Recent Lease:
$13.50 Square Foot
$148,500 Approximate annual rent
18 Stewart Street
(between Bushwick Ave & Broadway)
A lighting and holiday display company, relocating from Williamsburg, has signed a five year lease, with a five year option to renew, for an 11,000 square foot space in this 21,000 square foot industrial building.
Tenant: Illuminations by Arnold
Landlord: 18 Stewart LC
Brokers: Grant Dolgin & Robert Klein
Kalmon Dolgin Affiliates
August 4, 2023
400 new affordable apartments were announced for the Financial District this past week. Roughly a third of the new buildings at 5 World Trade Center, will be set aside for middle- and working-class New Yorkers, with 80 of those apartments earmarked for people who lived and worked near the old World Trade Center as well… Read more »
May 22, 2023
“The mortgage refinancing boom is over, but its impact will be seen for decades to come”. Fed data shows that about 14 million mortgages were refinanced during the pandemic period starting in March 2020. Some 64% were considered “rate refinances,” or homeowners looking to take advantage of lower borrowing costs. Average savings totaled about $220… Read more »
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