News: Brokerage

Newman and Zaccagnino of Malkin Properties broker 8,133 s/f lease

Eckert Seamans Cherin & Mellott, LLC has extended its lease and expanded its space for the second time in three years at Ten Bank St., according to Jeffrey Newman, executive VP of Malkin Properties, the marketing and managing agent for the building. The tenant, which first moved into the building in July 2007, will now occupy a total of 8,133 s/f. Malkin Construction will build out the expansion space for the new tenant. Newman and senior leasing associate Kimberly Zaccagnino represented the landlord in this transaction. The tenant represented itself. "Our White Plains office has grown quickly to include eight attorneys, and we need space to allow for future expansion as well," said James Parks, executive director at Eckert Seamans. "We've enjoyed working with Malkin Properties, whose management has been very accommodating, and the location provides both easy access to Manhattan and a link between our Boston and Philadelphia offices, so we didn't even consider looking elsewhere." "Malkin Properties is known for its flexibility in working to accommodate tenant needs," said Newman. "Tenants recognize this, and during times of growth they often choose to expand at one of our trophy office buildings. We are happy to once again work with Eckert Seamans in expanding and extending its space at Ten Bank St."
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
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
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.