News: Brokerage

Levy and Schwartz of Adams & Co. handle 7,806 s/f lease expansion

Adams & Co. Real Estate, LLC has brokered a nine-year, 7,806 s/f expansion at 1071 Sixth Ave. for Sharp Entertainment. The television production co. will be adding this space to the 14,000 s/f it has occupied since last year, bringing their total space to 21,806 s/f. "Located on the edge of Bryant Park, Sharp Entertainment enjoys spectacular views and easy access to all major transit, as well as the convenience of being in the epicenter for major media companies," said David Levy of Adams & Co. "We are pleased that we could accommodate the company's need for an expansion in this building as it continues to grow." David Levy and Jeffrey Schwartz of Adams & Co. Real Estate, LLC represented the tenant and the landlord, Ten Seventy One Associate. Adams & Co. Real Estate, LLC is among the top five leasing companies in New York City, as measured by total square feet. The full-service real estate firm is responsible for millions of s/f of office space and provides property management, brokerage and consulting services throughout Manhattan by teaming experience with innovation.
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Columns and Thought Leadership
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
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 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.
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,