Heaner, Horowitz and Greenspan of The Kaufman Org. lease 13,300 s/f
The Kaufman Organization, which specializes in leasing and managing premier office space in New York City, recently brokered three deals totaling 13,300 s/f of full-floor showroom and office space at the Fashion Tower, located at 499 Seventh Ave. The asking price for all three transactions was $45 per-s/f. HG Resources Inc., signed a five-year lease for 3,700 s/f of showroom and office space. The company was previously located at
525 Seventh Ave. Michael Heaner of the Kaufman Organization represented the landlord while Marc Horowitz of the Kaufman Organization represented the tenant. J. Song International, a five-year tenant, signed a five-year renewal lease for 4,800 s/f. Michael Heaner and Grant Greenspan of the Kaufman Org. represented both the landlord and the tenant. Thistle and Bee, a producer and purveyor of fine heirloom quality sterling silver for leading jewelry companies including Tiffany and Co., signed a five-year renewal lease for 4,800 s/f of showroom and office space. The company relocated from 17th floor North to 4th floor South to expand from the previous 3,300 s/f. Michael Heaner and Grant Greenspan of the Kaufman Org. represented the landlord and tenant.
"We always strive to acquire great tenants and make sure they stay once they're here," said Michael Heaner of the Kaufman Org.. "In order to ensure that, we do our best to accommodate their growth while maintaining relationships."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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.
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