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NYC Grants $100M in Tax Breaks to Two Struggling Manhattan Office Buildings – Commercial Observer - Vimarsana News

NYC Grants $100M in Tax Breaks to Two Struggling Manhattan Office Buildings – Commercial Observer

NYCIDA approved two tax abatements totaling nearly $100 million for two struggling office properties at 850 Third Avenue and 175 Water Street.

Talent Consulting Firm Vaco Takes 6K SF at Graybar Building - Vimarsana News

Talent Consulting Firm Vaco Takes 6K SF at Graybar Building

Vaco signed a 10-year lease for 6,606 square feet on the 16th floor of 420 Lexington Avenue.

Software, Private Equity and Development Firms Ink Deals at 950 Third Avenue – Commercial Observer - Vimarsana News

Software, Private Equity and Development Firms Ink Deals at 950 Third Avenue – Commercial Observer

Three firms — Ninth Wave, Levco Capital and William Macklowe Company — led a wave of new leases at 950 Third Avenue.

Shipping Company to Set Sail for 20K SF at Sunset Park Industrial Complex – Commercial Observer - Vimarsana News

Shipping Company to Set Sail for 20K SF at Sunset Park Industrial Complex – Commercial Observer

Ship Essential is shipping out of Manhattan for a new fulfillment center inside Liberty Bklyn.

Prime City Secures $7.5 Million in Construction Financing for 20 Third Avenue Apartment Community in Long Branch, New Jersey - Vimarsana News

Prime City Secures $7.5 Million in Construction Financing for 20 Third Avenue Apartment Community in Long Branch, New Jersey

HOBOKEN, NJ - Prime City, a vertically integrated, private real estate company, has just closed on a $7.5 million construction loan for the development of a four-story, 31-unit apartment community in Long Branch, New Jersey. Manasquan Bank provided the 2- year floating rate loan. The project began demolition of the existing building in February and will host an official groundbreaking ceremony in April. Located at 20 Third Avenue, the development will be built on a half-acre site, offering...