News: Brokerage

Schwartzman and Noonan of NKF represent Verizon in 37,092 s/f lease

"The Moinian Group, an owner of more than 20 million s/f of office, residential, retail and hotel properties throughout the U.S. and abroad, renewed a 37,092 s/f lease for Verizon at 90 John St. in New York," said, Daniel Gohari, vice president & director of commercial assets. Newmark Knight Frank's, (NKF), Jennifer Schwartzman and David Noonan represented Verizon, in the transaction. Adam Leshowitz, also of Newmark Knight Frank, represented the Moinian Group. Acquired by the Moinian Group in 1995, 90 John Street offers 24/7 access, on-site management, an in-house parking garage and access to all public transportation. Tenants in the 29-story property include Food Bank of New York, Merritt & Harris and Gold's Gym. The Moinian Group is widely regarded as one of the industry's most active development firms, boasting a portfolio totaling more than 20 million s/f of commercial, industrial, residential, retail and hotel properties throughout the U.S. and abroad.
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
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