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
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
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
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.