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Owners of the Gargiulo's Restaurant in Coney Island, Brooklyn have implemented a 99-year ground lease on their property at 1517 Surf Ave., a near full-block of development land just blocks away from the Coney Island beach waterfront.
Workplace management platform Eden has become the matchmaker for enterprise businesses in search of third-party vendors, and the company has no plans on stopping as scaling up and rebranding becomes its top priority.
The. long-term lease deal was signed with New York City-based SJP Properties, which announced the transaction. Oracle is relocating its Bridgewater field office to the complex.
Glamping offers the benefits of potentially lower costs associated with developing and operating properties and as a result, leading hotel operators are now on the radar screens of select hospitality investors.