Thomas Sullivan, senior managing director of Coldwell Banker Commercial Hunter Realty has arranged a long-term lease renewal for the 4,400 s/f offices of Disco International, Inc. in the Paragon Building at 15 West 44th St., between Fifth and Sixth Aves.
"Considering the current economic climate in New York, this was an excellent decision for Disco International to sign a long-term lease renewal in Midtown," said Sullivan. "In addition to excellent terms for the floor-through space, the building offers many amenities and is situated near hotels, restaurants and transportation." Representing the landlord was Andrew Pal, Esq. of Wiggin and Dana, LLP.
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.
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
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
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
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.