News: Brokerage

Steir, Barlow, Goldstein and Taubin of Studley lease 260,000 s/f to Tiffany

Tiffany & Co. is moving its corporate headquarters' staff to L&L Holding Co.'s 200 Fifth Ave. Tiffany & Co. has leased four and a half floors comprising 260,000 s/f at the revamped class A office building that is celebrating its 100th birthday this year and for over seven decades functioned as the International Toy Center. For L&L Holding, the firm headed by David Levinson and Robert Lapidus, that completed a 14-month, $135 million renovation and makeover of the 14-story, 850,000 s/f property. Last year, the Grey Group moved into its 370,000 s/f world headquarters at the building and Eataly, teaming with chef Mario Batali and Lidia and Joe Bastianich of the Batali-Bastianich (B&B) Hospitality Group, is currently building out 44,000 s/f of boutique eateries, shopping and a rooftop mini brewery and restaurant that will open at 200 Fifth later this year. Mitch Steir, chairman and CEO of Studley, together with Studley executive VPs Matt Barlow and David Goldstein and senior managing director Greg Taubin represented Tiffany & Co. in the long-term lease. L&L Holding Co. was represented in-house by David Berkey along with Howard Fiddle and Evan Haskell of CB Richard Ellis.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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,

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
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

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