News: Brokerage

Murray Hill Properties signs three new leases totaling 12,855 s/f

Murray Hill Properties has completed three leases totaling 12,85 s/f. The deals include: * Technology Desking Inc. signed a lease for 6,100 s/f at 39 Broadway. The firm will occupy part of the 16th floor. Rick Doolittle, Wes Rudes and Mark Toubin of Murray Hill Properties represented the tenant. While Dan Ginsberg of The Lawrence Group represented ownership. * Eclipse Group NY LLC signed a lease for 1,350 s/f at 485 Seventh Ave. The firm will occupy suite 1211. Michael Politi, Esther Zar, Jesse Rubens and James Tamborlane represented ownership. While Ronnie Zimmerman of Newmark Knight Frank and Jay Smith of Jay G. Smith Inc. represented the tenant. * Interactive Partners Limited signed a lease for 5,405 s/f at 104 Fifth Ave. The firm will occupy the entire 10th floor. Randy Sherman of Murray Hill Properties represented the tenant. While Chris Wilson of Stribling & Associates, Ltd. represented ownership.
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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,

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,
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