The Real Deal New York

New Ventures

October 18, 2007

Newmark heads to Miami

The commercial brokerage has opened an office on Brickell Bay Drive in downtown Miami, after previously running its Florida operations out of its Atlanta office. Newmark recently advised South Florida’s largest employer, Burger King Corp., on a 250,000-square-foot headquarters consolidation as well as brokering a 75,000-square-foot lease for law firm White & Case.

Fenwick-Keats opens in Flatiron

Fenwick-Keats has opened a new storefront at 64 West 21st Street. The brokerage’s new location consists of a 3,000-square-foot duplex with an outdoor terrace and deck, and is the company’s fifth office.

First Upstate broker opens city office

Catskills real estate broker Frank Lumia has a new office on North Moore Street, and is likely the first Upstate broker to open a storefront in Manhattan. He markets nothing but properties in the Catskills. Since Lumia opened last month, three clients have gone into contract, New York magazine reported.

Winoker targets commercial co-ops

Winoker Realty has formed a new commercial co-op and condominium division for tenants who want to buy their office space. Jonata Dayan, who will be heading the new division along with David Winoker, president of Winoker Realty, has said there are only 40 to 50 buildings in Manhattan currently offering commercial co-op and condominium space for sale. During the first quarter of 2005, Winoker closed on or was in contract for six such transactions.

Metro Commercial expands to tri-state area

Metro Commercial Real Estate, a Philadelphia-based real estate firm, announced its expansion into northern New Jersey and the New York City area. The N.J. office will be located in Fort Lee. Jeff Lagowitz will be the principal in charge of the region.

Newmark to manage more projects

Newmark is growing its project management services by merging with affiliate Honour Inc. The new division will be called Newmark Project Management. Honour founder Jeff Estep will remain at the helm as managing principal.

Corcoran adds RSS feeds

The firm has introduced the latest online gadget on its web site to provide property listings and open house information. RSS feeds involve providing users with updates whenever new information is posted on a given web site.

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