Inventory for all property types declined in almost all areas, except for Rockland’s condo and co-op markets, the latter with an 84.6% gain. The Bronx led the region for new listings, with a 31.9% increase.
PrimeSource, which is a leading manufacturer of proprietary brands and a distributor of premier third-party brands, will utilize the location to service New York, New Jersey, Connecticut and Pennsylvania.
CBRE announced that Chris Corrinet has been promoted to Vice Chairman, the highest rank for producers within the company. Since joining CBRE in 2005, Corrinet has completed more than 24 million square feet of transactions representing firms across a broad range of industries with a primary focus on financial services.
“Chris has carved out a remarkable career and we are extremely proud of his accomplishments,” said Matt Van Buren, President of New York Tri-State, CBRE. “We are thrilled that he has been named Vice Chairman, the pinnacle of achievement at CBRE.”
Corrinet has recently advised top asset management and consulting firms including Apollo, Bain Consulting, Boston Consulting Group, Corsair Capital, Davidson Kempner, Iconiq Capital, Kelso & Co, Maverick Capital, Northern Trust and Sound Point Capital. He has also completed some of the Tri-State area’s most noteworthy transactions over the last decade. In 2019, he represented Deerfield Management in its 320,000-square-foot acquisition of 345 Park Avenue South. In 2018 and 2021, he represented Hudson River Trading in its 210,000-square-foot expansion to 3 World Trade Center after initially leasing 70,000 square feet at 4 World Trade Center in 2016.
In 2016, Corrinet represented the National Hockey League in its 180,000-square-foot relocation to One Manhattan West. In that same year, he represented Major League Baseball in its 400,000-square-foot consolidation to 1271 Avenue of the Americas, and Citadel in its 210,000-square-foot anchor lease at 425 Park Avenue.
City and State honored 100 “New Yorkers who are on the front lines, creating jobs and spurring economic growth on the local, state and national levels.”
Adler has been an ardent supporter of many nonprofit organizations and serves or has served in numerous leadership roles on nonprofit boards throughout our region.
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