News: Brokerage

Buslik and Schwartz of Adams & Co. Real Estate broker 10,359 s/f lease

Adams & Co. Real Estate, LLC brokered an eight-year, 10,359 s/f lease at 11 E. 26th St. for the EastWest Institute. This not-for-profit organization is a leader in developing measures for security and peace between multiple international territories. The institute will use its new space for general and executive offices. James Buslik and Jeffrey Schwartz of Adams & Co. represented the landlord, while Greg Wang and Richard Plehn of FirstService Williams Commercial Real Estate represented the tenant. "11 E. 26th St. is a sought after building that attracts a diversified list of high-profile tenants," said Buslik. "This was the ideal location for the EastWest Institute to expand its U.S. headquarters." Built in 1912, this 21-story, 217,991 s/f building overlooks Madison Sq. Park. Notable tenants include Regency International, Vivre Inc., Economics Research Association and Humanscale. Founded in 1980, the EastWest Institute is a global, action-oriented organization that focuses on confronting critical challenges that endanger peace. The company motivates governments, businesses, civil societies and global self-organizing social network groups to take collective action in response to potential security threats. The East West Institute has spearheaded global security initiatives and preventative diplomacy issues. Adams & Co. Real Estate is among the top five leasing companies in New York City, as measured by total square feet. The full-service real estate firm is responsible for millions of square feet of office space and provides property management, brokerage and consulting services throughout Manhattan by teaming experience with innovation.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account