News: Brokerage

SL Green Realty leases 17,862 s/f at 919 Third Ave.

Manhattan, NY According to SL Green Realty Corp., Cohen Clair Lans Greifer & Simpson LLP has signed a 10-year, 17,862 s/f lease covering a portion of the 34th floor at 919 Third Ave.

Cohen Clair Lans Greifer & Simpson LLP was represented by Craig Reicher and James Ackerson of CBRE, and the landlord was represented by Robert Alexander, Ryan Alexander, Emily Chabrier, Taylor Callaghan, Alex D’Amario and Nicole Marshall of CBRE.

“We’re proud to welcome Cohen Clair Lans Greifer & Simpson LLP to 919 Third Avenue,” said Steven Durels, SL Green’s executive vice president, director of leasing and real property. “The building is ever popular with law firms due to the extraordinarily efficient floorplate design and stunning views from over-sized windows. Additionally, a new lobby with European style coffee bar and new elevator cabs was recently completed.”

“The top-tier amenities and prime location at 919 Third Avenue allows us to maximize talent competition, workforce wellbeing, and accommodate our firm for sustained growth over the next decade,” said Shannon Rogers Simpson, Cohen Clair Lans Greifer & Simpson LLP’s managing partner.

919 Third Ave. was esigned by the Skidmore, Owings & Merrill, the 1.5 million s/f, 47-story tower was completed in 1970. The building was designed to accommodate an existing NYC landmark, the restaurant and saloon, P.J. Clarke’s. 919 Third Ave. is home to several notable tenants such as Bloomberg, Shulte Roth & Zabel LLP, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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