News: Brokerage

Lieberman of Winoker arranges 2,835 s/f lease

Winoker Realty Co. has negotiated a 2,835 s/f midtown office lease on behalf of Divine Apparel at 463 Seventh Ave. Managing director Evan Lieberman of Winoker represented the tenant, Divine Apparel, on the signing of a five-and-half-year lease. David Levy of Adams & Co. represented the landlord, Interval Properties. "Divine Apparel was previously working out of a mid-block office suite in the Fashion District," said Lieberman. "The company approached us seeking a more visible presence in the neighborhood, and 463 Seventh Ave. turned out to be the ideal location for them to grow their business. The space was already built out, so the transition was that much smoother for them." Lieberman, who joined Winoker Realty this spring, has more than two decades of experience representing office and showroom tenants. He has closed myriad office and showroom leases for both tenants and landlords in and around the Fashion District. Divine Apparel's new home, 463 Seventh Ave., is a 22-story, 408,511 s/f office building.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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,

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.
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 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