News

The brokerage firm reports that the fundamentals of the Northern New Jersey are poised to continue to improve steadily entering 2020.

The sporting goods retailer will house its logistics and distribution operations in 312,373 square feet of space at the newly built 569,147-square-foot facility, reports CBRE, which was a broker in the transaction.

Levin Management Corp. and Rosemark Management, Inc. have secured a $200 million loan for the property once home to the Paramount Theater.

New York City-based Fundamental Advisors has reportedly sold its 75% stake in the 53-story property at 55 E. Pearson St. to LCS of Des Moines, IA and Senior Care Development of Harrison, NY.

The city's Rebuild program reports that in the first 12 months since the beverage tax funding was released, work has begun at 61 facilities across the city.

Cohen is EVP, chief administrative officer and general counsel of MacAndrews & Forbes Inc. of New York City. Cohen previously served as secretary to New York Governor Andrew Cuomo, as well counselor and chief of staff in the Office of the New York Attorney General under Attorney General Cuomo.