News: Brokerage

Galin and Simel of Handler Real Estate Org. represent tenant in 3,420 s/f lease

Handler Real Estate Org. has arranged a seven-year, 3,420 s/f lease at 226 West 37th St., with The Winthrop Group taking the entire 17th floor. "Winthrop is an elite company that documents historical information for a cadre of organizations," said Scott Galin, a principal with Handler, who along with senior managing director Peter Simel represented the tenant. "It was important to Winthrop that they remain in the Fashion District, a neighborhood with a great creative atmosphere, and where they can house their entire staff on one floor, in high-end, well-located space." Bret Maslin, of Adams & Co., represented the landlord, Yoral LLC. Located between Seventh and Eighth Aves., 226 West 37th St. is a 16-story, 78,000 s/f office building with convenient access to numerous subway and bus lines, as well as both Penn Station and the Port Authority Bus Terminal.
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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