News: Brokerage

Famularo and Idnani of NYCRS broker three leases totaling 3,300 s/f

NYCRS agents James Famularo and Ravi Idnani signed three leases totaling 3,300 s/f. The deals include: * A 500 s/f lease at 215 West 83rd St. with Ivivva Athletica, the kid/youth arm of Lululemon. The store/showroom space is located between Amsterdam & Broadway. * A 1,300 s/f, seven-year lease at 65 Fort Washington. The former medical space is a ground floor professional office. Famularo and Idnani represented the tenant, RedStream Technology, a staffing firm. The landlord was Stellar Management. * A 1,500 s/f, seven-year office lease at 2308 Broadway on the Upper West Side. The tenant is IBid Prep, a children enrichment center. Idnani represented the tenant and Famularo represented the landlord.
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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