News: Brokerage

RKF promotes Anthony, Covey and Segall to directors

According to Robert K. Futterman & Associates (RKF), Izzy Anthony, Greg Covey and Brian Segall have been promoted from associates to directors. Anthony has seven years of retail real estate experience. She has worked with leading landlords and retail tenants throughout the city. Anthony's recent transactions in which she has been involved include the leasing of 6,644 s/f at The Crown Building to Crockett & Jones and John Richmond; the leasing of 2,800 s/f at 1036-1052 Lexington Ave. to HB Home, Second Time Around, and Alex & Lorenzo; and the leasing of White House| Black Market's SoHo flagship at 508 Broadway. Covey, who has more than five years of retail real estate experience, specializes in landlord and tenant representation. Prior to joining RKF, Covey was the real estate manager development at Equinox Fitness Clubs, where he played an integral role in the company's site selection and expansion into new and future markets. Among Covey's many clients are GNC and 7-Eleven, for whom he is currently working on its local expansion. Recent transactions in which he has been involved include 7-Eleven and Elevation Burger at 103 West 14th St., and GNC at 205 Eighth Ave. Segall is a member of RKF's investment sales and advisory services division, which specializes in the sale of retail-driven assets. Prior to joining RKF, Segall was in sales with Endai Worldwide, an Internet advertising firm, where he advanced to division vice president. Segall recently participated in the sales of the 1,634 s/f retail condominium at 135 West 14th St.; the 16,303 s/f retail condominium and 15,055 s/f garage condominium at 416-424 Washington St.; and the 2,400 s/f retail co-op at 527 Hudson St. The country‚s leading independent real estate firm specializing in retail leasing and investment sales, Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $9 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Las Vegas, Los Angeles, New Jersey and San Francisco.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.