Kahn of Kaufman Org. reps tenant in 4,000 s/f lease
The Kaufman Organization has brokered a three-year, 4,000 s/f lease at 286 Fifth Ave. for the Art of Living Foundation, a not-for-profit, educational and humanitarian organization.
Although the terms of the lease were undisclosed, the asking rent for the space was $25 per s/f. Daniel Kahn of the Kaufman Organization represented the tenant, while Omid Pouratian of AB & Sons represented the landlord.
"The Art of Living Foundation was looking for a larger space to provide members with additional session rooms. The Fifth Ave. building was in a perfect location for their members," said Kahn.
286 Fifth Ave. is located in Midtown and is home to a variety of retail and office tenants including Adventure Publishing, Green Team Advertising and the Toy Insider.
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.
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.
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
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
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