News: Brokerage

Horowitz and Peck of Studley secure 25,779 s/f

Reproductive Medicine Associates of New York (RMA), has signed a lease renewal for 25,779 s/f of space comprising 2.5 floors at 635 Madison Ave. Daniel Horowitz, executive VP, and Jeffrey Peck, senior managing director of Studley, represented RMA in the lease renewal. The buildings owner, Ashkenazy Acquisition Corp., was represented in-house by Andrew Wexler. The Studley team of Horowitz, Peck, and Christopher Foerch brokered the lease for RMA's first Brooklyn office in 2011. "As far as RMA's Manhattan practice, 635 Madison Avenue offered the perfect balance of location, prestige, and quality of ownership," Horowitz said. "Patients know the location, and the tenant saw a tremendous benefit of staying in the space given the tremendous institutional history." Asking rent for office space at 635 Madison Avenue is in the $90-100 range. "We're delighted that 635 Madison will continue to serve as RMA's Manhattan home, which has been headquartered here since 2001," Peck said. "RMA of New York delivers the best in compassionate patient care, and having a great Midtown location is part of that entire experience."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,
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
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.
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