Schuckman Realty
News:
Brokerage
Posted: October 17, 2017
Schuckman, Colantonio of Schuckman Realty broker 3,500 s/f long-term retail lease at Mobil Building at 150 East 42nd St. with DeJaneiro Stores
Schuckman Realty
Schuckman Realty
Manhattan, NY Schuckman Realty’s Kenneth Schuckman and Matt Colantonio closed a 3,500 s/f long-term retail lease at the Mobil Building at 150 East 42nd St. with DeJaneiro Stores. The Schuckman team represented the tenant and the landlord.
Asking rent was $225 per s/f.
The store will occupies 2,100 s/f on the ground floor and 1,400 s/f on the lower level. The prior tenant was a pop-up clothing store.
“DeJaneiro is looking to take advantage of the enormous foot traffic at this location on a highly visible corner across from Grand Central Station,” said Colantonio.
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
Quick Hits
Columns and Thought Leadership
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,
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
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,
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
