News: Brokerage

Buslik and Lorberbaum of Adams & Co. rep tenant in 5,200 s/f lease

Adams & Co. Real Estate, LLC brokered a three-year, 5,200 s/f lease at 18 E. 41st St. for ProMed Personnel Services. Jeffrey Buslik and Matthew Lorberbaum of Adams & Co. Real Estate, LLC represented the tenant while James Gladstone of Walter & Samuels, Inc., represented the landlord. "ProMed Personnel is extremely happy in the current space, and we are happy to see them renew in this great building that is central to major transportation and right next to Bryant Park," said Buslik. Built in 1913, this 21-story, 112,000 s/f building features 24/7 access and notable tenants include Deutsch Coffey & Metz, IACE Travel, Phonextra and Republic of Gabon. Retail tenant includes Hiro San.
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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
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,

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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

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.