News: Brokerage

Stanton-Tuckman of Newmark Assocs. leases 6,000 s/f of office space

Nancy Stanton-Tuckman, vice president and sales associate at Newmark Associates, Inc. has arranged a 7-year lease of 6,000 s/f of office space at 70 South Orange Ave. for the accounting firm, Tax Consultants, LLC. The firm will be relocating their offices from Morris County to Essex County. Eastman Companies, owner of the two-story, 80,000 s/f building, will build-to-suit the office space for the new tenant. Recent major renovations have included lighting, hallways, offices, and a new café, enhancing the class A office building. Its immediate access to Route 24, I-80 and proximity to Morristown and Newark Airport make it an ideal location for Tax Consultants LLC. Other amenities such as electronic card access, after hours visitors' call box, and fiber optics availability are expressive of the management company's commitment to quality tenant service.
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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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
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,
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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.