News: Brokerage

Levy of Adams & Co. brokers two leases at 10 W. 33rd St. totaling 14,322 s/f; Includes 7,264 s/f to SA&E and 7,058 s/f to Accessory Zone

Adams & Co. Real Estate, LLC has brokered two leases totaling 14,322 s/f in the Fashion Accessories Center located at 10 W. 33rd St. Accessory Zone, LLC, an importer of women's hair accessories and jewelry, signed an eight-year, 7,058 s/f lease. David Levy of Adams & Co. represented the tenant and the landlord. SA&E International Bags & Accessories, LLC, a manufacturer specializing in backpacks and luggage, signed a seven-year, 7,264 s/f renewal. Levy represented the landlord while Hidrock Realty, Inc. represented the tenant. "Demand for this building has remained exceptionally strong in both up and down markets, and we are glad to see new tenants coming and existing ones staying," said Levy. Built in 1914, this 12-story, 319,200 s/f building boasts 24/7 access. Notable tenants include A Classic Time Watch Co., Barganza, Global Design Concepts and Steve Madden Accessories, with retail tenants Legends Bar & Grill, Spa Sol, Jim Hanley's Universe, and United States Post Office. Landlord for the building is Ten West Thirty Third Associates.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,