News: Brokerage

Levy and Friedman of Adams & Co. reps. landlord in 6,229 s/f lease

Adams & Co. Real Estate brokered a five-year, 6,229 s/f lease at 48 W. 37th St. for Beeposh, LLC, a children's fashion and accessory company. The company will utilize the space as a showroom and executive offices. David Levy and Joseph Friedman of Adams & Co. represented the landlord and David Menaged and Jack Senior of Adams & Co. represented the tenant. "37th St. is located in the center of New York's fashion accessories industry," said Friedman. "This is the best location in New York City for Beeposh." The 18-story property located in the Transit Triangle boasts 24-7 access and is located near Bryant Park in between three major transportation hubs. Recent renovations include new windows throughout the building. The property's tenant roster includes John B. Murray Architects, ASI System Integration and Ismael Leyva Architects P.C. Retail tenants include Ebi Fashion, Bingo and Margola Imports. "48 W. 37th St. houses some of the fashion industry's leading accessories companies," said Levy. "We are confident Beeposh will benefit from being located in this high-traffic fashion destination building."
MORE FROM Brokerage

SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account