News: Brokerage

Raskob of Kaufman handles three leases totaling 5,192 s/f at 450 Seventh Ave.; includes 2,110 s/f to Healin Telecom, LLC

Barbara Raskob of the Kaufman Organization brokered three leases totaling 5,192 s/f at the Nelson Tower, located at 450 Seventh Ave. Raskob represented the landlord, the Kaufman Organization, in all Nelson Tower leases: * Healin Telecom, LLC, signed a five-year lease for 2,110 s/f of office space. The tenant's new office space will be its third location since moving into the building in 2004. * Andrew Schwab, Esq., a real estate law firm, signed a five-year lease for 1,550 s/f of office space. * Finance One, Inc., signed a three-year lease for 1,532 s/f of office space. Tenants include the Kaufman Management Co., Citibank Real Estate and the Metropolitan Transportation Authority. The Kaufman Organization, with over 85 years experience and 6.9 million square feet of owned or managed space, has long been considered one of the most prominent and well-respected real estate companies in the New York metropolitan area. The company offers a fully integrated spectrum of leasing and management services to diverse owners and tenants and is continually looking to build its portfolio through property acquisitions.
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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,

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 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