News: Brokerage

Kaufman and Rascob of The Kaufman Organization secure ten-year 6,100 s/f lease

The Kaufman Organization brokered a ten-year, 6,100 s/f lease at 462 Seventh Ave. for MLGW, LLP. Steven Kaufman and Barbara Raskob of the Kaufman Organization represented the landlord in the transaction while Alan Markowitz of RE Com Partners, LLC represented the tenant. "MLGW was looking for space for its new corporate headquarters and the offices in this building were a perfect fit," said Kaufman. "The new space will be built out to include a reception area, conference room, mail/copy room, and private offices." 462 Seventh Ave., built in 1925, is a 23-story building in the Garment District. The 185,000 s/f structure features 24/7 access and a shared entrance with 470 Seventh Ave. Tenants include Geller & Wind Ltd., Live Person, Inc, and InnerWorkings, Inc.
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Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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