News: Brokerage

Mack-Cali leases 1,147,218 s/f during fourth quarter

Mack-Cali Realty Corp. leased 642,394 s/f of office and office/flex properties in Northern and Central NJ during the fourth quarter. Portfolio-wide, Mack-Cali leased 1,147,218 s/f of space during the quarter. Highlights of the fourth quarter transactions include: * A 211,573 s/f lease for New Cingular Wireless PCS, LLC, in Paramus. The tenant was represented in the transaction by Marc Rosenberg of Cushman & Wakefield. * A 70,932 s/f lease for AECOM Technology Corp. in Piscataway. Adam Foster and Wesley Moore of CBRE represented the tenant. Mack-Cali was represented in-house by Toni Casiano, senior director of leasing.
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Columns and Thought Leadership
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
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,

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