News: Brokerage

Mack-Cali arranges four leases totaling 73,486 s/f

Mack-Cali Realty Corporation has completed four lease transactions totaling 73,486 s/f. * Montefiore Medical Center signed two new 10-year leases totaling 29,850 s/f at South Westchester Executive Park. The transactions consist of leases for 16,650 s/f at 200 Corporate Blvd. South and 13,200 s/f at 6 Executive Plaza. Mack-Cali was represented in-house by Carol McGuire, senior director of leasing.   * JPMorgan Chase Bank, National Association signed a five-year renewal for 15,880 s/f at 11 Martine Ave., White Plains. Mack-Cali was represented in-house by McGuire.   * National Union Fire Insurance Company signed a five-year renewal for 14,056 s/f at 555 Taxter Rd., Elmsford.  Glenn Walsh, Joe Sarno and Jeremy Neuer of Cushman & Wakefield represented the tenant and McGuire represented Mack-Cali. * Mrs. Green's Natural Market, Inc. signed a new 10-year lease for 13,700 s/f at 300 Executive Blvd., Elmsford. Richard Leroy of Delphi Commercial Properties represented the tenant. Mack-Cali was represented in-house by Ivan Abry, senior director of leasing.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,
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,

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
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