Overview
Sierra in the news
For a resource list of articles about real estate issues and transactions in the Greater New York metro area, please click here.
Milliken & Company has registered the Milliken Floor Covering New York showroom (875 Avenue of the Americas in the Greeley Square Building) with the U.S. Green Building Council's LEED® for Commercial Interiors (LEED-CI). Milliken carpets are PVC-free, chlorine-free, third-party certified, and 100 percent recyclable. For more information, visit www.sustainablecarpet.com.
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The Milliken Floor Covering showroom, located at 875 Avenue of the Americas in the Greeley Square Building, has registered with LEED for Commercial Interiors (LEED-CI). Non-toxic, environmentally friendly, adhesive-free Milliken carpet will cover floors.
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"The Sam Tell Companies leased new offices at 1375 Broadway where it is relocating from 345 Seventh Avenue and is roughly tripling in size...Peter Braus and Gabe Isaacs of Sierra Realty Corp. represented the tenant and are also representing the tenant on the sublease of its space 2,300 sf at 345 Seventh Avenue."
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Sierra Realty represents the owners of Fig & Olive in acquiring a second Manhattan location, in the city's meatpacking district.
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Peter Braus, of Sierra Realty Corp. acts for the owners of Ricoh’s new retail space in midtown Manhattan.
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Sierra Realty represents the owners of Fig & Olive in acquiring a second Manhattan location, in the city's meatpacking district.
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CHIP Board member James Wacht uses this primer to brief new staff members and to assist existing ones in keeping their knowledge current.
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Company of the Month. Leslie J. Garfield & Co. and Sierra Realty joint venture establishes LGS Bklyn; headed by Mc Ateer.
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Crain's
New York Business, August 8-14, 2005Real Estate Deals: Minneapolis chain expanding in NYC "Sierra Realty Corp., which represents Kuhlman here, wants to place the stores in locations that will help the brand attract young, sophisticated consumers, says Jim Wacht, Sierra's president."
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Observations on New York Real Estate
"Despite a local economy that is only now beginning to recover after three years of difficult times, weak leasing fundamentals that impact real estate values, plus operating costs that are increasing at a rate significantly higher than inflation, property values all over the five boroughs have soared." —James Wacht and Megan Breslin
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Post Focus on Commercial Real Estate: 25 Broad St. may hit condo jackpot
"Rockefeller Center is bringing in Anglo-Italian designers, the Kuhlman Company (exclusively represented by Sierra Realty Corp.), to a 1,373 foot space in the concourse."
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Post Focus on Commercial Real Estate: SL Green snags One Mad.
"Hornet Animations will soon create a buzz at 116 W. Houston St…..Building owner Y&R realty was repped by Peter Braus and Paul Torres of Sierra Realty Corp."
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Personality Spotlight—NYC: James Wacht, President, Sierra Realty Corporation
"We own residential and office buildings in Manhattan...provide third-party management services to other property owners...also provide leasing brokerage services to both landlords and tenants." —James Wacht.
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Commercial Real Estate: Industry Leaders Prescribe 'Cautious Optimism' Going Forward
"If the commercial development...and new developments planned for the city occur on a rational basis over an extended period of time, then these developments will only help ensure that New York City maintains its rightful position as the capital of the world."
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Post Focus on Commercial Real Estate: No bull about this bldg.
"Barry Sanet and Peter Braus of Sierra Realty found that this 1,699 square-foot spot would be great for the bank as it has seven-day traffic."
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Post Focus on Commercial Real Estate: Vornado Hits Soho
"James Wacht, president of Sierra Realty, along with brokers, Barry Sanet and Paul Torres, represented [Cooper, Robertson & Partners] in its expansion [at 311 W. 43rd St.) to 24,885 square feet."
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Wacht, Sanet and Torres of Sierra lease 28,885 s/f to C&R Partners
"Cooper, Robertson & Partners recently completed their lease renewal and expansion at 311 West 43rd Street. The Sierra Realty team of James Wacht, president; Barry Sanet, senior managing director; and Paul Torres, associate, represented C&R Partners in the negotiations."
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Dos & Don'ts
"If you want to keep control over certain fixtures in the tenant’s space, make sure that your lease specifically says you have this control." —James Wacht.
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"If given the opportunity, the savvy real estate practitioner should use the current opportunity in the marketplace to evaluate the entire landlord/tenant relationship with an eye toward strengthening the credit of the lease." —James Wacht.
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