Industry mourns loss of Grossman - the garage "art king"
Semone Grossman passed away March 24th. Grossman earned renown throughout the parking and real estate industries as the garage "art king". A self-made Holocaust survivor, he opened his first garage in 1957 and went on to build a parking empire of 45 locations throughout New York City. Grossman believed in beautifying those normally drab garage spaces and was highly respected for revolutionizing the business by decorating his always clean, well-lit garages with his trademark collages of fine-art museum posters and other interesting and innovative aesthetic motifs. Grossman, known for his hard-driving, ebullient spirit and an unmistakable joie de vivre will be missed by his friends, family, associates and colleagues in parking and in real estate.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account