News: Brokerage

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.
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Columns and Thought Leadership
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,
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,

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