News: Brokerage

NGKF Retail completes leasing campaign at The Edison Hotel

Jeffrey Roseman, NGKF Jeffrey Roseman, NGKF
New York, NY Newmark Grubb Knight Frank (NGKF) Retail has completed the retail leasing campaign at the base of the Edison Hotel in the heart of the Times Square.  Bond 45, the popular eatery owned by the legendary Shelly Fireman, will occupy 10,000 s/f on the 46th St. side of the hotel, while Friedman’s Restaurant, the quick-serve concept, will be opening its fifth outpost on the 47th Street side of the hotel, comprising approximately 4,500 s/f in the space formerly occupied by the Edison Café. NGKF executive vice president Jeffrey Roseman along with managing director Gregg Gropper and associate director Mark Utreras represented ownership in both transactions.  “NGKF Retail has had a very successful track record in bringing retail and restaurants to Times Square and we are thrilled to have been able to attract such great food operators as Bond 45 and Friedman’s to the Edison Hotel,” said Roseman.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,