News: Brokerage

CB Richard Ellis and Staubach Co. complete 16,003 s/f at 33 Whitehall St.

CB Richard Ellis (CBRE) has recently completed two leases totaling 31,125 s/f. CBRE arranged a 10-year, 16,003 s/f lease at 33 Whitehall St. on behalf of the landlord, Broad Financial Center LLC. Russo, Keane & Toner, a private law firm, will occupy the entire 16th floor. Jonathan Cope, first vice president at CBRE, arranged the lease with Edward Goldman, executive vice president, on behalf of the landlord. Scott Cahaly and Daniel Suozzi of The Staubach Co., represented Russo, Keane & Toner. CBRE arranged a 10-year 15,122 s/f lease on behalf of P/S/L Group America LTD at 1140 Avenue of the Americas. P/S/L Group will occupy the 14th and 15th floors at 1140 Ave. of the Americas (at 44th St.). Paul Amrich, executive vice president, CBRE, arranged the lease with Patrice Hayden, vice president, and Fernando Urrutia, associate. Lindsay Ornstein and Patrick Robinson, of Robinson Ornstein Real Estate Advisors, represented building ownership, Stellar Management.
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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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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
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