News: Brokerage

Abramson of Buchbinder & Warren hosts VIP open house for retail listing

New York, NY William Abramson, director of brokerage at Buchbinder & Warren, hosted a private VIP broker open house at his ground-floor retail listing, 601 Madison Ave., which is considered to be one of the most exclusive retail locations in the world. The evening offered guests a chance to take a private tour of the six-floor Madison Ave. building while sipping on cocktails made to order by 50 Bleu Vodka and dine on hors d’oeuvres from Carlyle off the Green. The event took place on the ground and second floor retail space with music to set the atmosphere by DJ Annie Solange.

During the event, guests were given the opportunity to have caricatures drawn on the spot by caricature sketch artist Anthony Kiernen.

Baynes & Baker, a custom suit maker new to Manhattan, was at the event taking measurements on the spot for brokers looking to purchase a new summer suit.

Guests stayed late into the evening and included a mix of executives in the fashion and real estate spheres, including Lori Buchbinder, principal of Buchbinder & Warren, and William Abramson, director of brokerage at Buchbinder & Warren Realty Group.

For Lease: 601 Madison Ave.

601 Madison Ave. is a flagship retail opportunity that proves an unparalleled branding opportunity to the next tenant.  Rarely does an entire building become vacant on this world-class commercial corridor, allowing for such unprecedented branding presence to the world.  Neighbors include: Coach, Cavalli, Prada, Lalique, Fendi, Fratelli Rosetti, Bottega Vaneta and Hermes, just to name a few.

The 30,060sf property features 52 ft. of frontage on Madison Ave. and 12’6”ft. height ceilings, along with a retail floorplate of 4,600 s/f, five additional floors of 4,300 s/f and a penthouse of 3,400 s/f, plus an 800 s/f terrace and 4,900 s/f lower level, the design options are limitless. Reasonable subdivisions will be considered.

Leasing is being handled by William Abramson of Buchbinder & Warren Realty Group, LLC. As an affiliate of Buchbinder & Warren, a firm established almost 60 years ago, Buchbinder & Warren Realty Group has acquired a thorough knowledge and understanding of New York City’s often complex real estate marketplace.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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 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
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
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.