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
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