News: Brokerage

Epstein of HSP Real Estate arranges 2,526 s/f lease for Indiewalls

Howard Epstein,
HSP Real Estate Group

Manhattan, NY Howard Epstein, director/leasing, HSP Real Estate Group, a member of NAI Global, has arranged a lease at 16 West 36th St. for Indiewalls, Inc., an international consulting firm that curates art collections for developers, hotels, restaurants and more. The 2,526 s/f office is located between Fifth and Sixth Aves., close to Grand Central, Penn Station and Bryant Park. The new tenant is relocating from 335 Madison Ave.

“Indiewalls is an organization that provides both a crowdsourcing platform for independent artists and art consulting services to businesses and residences around the world,” said Epstein. “This building is an excellent choice for the organization because of its central midtown location and exceptional accessibility to public transportation.”

Epstein represented the landlord Kiamie Industries Inc. The tenant was represented by Lee & Associates. Asking rent for the five year-plus lease was $52 per square foot.

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,