News: Brokerage

Mesmer of Colliers International reps landlord in 20,000 s/f lease; Ellman of Ellman Realty reps tenant

Colliers International has arranged a long-term, 20,000 s/f renewal at 122 West 27th St. on behalf of the landlord, The Joseph Rosen Foundation, Inc. The executive offices of Greenwich House will continue operating out of the entire third and sixth floors. "The Upper Chelsea neighborhood has undergone a major transformation over the past decade," said Perry Mesmer, senior managing director with Colliers International, who leads the building's leasing efforts. "Greenwich House brought its executive team to 122 West 27th St. about the time the transformation began and has been a tremendous anchor tenant ever since. We are thrilled they decided to extend their prominent role in the neighborhood's transformation." Located one block from the Fashion Institute of Technology, the former manufacturing building has become a destination for an eclectic mix of tenants, including CoreBrand, Howell Belanger Castelli Architects and Sonic Boom Inc., among others. Marc Ellman, of Ellman Realty Advisors, represented Greenwich House.
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Columns and Thought Leadership
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

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The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

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