Real Estate

NEW YORK, NY—Christopher M. Hanson has joined the New York office of MKDA, a leading corporate space planning and interior design firm, as senior project manager and director of the firm’s Healthcare Practice. Hanson will manage project teams and provide oversight on an array of corporate interiors projects while also leading the firm’s growth into the healthcare sector.

NEW YORK, NY—SL Green Realty Corp. announces that Putney, Twombley, Hall & Hirson LLP, one of New York City’s oldest law firms, has renewed its 20,987-square-foot lease covering the entire 10th floor at 521 Fifth Avenue.

NEW YORK, NY—Colliers International has been retained as the exclusive agent on the sale of two leasehold interests secured by prominent movie theater complexes in the Washington/Baltimore area.  

The properties, which are being sold together as a portfolio, are located in the Potomac Yard Shopping Center in Alexandria, Va., and the Hunt Valley Towne Center in Hunt Valley, Md. The cinemas are owned by RREEF and Greenberg Gibbons, respectively.

NEW YORK, NY—The Kaufman Organization, which specializes in leasing and managing premier office space in New York City, recently brokered a two-year, 5,000-square-foot sublease at 56 West 22nd Street for Zemoga, an international digital innovation agency.

NEW HAVEN, CT—After 21 months of construction, the much anticipated 360 State Street—Connecticut’s greenest and largest residential development—is set to open its doors on August 1.

NEW YORK, NY—New York City’s housing market continued its rebound in the second quarter of 2010 as the total dollar value of residential real estate sales increased 72 percent compared to the second quarter of 2009, according to a new report. The total dollar value increased to $7.6 billion this quarter, up from $0.8 billion in the second quarter of 2009.

NEW YORK, NY—Real estate developer and investor William S. (Billy) Macklowe has officially launched his new venture, William Macklowe Company (WMC).

NEW YORK, NY—In one of the most trafficked shopping corridors in Downtown Manhattan, Broad Street Development (BSD) has unveiled its plans to create a new, glass-enclosed retail plaza at 55 Broadway, an ideal opportunity for retailers. Located just steps from Wall Street, the currently under-development, all-glass storefront will boast 30 feet of Broadway frontage with space opportunities ranging from 4,900 to 11,300 square feet. BSD has retained the team of Executive Vice President Ariel Schuster and Director Greg Covey at Robert K.

NEW YORK, NY—HSBC Bank has renewed its 3,880-square-foot retail space at W&H Properties’ 1350 Broadway, completing the building’s extensive retail transformation and fulfilling a W&H commitment to installing top retail tenants as part of the top-to-bottom building upgrade.

NEW YORK, NY—On track for another impressive performance, the nine Pre-War Trophy office buildings in the W&H Properties portfolio leased an aggregate of over 560,000 square feet during the first six months of 2010, announces Fred C. Posniak, senior vice president of W&H Properties.

More than half of the total, or 370,000 square feet, represents new leases and expansions. Renewals account for the remainder.