News: Brokerage

Holzman of Staubach negotiates 4,948 s/f lease for World Gold Trust Services at 424 Madison Ave.

The Staubach Company represented World Gold Trust Services in negotiations for a new lease at 424 Madison Ave. The 4,948 s/f transaction will provide the gold market intelligence firm with a full floor of space in Midtown, close to the firm's previous location. "Staubach conducted a comprehensive site search on behalf of World Gold Trust Services that focused on locating adequate space with an environment of understated elegance that is conducive to the firm's client base, at a competitive market rate," said Zev Holzman, an associate with Staubach New York who led negotiations for World Gold Trust Services. "The space at 424 Madison Ave. will enable the firm to continue to serve its clients in the same neighborhood.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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