Category: Brokerage
In Q4 2022, New York City’s Construction Pipeline Improves Following Record Lows but Pace of Devel...
February 14, 2023
The Real Estate Board of New York (REBNY) released its Quarterly New Building Construction Pipeline Report for Q4 2022. This report dissects public information on new building projects to draw historical comparisons and review the current development pipeline in New York City. This latest Construction Pipeline report should
Fordham Real Estate Institute debuts ‘Titan Talks’ event with Barbara Corcoran to sold-out crowd...
February 14, 2023
The Fordham Real Estate Institute (REI) hosted its first “Titan Talks” event last week at the Lincoln Center campus, featuring Barbara Corcoran, founder of The Corcoran Group. The conversation was led by Bess Freedman, CEO of Brown Harris Stevens and member of REI’s Executive Advisory Council (EAC) of industry and business
Meridian Capital Group arranges $118.5 million in financing for three Manhattan properties
February 14, 2023
Manhattan, NY Meridian Capital Group has arranged $118.5 million in financing for three properties - the Theater House, 315 Fifth Ave., and 114 West 86th St. This 10 year interest only transaction was negotiated by Meridian Senior Vice President, Simon Rosenfeld, who is based in the company’s New York City headquarters
Question of the Month: How can landlords avoid pitfalls when litigating against commercial tenants?...
January 31, 2023
Deciding to litigate against a commercial tenant that owes rent can be daunting. There is a minefield to cross between filing the lawsuit and obtaining an eviction or a judgment for the amount owed. It is best to be up to date and knowledgeable of the state and federal law, but the following can
Cushman & Wakefield and CBRE broker 1.156 million s/f lease at 1211 Avenue of the Americas
January 31, 2023
Manhattan, NY Ivanhoé Cambridge said that Fox Corp. and News Corp have signed separate long-term leases, together totalling 1.156 million s/f to retain each of their corporate headquarters at 1211 Avenue of the Americas, in Midtown. The terms of their leases each have been
Benefits of exchanging into Delaware Statutory Trust properties - by Dwight Kay
January 31, 2023
There are a number of potential benefits associated with exchanging into a Delaware Statutory Trust (DST) 1031 property. However, it is important to note that these potential benefits should also always be carefully weighed with the potential risks that are possible with DST
Kuppersmith of Cushman & Wakefield newest IREON member
January 31, 2023
Melville, NY IREON welcomed Cushman & Wakefield’s Robert Kuppersmith, executive director to its membership roster as the exclusive commercial real estate brokerage, commercial property management (over 25,000 s/f) New York metro/nationwide and global markets representative. The recommending
FirstService Residential appointed property manager of The Axel
January 31, 2023
Brooklyn, NY FirstService Residential has been appointed manager for The Axel, a rental tower in the Clinton Hill neighborhood. Located at 545 Vanderbilt Ave., the 29-story building houses 284 apartments, 30,000 s/f of hotel-inspired amenity spaces, and 60,000 s/f of
Technology is the key driver of tenant experience - by Jeremy Bernard
January 31, 2023
When the office industry started to think about the occupier experience, it focused on occupied spaces. The layout became incredibly important, as did amenities. Investment was poured into ensuring that buildings had the best dining facilities, gyms, yoga, meditation studios, and ambient sound or living walls.
REBNY to host annual event at The Glasshouse on April 20th
January 31, 2023
Manhattan, NY The Real Estate Board of New York (REBNY), one of New York City’s leading real estate trade associations, said that its annual event will take place this year on April 20th. Hosted at The Glasshouse, the event will bring together industry leaders and public officials
TF Cornerstone leases 4,000 s/f to Klarel at 95 Horatio St.
January 31, 2023
Manhattan, NY According to TF Cornerstone (TFC), Klarel has opened a pop-up at 95 Horatio St. Klarel, an Italian sourced, direct-to-consumer furniture company has opened its first brick-and-mortar store at the base of TF Cornerstone’s residential rental building,
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