News: Brokerage

Tosko and Tighe of CBRE arrange 160,335 s/f lease for Mediaedge

CB Richard Ellis has arranged a 160,335 s/f lease on behalf of Mediaedge at 825 7th Ave. The firm extended its 129,620 s/f lease on floors two through seven. It also acquired an additional 30,715 s/f on the 8th and 9th floors, which Mediaedge will sublease from International Marketing Group (IMG) for four years, followed by a direct lease with building ownership. Gregory Tosko, vice chairman, CBRE negotiated the deal with Mary Ann Tighe, chief executive of CBRE, and Bruce MacAffer, WPP's senior director of real estate. The building is owned by Edward Minskoff Equities and Vornado Realty Trust. Mediaedge now leases the building's entire office portion. Robert Ageloff and Patrick Lennon, of the Staubach Co., represented IMG, while Jeffrey Sussman, of Edward J. Minskoff Properties, represented building ownership.
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GFP Real Estate signs Indecor Home to 16,806 s/f lease at 247 West 37th St.

Manhattan, NY GFP Real Estate said that Indecor Home, a New York-based designer and manufacturer of home décor products, has signed a 10-year lease for the entire 16,806 s/f fifth floor at 247 West
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Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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 CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary