Sangster of JF Real Estate brokers three leases totaling 18,084 s/f
Charles Sangster, senior vice president of JF Real Estate, acting as an exclusive tenant representative completes the following three lease deals totaling 18,084 s/f:
* Hiscock & Barclay, LLP committed to a 6,584 rentable s/f expansion on the 9th floor in One Park Place. This will bring their total leased space to 58,568 rentable s/f, which encompasses the entire 10th floor and the majority of the 9th. Hiscock will occupy the expansion space on November 1, 2008.
* Alliance Bank, NA extended their lease on the 17th floor of AXA Tower II and added 3,500 rentable s/f of contiguous space for a total of 23,678 s/f.
* Homestead Financial Services, Inc. has signed a ten-year lease for 8,000 s/f at 5010 Campuswood Dr., Pioneer Park. Homestead will relocate to their new office December 1.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
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,
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.