News: Brokerage

Pardo and Mass of Two Trees Management lease 3,387 s/f

Two Trees Management has brokered a 3,387 s/f office lease to BRIC Arts|Media|Bklyn at 45 Main St. in DUMBO. "BRIC has helped shape the face of Brooklyn's artistic community for over 30 years, and we're thrilled to welcome them to DUMBO," said Zannah Mass, Cultural Affairs director of Two Trees Management. "They will join a growing roster of impressive art galleries, artists, performance venues and other arts organizations in the waterfront community." As creator and producer of the Celebrate Brooklyn! Performing Arts Festival, a free, summer-long performing arts festival that has been presented at the Prospect Park Bandshell every year since 1979, BRIC is truly a founder of the Brooklyn arts scene. In addition to performances, the non-profit also provides compelling and accessible contemporary art exhibitions, Brooklyn-focused television programming, and education programs as well as subsidized platforms for artists and community members to develop and present new works. "My colleagues and I are very excited to be spending time in DUMBO among such an extraordinary community of artists and cultural organizations, and are extremely grateful to Two Trees Management for facilitating this move," said Leslie Schultz, executive director, BRIC Arts|Media|Bklyn. Caroline Pardo and Zannah Mass represented the landlord. No broker represented the tenant.
MORE FROM Brokerage

CM&B completes Activate Games’ NYC debut in Union Square

Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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,
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