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
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
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.