News: Brokerage

ABS Partners Real Estate brokers three leases at 1916 Park Ave.

ABS Partners Real Estate, LLC has recently brokered three deals at 1916 Park Ave. for office and storage use. * Koen Media Productions signed a three-year lease to satisfy their need for larger post production facilities. * Super Surgical Corp., represented by Norman Franfort of Oak Real Estate, signed a three-year lease-relocating from Long Island. * Absolute Piano signed a two-year lease for inventory storage. The 145,000 s/f building's proximity and easy access to the Harlem River Drive and 125th St. combined with aggressive rents make it ideal for a variety of uses. Both light industrial and general office users needing good quality, affordable rent, in proximity to Manhattan's Upper East Side residential area, will find oversized freight elevator and loft style units possessing wonderful light, high ceilings and wood floors. Currently availabilities range from 320 s/f-10,000 s/f.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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,

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
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