News: Brokerage

NKF reps Monian Grp. in four leases at 17 Battery Pl. totaling 33,000 s/f

The Moinian Group has completed four leases totaling 33,000 s/f at 17 Battery Pl. Adam Leshowitz, Jamie Jacobs and Rob Sattler of Newmark Knight Frank represented the owner. In the largest of the deals, Community Access inked a 15-year lease for the entire ninth floor at the 17 Battery Pl. North. Mark Mandel and Carri Lyon of Cushman & Wakefield represented the tenant. Community Access is selling its 17,000 s/f of condo space at 666 Broadway that it has outgrown. Tethy's Tech has renewed and expanded its 8,462 s/f lease and relocated within 17 Battery Pl.South, while Charity Folks also renewed for nearly 1,200 s/f and relocated within the building. In a new lease, the law firm of Steve Krentsl & Jeff Guzman, Esq. signed a lease for 2,300 s/f at 17 Battery Pl. South. Charles Loscalzo of New York Commercial Realty Services LLC represented the tenant. Located across the street from New York Harbor and Battery Park, 17 Battery Place offers unobstructed views of the Statue of Liberty and Ellis Island. It boasts tenants such as the City of New York, Circle Line, Wall Street Access, Heisman Trophy and Wildcat Services. Retail tenants include Duane Reade. 17 Battery Place provides extraordinary flexibility and layout with an abundance of natural light. Equipped to satisfy the most demanding tenants, it offers high ceilings, superior electrical capacity and high-speed telecommunications capability. There's even an Amish Market located at street level, where tenants and visitors can find convenient food and beverage shopping as well as dining. About The Moinian Group One of the country's largest privately held real estate firms, The Moinian Group owns and manages more than 20 million square feet of commercial, residential, retail and hotel properties throughout the U.S. and abroad. The company's seasoned development team combines its vast resources and experience - from financing and property acquisition to site development and design management - to efficiently execute the development process from beginning to end. The company creates and maintains aesthetically designed, state-of-the-art developments that act as catalysts in current and future districts. The Moinian Group strives for excellence, sustaining its leadership in the industry with a focus on creating new environments in which to live, work and grow.
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,