News: Shopping Centers

Cohen and Rosner of NKF arrange 12,000 s/f on behalf of Skyline Dev.

According to Skyline Developers president Orin Wilf, the firm has completed the signing of a 15-year lease for the entire 12,000 s/f 10th floor of 1040 Avenue of the Americas to Northeast Power Coordinating Council. As exclusive leasing agent, Newmark Knight Frank (NKF) executive vice president William Cohen arranged the transactions on behalf of Skyline Developers. Northeast Power Coordinating Council was represented by Barry Rosner, senior managing director at NKF. 1040 Avenue of the Americas, a 24-story, 256,000 s/f office building in the Midtown area, situated on the Northeast corner of 39th St. and Avenue of the Americas. NKF is the leasing agent for 1040 Avenue of the Americas.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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