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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking