News: Brokerage

Kaufman of the Kaufman Organization represents Leadership Directories in 12,370 s/f lease

The Kaufman Organization brokered a 10-year, 12,370 s/f lease for Leadership Directories at 1407 Broadway. The space will be used as the company's New York City headquarters. Leadership Directories is a subscription database of contact information for major United States government, business, professional, and nonprofit organizations. Although the terms of the lease were undisclosed, the asking rent for the space was $47 per s/f for the lower floor. Grant Greenspan of the Kaufman Organization represented ownership, while Michael Kaufman of the Kaufman Organization represented the tenant. Grant Greenspan, Michael Heaner, and Jessica Kosaric of the Kaufman Organization are the exclusive leasing agents for the building. 1407 Broadway, built in 1952, is a 42-story, 1.1 million s/f building located in Midtown at West 39th St.
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Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
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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,
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
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
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,