News: Brokerage

Bonett and Buslik of Adams & Co. broker 28,000 s/f lease to Saks Inc.: The 27,819 s/f lease spans over three connected buildings

Adams & Co. Real Estate, LLC has brokered a 10-year 27,819 s/f lease spanning for Saks Inc. over three connected buildings at 53 W. 23rd St., 49 W. 23rd St. and 30 W. 24th St. Saks Inc. is operator of Saks Fifth Ave., Saks Fifth Ave. OFF 5th and saks.com. "Saks Inc. is an iconic New York City brand and is recognized all over the world for exceptional retail stores, high-level customer service, and commitment to the fashion industry," said James Buslik, principal of Adams & Co. Alan Bonett and Buslik of Adams & Co. represented the tenant and landlord.
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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
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,

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

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