News: Brokerage

Avison Young arranges 4,750 s/f lease to SharesPost

Arthur Mirante II, 
Avison Young

Manhattan, NY According to the New York office of Avison Young, a new five-year, 4,750 s/f lease has been completed for SharesPost Inc. on the 27th floor of Tower 45, the 458,446 s/f class A office tower located at 120 West 45th St. 

SharesPost, a leading global marketplace for trading private company shares and digital securities, will be opening its NYC headquarters in Tower 45.

An Avison Young team including Arthur Mirante II, principal and tri-state president, Mitti Liebersohn, president and managing director, John Ryan III, principal, Albert Wu, director, and Dominic Perkovic, associate, represented building owner Kamber Management Co. The tenant was represented by Matthew Lorberbaum at Newmark Knight Frank. 

“SharesPost was seeking a new office that would serve as its New York City headquarters as well as support the firm’s dynamic growth, and the space at Tower 45 was the logical choice,” said Mirante. “The office offers great light and terrific views of Times Square as well as a con-venient location with ample mass transit options.”

Ryan said, “We are pleased to execute this latest lease at Tower 45, demonstrating once again that the property’s location, strong amenities package and outstanding ownership appeals to a wide variety of tenants.”

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,

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
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