Eynon of CBRE leases a total of 30,565 s/f at Empire State Building
The Empire State Building has leased a total of 30,565 s/f to two financial firms, Funaro & Co. and Goldin Associates, LLC, according to Stephen Eynon of CBRE, director of leasing for the property.
Funaro & Co., which is relocating from One Penn Plaza, leased the entire 41st floor of 20,008 s/f. Michael Burgio of Cushman & Wakefield represented the firm in the lease negotiations.
Goldin Associates, represented by Charles Borrok and Philip Weiss of Cushman & Wakefield, leased 10,577 s/f on the 18th floor.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
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
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.
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