News: Brokerage

Koeppel Rosen arranges new lease for The Yuba Group at 236 West 27th St.

Manhattan, NY Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, and stewards for a number of historic Manhattan office properties, said that The Yuba Group LLC has signed a new, 2,207 s/f lease at 236 West 27th St, a 15-story mixed-use office property in the Chelsea neighborhood.

The Yuba Group LLC is a real estate investment and management firm focused on the acquisition, operation, and strategic repositioning of commercial properties.

Max Koeppel, director of leasing at Koeppel Rosen, represented ownership in-house, while Michael Pinney of Signature Partners, LLC negotiated on behalf of The Yuba Group, which will occupy space on the 14th floor.  

Built in 1928, 236 West 27th St. is an Energy Star-rated building that offers a total of 124,588 s/f. Designed by architect William Hohauser, the building includes a triple-arched entryway leading to a modernized lobby and 24/7 building access. The roster of tenants includes the Fashion Institute of Technology, Studio Zuchowicki, and Two Twelve.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,
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,