News: Brokerage

Swierbut of Reckson/SLG leases 9,171 s/f at Mount Pleasant Corporate Center

Reckson, a division of SL Green (SLG) revealed that VMTurbo, Inc., a company that provides infrastructure efficiency for cloud and virtualized environments, has signed a lease covering 9,171 s/f at 115-117 Stevens Ave., a 126,000 s/f building aka Mount Pleasant Corporate Center. David Perlmutter, Perlmutter Properties represented VMTurbo in the transaction, while Robert Swierbut, vice president, acted for Reckson/SLG in-house. "Equipped with sophisticated fiber optics and state-of the art communications systems, the building is definitely becoming a magnet for technology firms," said John Barnes, Reckson/SLG senior vice president and managing director, suburban division.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

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
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