News:
Brokerage
Posted: November 26, 2007
Buffalino and Guiffre of CB Richard Ellis broker 51,500 s/f lease
CB Richard Ellis arranged a 51,500 s/f lease at Building 141 JFK International Airport for North America Airlines, The international charter and scheduled service airline, to house its offices on the first and second floors of the multi-tenanted property. Louis Buffalino with CB Richard Ellis's global brokerage services and Ralph Guiffre with CB Richard Ellis's Long Island office negotiated the 10-year lease on behalf of North American Airlines. The building ownership, The Port Authority of New York and New Jersey, was represented by in-house counsel.
NorthAmerican, a wholly owned subsidiary of Global Aero Logistics, Inc., is a U.S. certificated air carrier offering passenger air transportation services throughout the world for the U.S. military and commercial customers.
Tags:
Brokerage
MORE FROM Brokerage
GFP Real Estate signs 5,082 s/f of leasing activity at 630 Ninth Ave.
Manhattan, NY GFP Real Estate today negotiated two office leasing transactions totaling 5,082 s/f at 630 Ninth Ave., underscoring continued demand for efficient, well-located office space on the
Quick Hits
 (2).gif)
Columns and Thought Leadership
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,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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
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
.gif)