Meister of Avison Young reps Meister Seelig in 57,000 s/f lease; Along with Grufferman of Colliers International
Avison Young, one of the world's fastest-growing commercial real estate services firms, revealed the completion of a 57,000 s/f office lease on behalf of law firm Meister Seelig & Fein LLP at SL Green Realty Corp.'s 125 Park Ave., located across from Grand Central Terminal.
The lease, which comprises the entirety of floors seven and eight at 125 Park Ave., will accommodate Meister Seelig & Fein's New York City office. The firm currently occupies 38,000 s/f at 140 East 45th St. and will take occupancy of its new space at 125 Park Ave. in 2014 upon completion of its build-out.
Avison Young VP Jason Meister represented Meister Seelig & Fein in the transaction, along with Colliers International vice chairman Howard Grufferman. SL Green was represented in house by David Kaufman. Scott Newmark and Robin Topol of Meister Seelig & Fein served as in-house legal counsel for the deal, while Noah Shapiro and Lisa Greenbaum of Haynes and Boone LLP represented SL Green.
Known for its architecturally distinct façade and modern interiors, 125 Park Ave. features a contemporary lobby, high ceilings, and updated building systems.
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