News: Brokerage

Phaidon International signs 15,500 s/f at Cohen’s Grand Central Plaza

New York, NY London- based Phaidon International, will soon relocate from 140 East 45th St. to Charles S. Cohen’s 622 Third Ave. at 41st St. The company has signed an 11-year, 15,500 s/f lease comprising a portion of the 6th floor at the 39-story, one million s/f tower located in the Grand Central district. Marc Horowitz, SVP and national director of office leasing for Cohen Brothers Realty Corp., along with a Colliers International leasing team of David Glassman, Robert Tunis, Joseph Cabrera and Eric Ferrielllo represented the building’s ownership in the long-term leasing transaction, while Stan Weil of Colliers International represented the tenant.
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Columns and Thought Leadership
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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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
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