News: Brokerage

Bonett of Adams & Company reps tenant in 5,126 s/f lease

Adams & Co. Real Estate, LLC brokered a 10-year, 5,126 s/f lease at 192 Lexington Ave. for the offices of Shulsky Properties Inc., a building management firm. Alan Bonett of Adam's & Co. Real Estate represented the tenant while Bruce Weinberg of CB Richard Ellis represented the landlord. "Shulsky Properties is extremely knowledgeable when it comes to the commercial real estate market in New York, so working with the company to find a new space was both challenging and rewarding," said Bonett. "They are very please with the new office and I am positive they will find it to be the perfect space and location for continued success." Built in 1927, this 17-story, 124,630 s/f building features a renovated lobby, elevators and façade. Notable office tenants include Peeq Media, Inc., Popper, Seger & Popper, CPAs, Global Industries and Procure. Retail tenant includes Sleepy's.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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

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
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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,