News: Brokerage

Evans of Platinum Properties reps QT Talk in 5,767 s/f lease at 45 Broadway

Platinum Properties has brokered a 10-year commercial office lease. Platinum's client, QT Talk, LLC, signed a lease for 5,767 s/f on the 14th floor at 45 Broadway. QT Talk, which merged with Medcom LLC in 2006, will relocate from its present office at 5 Hanover Sq. to its new facilities by early May. According to Platinum agent Steven Evans, who represented QT Talk, the company was looking for a larger office space downtown that offered Hudson River views. Thomas Hettler of The Lawrence Group represented the landlord. "We are proud to have secured a new office space for QT Talk downtown," said Evans. "The company has grown significantly over the past few years and, as such, was looking for a more efficient layout that would enable them to conduct their day-to-day business, while providing natural light and impressive water views. Now when clients enter their office, they will be greeted in the lobby by a gorgeous waterfall and atrium, which definitely helped attract QT Talk to the space and will enable them to continue to make a great lasting impression." Khashy Eyn, CEO and president of Platinum, said, "We are excited to continue to grow our commercial practice. This new deal with QT Talk is just the latest transaction, and we are proud to offer clients a full-service firm that can assist with all their residential and commercial needs."
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
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
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,