News: Brokerage

Klein of Winoker Realty brokers three leases totaling 16,000 s/f

Elliot Klein, senior VP with Winoker Realty Co., has negotiated three deals totaling 16,000 s/f at 29 West 30th St. Klein represented the building owner, 29 West 30th St. Managers LLC. Cyrus JM Corp. closed a five-year lease for the building's entire fourth floor, which comprises 6,400 s/f. The tenant was represented by Barry Bernstein, senior managing director with Winoker. Oral Arts Prosthetics, Ltd. closed a ten-year deal for the property's entire 11th floor, also measuring 6,400 s/f in size. Isaac Kashanian of Metropolitan Property Group represented the tenant. Patient Focus Medical Examinations, P.C. signed a five-year lease for 3,200 s/f. The medical lab is occupying half of the building's fifth floor. John Najjar of Manhattan Realty Unlimited represented the tenant. 29 West 30th St. is a 12-story office building located between Fifth Ave. and Avenue of the Americas.
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Columns and Thought Leadership
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 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,

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.