News: Brokerage

Emden team joins Newmark Knight Frank

A team of brokers headed by Robert Emden has joined Newmark Knight Frank, according to David Falk, president, N.Y. Tri-State region and principal of the real estate service firm. Robert Emden, Stephen Gordon, and David Emden join Newmark Knight Frank from PBS Real Estate, where they specialized in tenant representation in Manhattan's Plaza District. "We are very pleased to welcome Bobby and his outstanding team, noted for their expertise representing financial services firms, investment banks, private equity firms, hedge funds and law firms, especially in the Plaza District," said Falk. "We are confident that these highly experienced professionals will make a major contribution to our firm's continued growth." With 40 years of experience and $3 billion of lease obligations to his credit, Robert Emden began his career as the initial hire and subsequent partner of Edward S. Gordon & Co., later Insignia ESG and now CB Richard Ellis. He subsequently served as vice chairman of USI Real Estate Advisors prior to joining PBS as a principal five years ago. Gordon is credited with expanding PBS' tenant representation practice focusing on financial services, credited with completing nearly one million s/f of leasing. Previously, he was a top producer with USI Real Estate Advisors, and earlier represented tenants with Julien Studley. David Emden similarly helped grow PBS' tenant representation practice and has been recognized as a rising star in the industry. Prior to PBS, Falk was an associate vice president at USI. Combined, the team's financial services client list includes such names Kohlberg Kravis Roberts, Belfer Management, iStar Financial, Ziff Brother Investments, William AM Burden Company, Sanders Capital, Reservoir Capital, Ripplewood Investments, Guggenheim/Hartmoor, Lazard Middle Market, Lexington Partners, and many more. "We see Newmark Knight Frank as an excellent home for our practice," said Robert Emden. "The firm has many truly talented professionals, as well as a broad international platform that includes brokerage, project management, design and consulting. That combination greatly enhances our ability to serve our clients." "Bobby and his team's experience and reputation in representing financial services and high-end Plaza District tenants is well-established and a perfect match for our existing brokerage practice," said Barry Gosin, CEO of Newmark Knight Frank. "Their record speaks for itself, and that is the key reason we sought to bring them on board."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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,
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,