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."
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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
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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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,