were 82 percent leased at the time of sale, sit on 2.2 acres and house onsite restaurant VIA, as well as 155 parking spaces. Harrison Klein of Marcus & Millichap represented the seller and procured the buyer in the transaction.

2 weeks ago | rebusinessonline.com | Taylor Williams

1BOUND BROOK, N.J. — Coldwell Banker New Homes and Coldwell Banker Realty have completed the lease-up of Allure at Vosseller, a 40-unit apartment building located in the Northern New Jersey community of Bound Brook. The building features one- and two-bedroom units and amenities such as a resident lounge, fitness studio, package room and a landscaped outdoor pavilion. Locally based investment and management firm Ferruggia Associates owns Allure at Vosseller.

2 weeks ago | rebusinessonline.com | Taylor Williams

1EDISON, N.J. — Newmark has negotiated a 35,000-square-foot industrial lease in the Central New Jersey community of Edison. According to LoopNet Inc., the building at 115 Newfield Ave. was built in 1988 and totals 45,500 square feet. Kyle Eaton, Robert Loderstedt, Michael Schipper and Haylee McCabe of Newmark represented the tenant, Glenmore Plastics, in the lease negotiations. The name and representative of the landlord were not disclosed.