News: Brokerage

Gutierrez, Ceppos, Coleman and Paktinat of Colliers lease 6,500 s/f on behalf of developer FCRC

Yonkers, NY Colliers International has arranged, on behalf of developer Forest City Ratner Companies (FCRC), two, long-term office leases totaling 6,500 s/f at 73 Market St. The 250,000 s/f, class A office building is situated within FCRC’s mixed-use development known as Westchester’s Ridge Hill. Among the new transactions, Scarsdale Oral Surgery has signed a 4,000 s/f lease for a new oral surgery center. This location on the third floor of the trophy office building complement the practice’s three other locations in Westchester County. Additionally, global computer-based testing provider Pearson VUE - part of Pearson PLC and the Pearson Education family - signed a 2,500 s/f lease on the third floor of the building. Al Gutierrez, executive managing director for Colliers International, who along with senior managing director Ian Ceppos, director Stephanie Coleman, and associate Cameron Paktinat, exclusively represented the landlord.
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
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
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.