News: Brokerage

Adams & Co. completes five leases totaling 6,249 s/f

Adams & Co. Real Estate, LLC completed the following five deals totaling 6,249 s/f: * A five-year, 2,637 s/f lease at 110 W. 40th St. for Gerald Hespos. David Levy and Michael Greenberg of Adams represented both the tenant and the landlord. * A five-year, 1,000 s/f lease at 263 W. 38th St. for MiddleBlue. Brett Maslin of Adams represented the tenant while Scott Galin of Handler Real Estate Services represented the landlord. * A five-year, 896 s/f lease at 231 W. 39th St. for True Divinity, LLC. James Buslik and Jeffrey Buslik of Adams represented the landlord while Richard Pugatch of CBC Hunter Realty represented the tenant. * A four-year, 891 s/f lease at 4-10 W. 33rd St. for French Craft Leather Goods Co., Inc. Levy represented both the tenant and the landlord. * A three-year, 825 s/f lease at 110 W. 40th St. for Segerman USA, Inc. Levy and Maslin represented both the tenant and the landlord.
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CM&B completes Activate Games’ NYC debut in Union Square

Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
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Columns and Thought Leadership
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,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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

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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