News: Brokerage

MHP arranges two leases totaling 5,699 s/f

MHP Real Estate Services arranged the following leases totaling 5,699 s/f: * Berman & Palitz LLP signed a 7-year lease at 17 Battery Place for 2,750 s/f. Joseph Friedman, Bret Varricchio and Garett Varricchio of MHP represented the tenant. Adam Leshowitz of Newmark Grubb Knight Frank represented ownership. * T-Rex Group, Inc. signed a 2-year sublease at 230 Park Ave. for 1,749 s/f. Andrew Arvay of MHP represented the tenant. Stephen Bellwood of Cassidy Turley represented ownership. * Young & NG LLC signed a 3-year lease at 39 West 14th St. for 1,200 s/f. Daniel Lolai of MHP Real Estate Services represented the tenant. Comjem Associates Ltd. represented ownership.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their