News: Brokerage

Buchbinder & Warren's Abramson and Diaz handle 1,750 s/f lease

Panchanga Inc, d/b/a FIKA NYC has leased another store at 180 Ninth Ave., aka 361 West 21st St. which is a corner retail unit with 40 feet of frontage. FIKA will occupy 1,000 s/f of retail space along with 750 s/f in the lower level. Andrew Hawkins and Kyle Williams of Transwestern Commercial Services, LLC represented the tenant. William Abramson and Elba Diaz of Buchbinder & Warren Realty Group, LLC represented the landlord. In September of 2006, FIKA opened its doors to its very first location in NYC. Swedish tradition and appreciation of a coffee-centric lifestyle served as inspiration for founder and co-owner Lars Ã…kerlund who saw an immediate love connection between Sweden and New York. Everything served is made in house, by hand, with the highest quality and care in mind. FIKA takes pride in sourcing the finest coffee beans, roasting them to perfection, and creating the most delicious savory and sweet foods imaginable. The menu is heavily inspired by Swedish heritage and flavors, but always with an innovative and modern twist. FIKA seeks to partner up with local suppliers whenever possible. The word FIKA [fee:kah] translates into taking a coffee break to indulge in the ritual of conversation, often accompanied by something sweet or savory. "I've put several tenants on this block, and FIKA is the perfect tenant for this corner location. There is no question in my mind they will succeed and be a nice addition to the neighborhood," said Abramson.
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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,