News: Brokerage

EVO Real Estate completes 12 leases totaling 21,086 s/f

EVO Real Estate Group has made a strong start this year, with 12 leases totaling 21,086 s/f signed in recent weeks. The deals include: * Ira Fishman represented Fireproofing Corporation of America in its lease of 2,910 s/f on the ground floor and 2,400 s/f in the basement of 347 West 36th St. Barry Bernstein, also of EVO, represented the landlord. * Evan Lieberman, along with Michael Dylan of Inceptum Inc., represented insurance company The Wellington Group in a sublease of 2,500 s/f from Playscripts Inc. at 450 Seventh Ave. Barbara Rascob and Yvonne Chang represented landlord Kaufman Organization in house. * Howard Epstein represented 16 West 36th St. in the building's lease of 2,354 s/f to PingMD, Inc., a mobile communication tool for pediatricians and parents. PingMD's broker was Lance Leighton of Savills Studley, Inc. * Epstein represented the landlord and tenant in JGM Construction Group, LLC's lease of 2,109 s/f t at 16 West 36th St. * Lieberman, along with Michael Dylan of Inceptum Inc., represented both the landlord and tenant in 246 West 38th St.'s lease of 1,875 s/f to Prime Potomac Group, a consulting firm. * Elliott Klein represented 276 Fifth Ave. in the renewal of 1,792 s/f by Imperial Marketing Services, Inc. * Lieberman, with Michael Dylan of Inceptum, Inc., represented Danice Stores Inc. in its renewal of 1,700 s/f at 525 Seventh Ave. Steve Marvin represented Olmstead Properties in house, along with Brian Neugeboren of Savitt Partners. * Lieberman, again with Michael Dylan of Inceptum, Inc., represented fashion firm O-Z Fabrics in its lease of 1,400 s/f at 248 West 35th St. * Epstein represented the landlord and tenant in WB Decorators, Inc., a floral arranger, in its renewal of 955 s/f at 16 West 36th St. * Jonata Dayan represented Metropolitan Manufacturing Inc., a women's clothing manufacturer, in its lease of 940 s/f at 366 Fifth Ave. Rick Brickell of Joseph P. Day Realty Corp. represented the landlord. * Epstein represented Tricor Group LLC, which markets, distributes and trades nonferrous metals, in its renewal of 741 s/f at 183 Madison Ave., a Tishman Speyer property. Rob Weller represented Tishman Speyer in house. * Manny Syskrot represented SMAI NYC, a ladies apparel wholesaler, in its lease of 350 s/f at 1385 Broadway. Jack Gabay represented the landlord in house. "In the coming year, we expect to further strengthen our capabilities in both landlord and tenant representation, especially now that we're a member of NAI Global," said EVO president Dana Moskowitz. "With these leases, it's clear that we're off to a good start."
MORE FROM Brokerage

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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
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