News: Brokerage

Roseman and Berkman of NKF Retail complete 9,700 s/f: 1501 Broadway

Newmark Knight Frank Retail (NKF Retail) has completed a lease at 1501 Broadway with retailer Levi Strauss & Co. The store will encompass 6,500 s/f on the ground floor with a 3,200 s/f basement at the corner of Broadway and 44th St. Jeffrey Roseman, executive vice president, and Paul Berkman, senior managing director at NKF Retail represented the landlord, Paramount Leasehold L.P., while McDevitt & Co. represented Levi Strauss & Co. The Paramount building at 1501 Broadway is an official New York City landmark with a rich history as a pioneer site for American cinema. The façade of the building was restored to its original grandeur to ring in the new millennium in 2000. Newmark Knight Frank Retail, one of the largest retail brokerage firms in the United States, offers comprehensive services to many of the world's most prominent retailers and property owners. Newmark Knight Frank Retail is a division of Newmark Knight Frank, a full service, global commercial real estate service provider.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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
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.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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