News: Brokerage

Levy and Greenberg of Adams & Co. broker six leases totaling 6,588 s/f

David Levy and Michael Greenberg of Adams & Co. have brokered six deals 110 W. 40th St. totaling 6,588 s/f. The deals include: * A five-year, 2,051 s/f lease to Hestiun Capital Inc. Levy and Greenberg of Adams & Co. represented the landlord while Winoker Realty Co. represented the tenant. * A five-year, 1,603 s/f lease to Goldstein Co. CPA. Levy and Greenberg represented the landlord and the tenant. * A three-year, 1,089 s/f lease to W Design Studio Ltd. Levy and Greenberg represented the landlord and the tenant. * A five-year, 974 s/f lease to Empire Textiles, LLC. Levy and Greenberg represented the landlord and the tenant. * A 498 s/f lease to Beaders Sportswear Ltd. Levy and Greenberg represented the landlord and the tenant. * A 373 s/f lease to Terryland Corp. Levy and Greenberg represented the landlord and the tenant. The 26-story, 129,808 s/f property is located near Bryant Park and has 24-hour access. Recent renovations include new elevators and a new lobby. Notable tenants include Belmont Freeman Arch., Nu Image and FRP Apparel. Retail tenants include Croton Reservoir Tavern and Hightone Cafe.
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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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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,
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
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
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.