News: Brokerage

Berger of Monday Properties and Amrich of CBRE handle 49,000 s/f lease

According to Monday Properties, Satterlee Stephens Burke & Burke, LLP has signed a 15-year lease extension for 49,000 s/f at 230 Park Ave. Not including Satterlee Stephens' renewal, Monday Properties has inked 15 tenants totaling 100,000 s/f in the first quarter of the year at 230 Park Ave. Peter Hennessy, Martin Horner, Joseph Pollaci and Drew Saunders of Jones Lang LaSalle handled Satterlee Stephens' 15-year lease extension of 49,000 s/f on the 11th floor of 230 Park Ave. Monday Properties' Jordan Berger and CB Richard Ellis' team led by Paul Amrich represented the landlord.
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Columns and Thought Leadership
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.
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,
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

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account