News: Brokerage

NGKF promotes Birnbaum, Fisher and Ozarowski to senior managing director in New York City

Newmark Grubb Knight Frank (NGKF) promoted three of its New York City commercial real estate professionals, who have each been with the firm for nearly a decade. Now senior managing directors, the three - Ben Birnbaum, Robin Fisher and Brent Ozarowski - have executed numerous noteworthy transactions, receiving prestigious accolades along the way. Birnbaum, with Newmark Grubb Knight Frank Retail, is currently part of a team marketing premier retail space in Times Square at the Brill Building (1619 Broadway), as well as luxury opportunities at 625 Madison Ave. In addition, he is spearheading the expansion of urgent-care center CityMD throughout the tri-state area, securing 10 sites, including its first outer-borough locations. Fisher, who specializes in office and retail tenant representation, joined NGKF in 2004, completing a record number of transactions in her first two years. 2013 highlights span from assisting in Fairway's newest 50,000 s/f location in TriBeCa to leasing the entire 55th floor at One Penn Plaza on behalf of Adelhardt Construction Corp. Ozarowski represents many of the nation's leading employers and property owners, not only in New York City but in markets coast to coast. He has been involved in more than $2.5 billion of transactions for clients including New York University, North Shore Long Island Jewish Hospital, and Trian Fund Management.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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
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,