News: Brokerage

Rothman joins Lee & Associates as principal and executive managing director

Bruce Rothman, Lee & Associates NYC LLC Bruce Rothman, Lee & Associates NYC LLC

New York, NY Bruce Rothman has signed on with Lee & Associates NYC LLC as principal and executive managing director. Rothman brings with him 20 years of experience as an accomplished tenant representative.

“Bruce is respected throughout the industry for his unparalleled grasp of market complexities and innovative approach to representing his clients” says James Wacht, president of Lee & Associates. “His proactive negotiation style has already proved to be invaluable to our team!”

Prior to joining Lee & Associates, Rothman served for more than 17 years as corporate managing director at Savills Studley, where he was recognized nationally as one of the firm’s Top 100 Brokers.

Among Rothman’s many notable deals was the restructuring of iHeart Media’s Chicago portfolio, which entailed a 110,000 s/f office consolidation at Two Illinois Center and reduced his client’s occupancy costs by $5 million. Rothman also represented iHeart Media in a 33,000 s/f transaction at 100 Chestnut Street in Rochester, and, simultaneously, arranged a $3.5 million municipal incentive package on his client’s behalf that comprised the largest “per employee” grant ever awarded in that city.

Rothman is a member of the Real Estate Board of New York and the Young Men’s/Women’s Real Estate Association of New York. He holds a Bachelor of Fine Arts from Fashion Institute of Technology, State University of New York.

MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

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

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

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 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
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.