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.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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
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 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.
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