The Real Deal New York

Posts Tagged ‘26 broadway’

  • From left: 26 Broadway and the New York City Film Academy

    From left: 26 Broadway and the New York City Film Academy

    The New York Film Academy is expanding. [more]

  • What I did for the gig: David Maundrell

    February 06, 2013 05:30PM

    Inset: David Maundrell

    “What I did for the gig” is a weekly web feature that chronicles the outlandish, risky and comical strategies that residential and commercial real estate brokers have used to land listings, clients and jobs.

    Don’t count your chickens before they’re hatched. So may go the proverb, but for David Maundrell, founder of, doing just that led him to the golden egg of his first new development contract. [more]

  • Elika adds property management division

    August 31, 2011 03:46PM

    Gea Elika, founder of Elika Associates

    Just two weeks after launching a commercial division, Elika Associates said it will open a residential property management division. The buyer’s brokerage intends to focus on management of individual apartments, townhouses or multi-family properties of up to 20 units purchased by their commercial clients.

    The management services include responding to maintenance requests and hiring repairmen, screening tenants, preparing applications and payment collection. Helen Elika will head the new management division. — Adam Fusfeld[more]

  • Elika Associates, a Manhattan-based residential buyer’s brokerage, will launch a commercial arm focused on buyer and tenant representation, the firm announced today.

    The division is named Elika Commercial and will consult and guide clients towards the most efficient location for office and retail space leases and purchases and investment purchases. The firm has hired one new agent for the commercial side, and in the short-term will transfer some of its residential agents to that side, bringing the total head count to three. Elika has brokered two small retail leases thus far, although they are both pending, according to the firm’s founder and principal broker, Gea Elika. — Adam Fusfeld[more]

  • Village middle school to move to FiDi

    February 19, 2010 04:33PM

    Another school is coming to the Financial District, following a unanimous vote from the Panel for Education Policy last month. The Greenwich Village Middle School, which currently enrolls 215 students, will relocate in the fall to 26 Broadway, an office building near the Bowling Green. The two-floor space will give the school a new library and computer lab (though, as parents have lamented, no gymnasium) and will allow it to increase its attendance to up 361 students. The school currently shares a space on Hudson Street with P.S. 3, leading to overcrowding. Parents and local politicians had originally opposed moving the school out of their neighborhood, arguing for a move to a state-owned building at 75 Morton Street, instead. But city negotiations to buy the Morton Street property stalled, and 26 Broadway was the remaining option. Private school Claremont Preparatory Academy, based at 41 Broad Street, has also announced plans to expand this year into a 200,000-square-foot space at office building next door, at 25 Broadway. [Downtown Express]

  • The Chetrit Group paid $34.925 million to buy a leasehold interest on a
    portion of the ground under the former Standard Oil Building at 26
    Broadway in Lower Manhattan, a building it bought two years ago. Midtown-based
    property investment company Chetrit Group bought the 31-story office
    building at the corner of Broadway and Beaver Street — as well as two
    out of three parcels of land under the building — in March 2007 for
    $225 million. But the third parcel, known as the Smathers Parcel,
    remained under separate ownership through a long-term lease, city
    property records show. Chetrit Group closed on the purchase of
    the Smathers Parcel Dec. 30, after going into contract in March 2007,
    city records published yesterday show. … [more]

  • The Juvenile Diabetes Research Foundation, a marquee tenant at the
    Silverstein Properties-owned 112 Wall Street, could be signing a lease
    with another landlord for nearly 50,000 square feet at 26 Broadway,
    seven blocks west of the non-profit’s current headquarters, the New
    York Observer reported. The building was purchased by the Chetrit Group
    for $225 million in April 2007. Studley’s Howard Nottingham and Adam
    Singer are representing the Juvenile Diabetes Research Foundation, and
    Newmark Knight Frank’s Howard Kesseler is representing the landlord in
    the transaction. … [more]

  • Old sports museum to become school

    June 19, 2009 08:38AM

    The Department of Education plans to convert the former Sports Museum
    of America
    space in 26 Broadway into a school. The museum went bankrupt
    and closed earlier this year. The city has not signed a lease yet for
    the 45,000-square-foot space, but a spokesperson said it is “very close
    to an agreement.” The space could become a home for the Greenwich
    Village Middle School, which needs to move out of its current building
    in fall 2010 due to overcrowding. The new space would provide seats for
    1,000 students, but it is unclear when it would be ready. … [more]