News:
Brokerage
Posted: December 31, 2024
Cushman & Wakefield leases 8,424 s/f
Manhattan, NY Cushman & Wakefield has arranged a full-floor, 8,424 s/f lease for Capalino at 730 Third Ave. Capalino, New York’s leading urban strategy firm, will occupy the entire 24th floor.
Cushman & Wakefield’s David Hoffman, Robert Billingsley and Sam Hoffman represented the tenant in the transaction.
“After a comprehensive search, Capalino selected Nuveen Real Estate’s 730 Third Avenue for its prime location, beautiful renovations and best-in-class tenant amenities,” said David Hoffman. “The property’s accessible location near Grand Central, its reputable landlord and the advantages of occupying an entire floor make it an exceptional choice for their business needs.”
Capalino is a strategic consulting firm that helps companies navigate New York City and State through its government relations, business and real estate advisory services. The firm’s clients include UPS, Macy’s, Javits Convention Center and the Times Square Alliance and they have worked on major economic development projects like the Highline, Hudson Yards and the Flushing rezoning.
730 Third Ave. is a 665,110 s/f office building with am auditorium and a full-service conference center. The property features an outdoor rooftop deck accessible to all tenants within the building.
Tags:
Brokerage
MORE FROM Brokerage
Investment Property Realty Group closes $2.65 million sale of 723 6th Ave. in Greenwood Heights
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.
Quick Hits
Columns and Thought Leadership
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
.gif)
August Promotion
