Pyramid Investors JV arranges $6.65 million sale of former Pyramid Reception Center

Pyramid Investors JV LLC, a joint venture between Manhattan-based Bluestone Group and Bronx developers Altmark Group arranged the $6.65 million purchase of the property known as the former Pyramid Reception Center (and YMCA) at 470 East 161st St. in the Melrose section of the borough from New York State OGS (NYSOGS). NYSOGS was represented by Ivan Diaz of Diaz & Associates. The buyer was not represented by any party. The JV is considering various community based options for the development of the 60,000 s/f building and the adjoining land, and have retained John Peters at Cushman & Wakefield to market the asset to potential tenants and users. The Melrose area is experiencing continued growth with the recent completion of Atlantic Development's 700 unit Boricua College and Village, the leasing of the Brook House furniture building to the non-profit Boom! Health, and the

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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NYC mayor and DOB release comprehensive façade inspection and safety study conducted by Thornton Tomasetti

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Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.

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