News: Brokerage

Savin and Wartels of Cresa negotiate 8,400 s/f lease for Huxley Assocs. at 1270 Avenue of the Americas

Huxley Associates Limited, a specialty recruitment consultancy, will double its occupancy at 1270 Avenue of the Americas to 8,400 s/f, in a transaction arranged by CresaPartners. The firm has amended its lease with Tishman-Speyer at the Rockefeller Center address with a new seven-year term. It established the office, its first in the U.S., two years ago. Scott Savin, CresaPartners' senior VP, and Ed Wartels, assistant VP, represented Huxley Associates in both the earlier and latest transactions. Todd Silverman of Tishman-Speyer negotiated for the building owner. The additional space will be ready for occupancy in early 2009.
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
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,
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