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
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
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,