News: Brokerage

Adams & Co. brokers four leases totaling 13,053 s/f

Adams & Co. Real Estate has closed four deals along Seventh Ave. totaling 13,053 s/f: * A three-year, 5,575 s/f lease and 291 s/f expansion at 463 Seventh Ave. for Amerimade Coat, Inc. David Levy of Adams & Co. represented the tenant and the landlord, The Arsenal Co., LLC. * A 10-year, 2,950 s/f lease at 307 Seventh Ave. for Adventure Publishing. Joseph Friedman of Adams & Co. represented the tenant while Peter Liptrot of Bernstein Real Estate, represented the landlord. * A three-year, 2,737 s/f lease at 463 Seventh Ave. for Planet Motherhood. Levy represented the tenant and the landlord, The Arsenal Co. * A five-year, 1,500 s/f lease at 352 Seventh Ave. for NYS Industry for the Disabled (NYSID). Michael Hymowitz of Adams & Co. represented the tenant while Nathan Wasserman of AM Property Holdings represented the landlord, AM Property Holding Corp. "Demand for space along Seventh Ave., both in and around the Fashion District, is strong and it will always be a sought-after destination because of the value for space, central location and close proximity to all major transportation," said Levy, principal of Adams & Co.
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,

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,
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
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