News: Brokerage

Famularo and Idnani of NYCRS secure two leases totaling 1,830 s/f; Klatsky of Time Equities reps landlord in 330 s/f lease

New York Commercial Real Estate Services, (NYCRS) secured two leases totaling 1,830 s/f. The first lease was for 1,500 s/f for a restaurant located at 342 Lexington Ave. The asking rent was $175 per s/f. James Famularo of NYCRS represented the landlord and Ravi Idnani represented the incoming tenant, Kale Health Food Corp. The lease was a ten year. They are looking to open three more locations this year. The second lease we signed was at 158 Lafayette Street for 330 s/f. Famularo and Idnani represented the tenant, SoHo Juice Bar. The landlord was represented by Scott Klatsky of Time Equities. The lease was a ten year lease.
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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

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