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BREAKING NEWS THE EVENTS NoMo SoHo Hotel Launches First 20

NFT With Hotel Stay Experience The Jewish Museum 26th Annual Most Amazing New York Art & Design Tour

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Corenet Women’s Golf Outing Partners with Bees Trees Water

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UJA-Federation of New York’s Hospitality Division Honors Ian Schrager

NoMo SoHo and its ownership, the global real estate and investment firm Sapir Corp Ltd., have launched a curated non-fungible token (NFT), making the hotel the first in the U.S. to offer guests an innovative way to book stays using blockchain technology. The sleek, 26-story, 264-room NoMo SoHo, managed by Highgate, is the tallest building in the neighborhood, flaunts sweeping panoramas of the city skyline and is home to the neighborhood’s NoMo Kitchen restaurant and cocktail bar Nina’s x Liquid Lab. Using SolidBlock’s platform and technology, NFTstays (a selection of curated NFTs) are packaged with three- to six-night stays at NoMo SoHo. Guests booking these packages will have access to exclusive preferred rates at competitive prices by purchasing an NFT depicting a recognizable part of the

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REBNY Hosts Annual Golf & Tennis Outing

hotel. NFT options include The Lovewall in 30 NoMo Kitchen and “The Tunnel of Love,” the hotel’s archway at the main entrance. NFT packages start at 0.4 1 ETH ($836).

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CHIP’s 21st Annual Golf & Tennis Outing

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Photo courtesy of Business Wire 15th Annual Hamptons Happening Supports SWCRF

Century 21 Returns Crohn’s & Colitis Foundation

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Local New York City retail legend Century 21 is making a comeback, relaunching in Spring 2023 at its flagship location downtown across from the World Trade Center. The retailer and purveyor of off-price luxury fashion have teamed up with global premium experiences company Legends to return to physical retail. The chain, which at one point had 13 stores in New York City and environs, filed for bankruptcy and shuttered all of its locations in September 2020, citing a lack of payment on its business interruption insurance (due to enforced closing as a result of COVID-19) as a cause. The flagship had also been closed in 2001 as a result of the 9/11 attacks, but had received insurance payments at that time. “Century 21 is, and always will be, a New York City brand,” said Raymond Gindi, Century 21 co-CEO. “Our flagship store has been a

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long-time symbol of this city’s resilience and unwavering spirit. We could not be more excited to bring Century 21 back home.”

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Raymond Gindi IG Gindi Photos courtesy of Century 21 Having a Voice: Student Input Aids Design of Pratt Residence

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FedEx Takes 2,276SF at 477 Madison Ave. 80 86 102

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FedEx has signed a long-term lease for 2,276 square feet of retail space at the newly repositioned 477 Madison Ave. office tower in Midtown, announced Retail by Mona.

“FedEx chose this location not only for the foot traffic and dense office community, but also for the building itself,” said Brandon Singer, CEO of Retail by Mona. “The move from its location a few blocks to the west combined with RFR’s significant investment in the building and its retail spaces signals confidence in the future of the Midtown office market.”

Landlord RFR Realty was represented by a Retail by Mona team led by Singer along with Michael Cody and Sara Armet. FedEx Office was represented by Joshua Strauss and Scott Zinovoy of Newmark.

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Commercial Corner: Bruce Schanzer, president and CEO of Cedar Realty Trust

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By The Numbers:

More than Warehouses

477 Madison Ave.

Photo courtesy of RFR

Long Island Regional Planning Council designates JLL’s Midway Crossing a “Project of Regional Significance”

The Long Island Regional Planning Council, the region’s leading planning body, has designated JLL’s proposed Midway Crossing development in Suffolk County, New York, a “Project of Regional Significance.” The $2.8 billion project is being developed in a public-private partnership between the Town of Islip, Suffolk County and JLL.

Located in Ronkonkoma in the Town of Islip, the 2.7-million-square-foot development consists of medical research, healthcare, hotel and convention center, sports, entertainment and retail components. Midway Crossing also would create an intermodal, transportation-oriented hub, modernizing and moving Long Island MacArthur Airport’s terminal to the property’s north side.

The airport and the Ronkonkoma LIRR Station would be connected via a walkable 1,800-foot corridor, with Midway Crossing’s elements occupying 179 acres of under-used and undeveloped land mostly owned by the town and the county. A true “train-to-plane solution,” Midway Crossing leverages $15 billion-plus in investments in the MTA’s East Side Access and Main Line Expansion projects to allow millions of New Yorkers to travel between New York City and the airport.

Marotta Controls Opens Second Facility in Parsippany

Aerospace and defense supplier Marotta Controls has opened a second facility located in Parsippany, New Jersey. The company will retain its Montville, New Jersey buildings, using the freed-up space to expand its production capacity, development labs and testing facilities.

The move is driven by a significant growth across Marotta Controls, which has operated solely out of its Montville location for more than seven decades. The company has added more than 200 members to its employee base. Its solutions in markets outside its legacy valve offerings are shifting from development phase to volume production, creating the need for exponentially more manufacturing and assembling capacity on site.

The company’s executive and main business functions — including the engineering, human resources, program management, marketing and finance departments— will relocate to the Parsippany address, which spans 50,000 square feet.

Skyview On the Hudson Taps Akam for Property Management

Skyview On the Hudson has appointed Akam as its new property management team. Akam, a residential property management company serving New York and South Florida, is now the top choice in management for properties within the Bronx neighborhood of Riverdale, the firm announced.

New Riverdale properties now under management include Skyview On The Hudson, a three-tower complex located at 5700, 5800 and 5900 Arlington Ave. and several other prestigious properties in the area. These new additions join Akam’s existing Riverdale buildings.

“Akam is elevating the bar for property management, recognized for our hospitality-driven approach service which is unique for this industry,” said Michael Rogoff, president. “Riverdale is the ultimate balance between urban and suburban living. We look forward to bringing our boutique sensibility with big capabilities to these incredible communities, and further enhancing them with services that combine the best of both worlds.”

Akam’s portfolio consists of over 60,000 residential units spanning 300-plus premier buildings.

Marotta Controls

Photo by Business Wire