News: Brokerage

Rudder and Heller TEI broker four leases at 125 Maiden Lane: 5,361 s/f

Michael Rudder and Michael Heller of Time Equities, Inc. (TEI) has signed four leases at 125 Maiden Ln. totaling 5,361 s/f: * A ten-year, 1,409 s/f lease for Gotham Digital Science. TEI represented the landlord and Vlad Porter of VB Porter & Co. represented the tenant. * A five-year, 1,580 s/f lease for Top Guard Security, Inc. TEI represented the landlord and John Kourtis of NYC Connections represented the tenant. * A two-year, 1,211 s/f lease for PI Electronic East Coast, Inc. TEI represented the landlord and Leo Likas of Redstone NYC represented the tenant. * A one-year, 1,161 s/f lease for Trevcon Construction Co., Inc. TEI represented the landlord and Michelle Alexis of Sunburst Advisors LLC represented the tenant. "125 Maiden Ln. continues to attract quality tenants through its first-class management and unique amenities including a roof deck garden and complimentary fitness center," said Rudder. "We are thrilled to welcome these four companies as tenants to the property."
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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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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.