News:
Brokerage
Posted: December 23, 2010
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.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Quick Hits
Columns and Thought Leadership
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
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
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,
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,
