News: Brokerage

Murray Hill Properties closes five leases: 18,865 s/f

Murray Hill Properties has completed five leases totaling 18,865 s/f. The deals include: * A five-year 2,350 s/f lease at 2027 Williamsbridge Rd. for East Tremont Medical Group. Jesse Rubens of Murray Hill represented both the tenant and owner, Anzalone & Leschins. * A 20-year 2,000 s/f lease at 43-36 Ditmars Blvd., Astoria for Berry Fresh Farm, Inc. Rubens and Bret Varricchio of Murray Hill represented the owner, LaGuardia Center Realty, LLC. While William O'Brien of M.C. O'Brien, Inc. represented the tenant. * A 10-year 5,335 s/f lease at 30 Broad St. for Hanweck Associates. Rick Doolittle and Wes Rudes of Murray Hill represented both the tenant and owner, Gotham Broad. * A five-year 7,500 s/f lease at 110 West 57th St. for Rabin Partners. Mark Toubin, Doolittle and Rudes of Murray Hill represented the tenant. While John Moxley of Jones Lang LaSalle represented the sublessor, The Rockport Co., LLC. * A 10-year 7,015 s/f lease at 111 Broadway for Law Offices of Mark Seitelman. Doolittle represented the tenant. While Trinity Centre LLC, owner represented themselves.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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
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.
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