News: Brokerage

Metropolitan Valuation Services relocates to 44 East 32nd St.

Metropolitan Valuation Services, one of the leading commercial real estate valuation and consulting firms, relocated from 444 Park Ave. South to 44 East 32nd St., just west of Park Ave.South. Signing a 15-year lease, the firm nearly doubled its space from 3,600 s/f to 7,200 s/f in the move. "With no opportunity to grow our professional staff at the previous location, we chose to remain and expand in this vibrant Midtown South business neighborhood as it undergoes intense development and repositioning." said Steven Schleider, president, Metropolitan Valuation Services. The firm's new headquarters provides a full floor presence with numerous windowed private offices, an open work area, large conference room, pantry with break areas, a comfortable lounge, and features high-end technology platforms as well as energy efficient 'smart' lighting systems and real estate-centric artwork integrated into multiple video displays. "It's a rebranding of our space and business as we move to the next level of growth," said Schleider. The 12-story building itself recently underwent an upgrade of its lobby, which now features upscale natural elements of stone and wood design, and major mechanical and life-safety systems. The firm was founded by Martin Levine, MAI, who serves as chairman and Steven Schleider, MAI, who, in addition to serving as president, is also New York City's only commercial real estate appraiser with a LEED-AP BC+D credential.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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