News: Brokerage

CBRE leads CoStar's 2015 midyear Manhattan office leasing list; Posts 22 of the top 50 deals

CBRE Group, Inc. turned in the top performance on the 2015 Midyear List of Top Office Leases, responsible for 22 of the top 50 transactions, according to CoStar's top-50 list, published by Crain's New York Business. CBRE had five of the top 10 deals, representing Morgan Stanley in its 414,759 s/f renewal at 750 Seventh Ave.; Bloomberg in its 340,428 s/f new lease at 919 Third Ave.; J. Walter Thompson in its 288,793 s/f renewal at 237 Park Ave., and WeWork in its 178,441 s/f new lease at 1460 Broadway. Two of the top five transactions featured CBRE on both sides of the deal—CBRE and SL Green Realty Corp. represented the landlord in Bloomberg's lease at 919 Third Ave., and CBRE and Fisher Brothers Management Company represented the landlord in Fortress Investment Group LLC's 200,720 s/f new lease at 1345 Avenue of the Americas. "CBRE is pleased to be in a strong position at the midyear mark," said Matt Van Buren, president of the firm's New York tri-state region. "Heading into the second half of the year, we look to harness this momentum to drive even greater results for our clients and our firm."
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,

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
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,