News: Brokerage

CABOT GROUP leasing 30,000 s/f at Midtown Rising site

THE CABOT GROUP has been contracted by The Pike Development Company to act as the exclusive leasing agent for 30,000 s/f of class A office space on the top floor of the Seneca Building at the Midtown Rising site. "As a diversified commercial real estate advisory and services firm born in this city, it is always a goal of ours to do everything within our grasp to enable upward growth, economic development and overall prosperity within our community," said J. Michael Smith, chairman and CEO of THE CABOT GROUP. "We understand how important a revitalized midtown is to the growth of our city, and we look forward to playing a role in that revitalization." The 8-10-year development plan, which has created hundreds of local construction jobs, is expected to reach completion late this summer. "One of the most satisfying aspects of being involved with a project of this magnitude is acknowledging the potential it has to create a reinvigorated sense of hope and prosperity, along with numerous employment opportunities, for our people not only upon completion, but throughout the entire redevelopment process," Smith said.
MORE FROM Brokerage

Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional