News: Brokerage

Thru the lens: 37th Annual Empire State Building Run-Up

Congratulations to Bryan McCormick, Damla Yerdelenli and Tyler Hochanadel of Jones Lang LaSalle, the team that won the Broker's Challenge in the 37th Annual Empire State Building Run-Up, with an overall combined time of 49:26. The second-place team, with a time of 54:07, also came from Jones Lang LaSalle: Bill Peters, Riley Corr and Michael Berg. Individual winners were Myles Fennon of Cushman & Wakefield (first place) with a time of 13:38 and John Campbell of Newmark Grubb Knight Frank (second), with a time of 14:12. Thank you to the 49 brokers who participated in this year's Run-Up!
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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,
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
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.
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