News: Brokerage

Abdo of Winoker Realty negotiates 4,900 s/f; Davis of Edward Warren assists

Commercial brokerage firm Winoker Realty Company, negotiated a new, 4,900 s/f lease at 330 East 59th St. in the Turtle Bay neighborhood. Corey Abdo, senior vice president at Winoker Realty, negotiated on behalf of the owner, Brause Realty, Inc. Dan Davis of Edward Warren and Company represented the tenant, Holland and Sherry. Holland and Sherry is relocating its showroom from 979 Third Ave. The lease-which encompasses the entire top floor of the eight story building-carries a 10-year term.  The loft-style 1940s building offers asking rents at $37 per s/f.
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Columns and Thought Leadership
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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,