Crawford of HLC Realty brokers $15 million sale; American Realty Capital is buyer

Harden Crawford IV, principle of HLC Realty, LLC, a commercial real estate brokerage and investment firm out of Westport, Conn., has brokered the sale of 16 New Scotland Ave. for $15 million. The sale price represented $278 per s/f. 16 New Scotland Ave. is a 100% occupied newly built 54,000 s/f, three-story medical office/retail building. The building was built in 2009 by Columbia development and is across the street from the Albany Medical Center campus. The property was purchased by American Realty Capital.

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The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Manhattan, NY The Feil Organization has signed a 15-year, 46,000 s/f renewal with Thompson Coburn LPP at 488 Madison Ave. The national law firm has occupied the entire 14^th and 15^th floors since 2002, and as part of the

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

CBRE leases 9,527 s/f to Cypress Creek Renewables at 530 Fifth Ave.

Brookfield Properties welcomes TABLET WORKS to Brookfield Place

Brookfield Props. welcomes TABLET WORKS to Brookfield Pl.

Horizon Kinetics relocates new headquarters to Tishman Speyer’s Rockefeller Center

Horizon Kinetics relocates to Tishman Speyer’s Rockefeller Center

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NYSCAR December 2025 president’s message - by Robert Strell

Columns and Thought Leadership

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

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.

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

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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,