Adam Schultz, associate director of NAI Global's New York City office, represented four financial companies in separate office leases in Midtown.
Schultz represented Wolf Asset Management in the 10-year lease at 650 Fifth Ave. Andrew Weiner of Cushman & Wakefield represented the landlord, Pahlevi Foundation.
Schutz also represented Modern Capital Advisors in a five-year lease at 630 Fifth Ave. David Taylor of Tishman Speyer represented the landlord in the transaction.
In another recent transaction, Schultz represented Morris Associates in a five-year lease at 400 Madison Ave. Randy Abend of Jones Lang LaSalle represented the landlord, Macklowe Properties.
In a final lease, Schultz represented IJC Partners in a seven-year lease at 20 East 46th St.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.