News:
Brokerage
Posted: September 12, 2011
Newmark Knight Frank arranges temporary 6,000 s/f lease for NBA Store
The NBA Store will reopen this fall in a temporary location at 590 Fifth Ave. Newmark Knight Frank's Paul Berkman, Davie Berke and Moshe Sukenik were the tenant reps on this deal.
The league said that partner Adidas will run the temporary 6,000 s/f store between 47th and 48th Sts., incurring all expenses in its operation. The NBA closed its old store at the corner of 52nd St. in a cost-cutting move in February. The league plans to find a larger space for a permanent store, which Adidas will operate under the same agreement.
The store will sell player merchandise during the lockout. The NBA has a deal separate from the collective bargaining agreement with the players related to merchandising.
Tags:
Brokerage
MORE FROM Brokerage
Delisle and Monahan of Island Associates lease 45,000 s/f to Giunta’s Meat Farms at Strathmore Commons
Middle Island, NY Roger Delisle and Robert Monahan of Island Associates negotiated the lease for the Giunta’s Meat Farms to occupy 45,000 s/f at Strathmore Commons.
.jpg)
Quick Hits
Columns and Thought Leadership
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.
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
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
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
.gif)