News: Brokerage

Savills adds to life sciences team with addition of Schifrin

Manhattan, NY Savills has hired Jonathan Schifrin as senior managing director in its New York office. The addition will expand Savills life sciences capabilities and biotech tenant advisory services across the New York region.

Schifrin joins the firm from CBRE, where he was senior vice president. He also held positions at Transwestern and JLL, where he focused on representing tenants and landlords in the office and life sciences industry. Throughout his career, he has represented over 7,500,000 s/f of rentable space and completed more than 1,500,000 s/f of client leasing transactions.

“New York is a burgeoning hub and critical market for life sciences with the city investing heavily in its development,” said vice chairman and head of Savills life sciences team Austin Barrett. “As the supply of available lab space continues to grow, tenants seek expert guidance as they scale and seek new integrated lab workplace opportunities. Jonathan will collaborate with our national team to help life sciences companies leverage real estate to get products and therapies to patients quicker and more cost-effectively.”

As a senior managing director, Schifrin will focus on growing the firm’s tenant advisory services across the region and partner with local markets throughout the US on new business development. He will additionally serve as an advisor to clients, providing the entire platform of Savills life sciences capabilities and solutions.

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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,