News: Brokerage

Rose and Spiegel of Rose Associates lease 24,300 s/f

According to Rose Associates, Inc., Gracious Home has leased 24,300 s/f of retail space at Chelsea Landmark, a new 38-story, 406-unit rental building located on the east side of Avenue of the Americas between 25th and 26th Sts. Amy Rose, executive senior managing director of Rose Associates, and Bruce Spiegel, senior managing director of commercial leasing for Rose Associates, represented Gracious Home and the building owners. Rose Associates' William Bergman was also instrumental in arranging the lease. Gracious Home has signed a 20-year term, taking all of Chelsea Landmark's retail space, which includes 17,000 s/f of street-level retail space and roughly 7,300 s/f of lower-level retail space. The street-level portion boasts floor-to-ceiling glass along the eastern block front of Sixth Ave. between West 25th and West 26th Streets. The space also offers has wraparound frontage on West 25th and West 26th Streets. A joint development of Rose Associates and Marine Estates, Chelsea Landmark is a 38-story residential building designed by Costas Kondylis & Partners. Occupancy of Chelsea Landmark's studio, one- and two-bedroom apartments began earlier this year.
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.
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
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,