News: Brokerage

Rock and Roll Hall of Fame Annex coming to SoHo in November

Mayor Michael Bloomberg, Billy Joel, Clive Davis, Rock & Roll Hall of Fame and Museum CEO Terry Stewart and Rock & Roll Hall of Fame Foundation CEO Joel Peresman recently revealed that the Rock and Roll Hall of Fame and Museum will open an annex in New York City in the heart of SoHo. When the 25,000 s/f annex opens in November, it will be one of the first locations outside the museum's home in Cleveland. NYC & Co. CEO George Fertitta and Dept. of Cultural Affairs commissioner Kate Levin joined the unveiling, which took place at 76 Mercer St., the future site of the annex. "New York City is well known as a vibrant place for aspiring artists and musicians, and some of the most internationally-celebrated musical performers of this century have had their start right here on our streets," said mayor Bloomberg. "It's only fitting that the role New York City has played in launching the careers of so many of the world's most talented artists-like Rock and Roll Hall of Famers Paul Simon, Blondie and the Velvet Underground-on the world's greatest stages-like the Fillmore East, the Apollo Theater, and Madison Square Garden-be recognized and honored with the opening of the Rock and Roll Hall of Fame Annex." The facility will focus on the defining moments in rock and roll history and will be designed to resonate with both the casual music fan and the seasoned rock enthusiast. It will feature exhibitions, including a permanent "New York Rocks" gallery that will highlight key locations around New York City that have musical significance. The annex will also showcase selected relics from the Rock and Roll Hall of Fame and Museum's vast collection, including Bruce Springsteen's 1957 Chevy, John Lennon's Record Plant Piano, Elvis Presley's motorcycle jacket, a handwritten poem by Jim Morrison and more. The annex will open in November, but advance tickets will be available beginning in October. NYC & Co., the city's official tourism, marketing and partnership organization, partnered with the Rock and Roll Hall of Fame and Museum to help create the "New York Rocks" exhibit and develop co-branded merchandise and promotional items for the annex, including maps and itineraries so that visitors can experience historical sites firsthand. The annex will be sponsored by Citi, Best Buy, Diesel for Bloomingdales, Gibson and Continental Airlines, with additional supporting partners Sony, Sennheiser, Klein + Hummel, and Kohler. Visitors to the annex will receive headphones connected to a state-of-the-art wireless audio system so that when they visit different exhibits, they hear relevant music specific to the gallery they are in. The galleries include: * Hall of Fame; * Immersive Theater; * Roots & Influences; * Moments to Movements; * New York Rocks; * Cleveland Gallery; and, * Special Rotating Exhibit, which will feature one select artist or band, with special attention to their time spent in New York City, rotating every six to nine months.
MORE FROM Brokerage

NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking