Newmark Knight Frank renews 85,000 s/f lease for Mintz Levin
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. has renewed its lease for 85,000 s/f of office space at the Chrysler Center at 666 Third Ave.
Since establishing its New York presence in 2000 with six attorneys and 34,000 s/f, the firm has grown the office to include 130 employees, including 76 attorneys in a range of practice areas. Included in the firm's new lease, which now extends until 2022, are two options for renewal as well as options for expansion.
"The Chrysler Center has been home to Mintz Levin since we opened our doors in New York almost ten years ago," said Stephen Gulotta, Jr., managing member of Mintz Levin's New York office and head of its New York corporate practice. "We are delighted to remain a part of the Chrysler Center community as we continue to build upon the success we have enjoyed here."
The Chrysler Center is managed by Tishman Speyer. The brokerage firm was Newmark Knight Frank.
"Once the economic framework was set on this transaction, the real estate committee of Mintz Levin, Tishman Speyer and Newmark Knight Frank worked collaboratively in solving the logistical items necessary to accommodate a re-stack in a full building," said Mark Weiss, vice chairman, Newmark Knight Frank.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
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,
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
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.
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