News: Brokerage

Capstone Equities selects Abigail Michaels for concierge services for 14 Wall St.'s comm'l. tenants

Abigail Michaels Concierge Company has been retained by Capstone Equities to provide concierge services for 14 Wall St.'s commercial tenants. Companies leasing space at the 37-story building include the NY Stock Exchange, Skidmore Owings & Merrill Architects, FJ Sciame, NYU Medical Center and The Street.com. Joshua Zamir, Capstone Equities' managing principal, said, "We are pleased to have one of the first commercial buildings in New York to offer these kinds of upscale lifestyle amenities to commercial tenants. Retaining one of the city's top concierge companies, goes 'hand in hand' with Capstone's plan to elevate services in the building to attract and retain tenants."
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OPEN Impact Real Estate secures 77,000 s/f lease of former Catholic School

Brooklyn, NY OPEN Impact Real Estate (OPEN) has arranged a 15-year lease totaling 77,000 s/f for Launch Expeditionary Learning Charter School, part of Launch Schools, securing one of the city’s few available purpose-built educational
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Columns and Thought Leadership
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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.