News: Brokerage

Platinum Commercial facilitates 3,626 s/f lease at 30 Wall St.

Manhattan, NY Platinum Commercial has completed its third office lease at 30 Wall St.

Emerging Markets Ltd. signed a five-year lease for 3,626 s/f at an asking rate of $51 per s/f. A brand-new prebuilt space on a fully renovated floor, combined with proximity to their current office, was a primary driver in the tenant’s decision to lease at 30 Wall. Steven Evans, managing partner of Platinum Commercial, represented the tenant. Evans, alongside Emre Bozkurt, Joseph Zalta, Brian Peer, and Eric Meyer of Platinum Commercial, represented the landlord.

“30 Wall Street’s iconic location at the crossroads of global finance continues to attract strong financial services tenants,” said Evans. “This deal demonstrates how quickly transactions can move when pricing and execution are aligned. We’re proud to welcome Emerging Markets Ltd. to one of Lower Manhattan’s most recognized addresses.”

Emerging Markets Ltd. is a New York-based financial services firm specializing in foreign exchange across developing and frontier markets. Founded in 1993 and headquartered in the Financial District, the privately held company serves institutional clients, including government agencies, multinational corporations, NGOs, and global banks, by providing spot FX execution, currency swaps, and risk management solutions. With decades of international experience, the firm is known for its expertise in navigating complex and less-liquid currency markets globally.

Originally constructed in the early 20th century, 30 Wall St. blends historic architectural character with modern upgrades, offering efficient layouts and access to major transportation lines including the 1, 2, 3, 4, 5, J, and Z trains.

30 Wall St. is exclusively represented by Platinum Commercial.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,

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.
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
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