News: Brokerage

Roseman and Cohen of NKF lease 36,500 s/f to Knotel

Manhattan, NY According to Newmark Knight Frank (NKF), co-working concept Knotel has leased the entire second floor at 36 West 14th St., owned by The New School. The company will occupy 36,500 s/f with a dedicated street entrance from West 14th St. between Fifth and Sixth Aves., formerly occupied by New York Sports Club. NKF vice chairmen Jeffrey Roseman and William Cohen represented The New School, while Michael Morris, executive managing director, and Gregory DiGioia, associate, represented Knotel.

Jeffrey Roseman, NKF

 

William Cohen, NKF

 

“14th St. continues to be one of the best value streets in New York City,” said Roseman, a leader with NKF’s Retail practice who previously executed deals on 14th St. with Urban Outfitters, TD Bank, The Guitar Center, and most recently CVS at the New School’s Skidmore Owings & Merrill designed University Center. “We are pleased to have assisted The New School again in securing a great amenity to the building and the surrounding community. The space provides Knotel with a rare branding opportunity featuring prominent exterior signage and its own private entrance.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.