News: Brokerage

Amrich, Hayden and Urrutia of CBRE arrange 15,122 s/f lease

CB Richard Ellis has arranged a 10-year 15,122 s/f lease on behalf of P/S/L Group America LTD at 1140 Ave. of the Americas.  Paul Amrich, executive vice president of CBRE, arranged the lease with Patrice Hayden, vice president, and Fernando Urrutia, associate. Medical information and communications firm P/S/L Group will occupy the 14th and 15th floors at 1140 Ave. of the Americas.  Located at 44th St., the building is set to undergo a redevelopment.  The building's owner and developer, Stellar Mgmt., has designed and conceived an enhancement plan that will include a new exterior glass curtain wall, a technology upgrade, new ground level entrance, lobby and public areas, upgraded elevator cabs, common areas and bathrooms and the ability for tenants to control their HVAC 24 hours a day.  Lindsay Ornstein and Patrick Robinson, of Robinson Ornstein Real Estate Advisors, represented Stellar Mgmt.
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Columns and Thought Leadership
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
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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