News:
Brokerage
Posted: October 31, 2023
Stone of GFP Real Estate renews CS Global office lease for 6,529 s/f at 100 Crosby St.
Manhattan, NY GFP Real Estate, LLC said that CS Global, an international experiential creative agency, has signed a five-year lease renewal for its existing 6,529 s/f on the 5th and 6th floors of 100 Crosby St. in SoHo.
Neith Stone of GFP Real Estate represented the landlord, GFP Real Estate, in the transaction. CS Global, which works with some of the world’s most recognizable luxury brands and organizations including Tom Ford, Disney+, Google, Estée Lauder, The Metropolitan Museum of Art, The Council of Fashion Designers of America, Michael Kors, Cartier and La Mer, first moved into the building in 2006.
“100 Crosby has remained near the 100% leased mark for the past few years as tenants continue to seek our prime loft office space in the heart of SoHo,” said Stone.
Tags:
Brokerage
MORE FROM Brokerage
Retreat at 490 Wheeler Rd. in Hauppauge
Hauppauge, NY Robert Raffa and Robert Monahan of Island Associates helped to negotiate a long-term lease for Retreat, a non-profit organization located at 490
Quick Hits
Columns and Thought Leadership
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
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
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.
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
