Valencia of NYCRS arranges 600 s/f lease

According to New York Commercial Real Estate Services (NYCRS), 181 Essex St. signed a 600 s/f ground floor lease with Gokhan. The brokers involved were Croman Real Estate for the owner and Nick Valencia from NYCRS for the tenant. NYCRS has also been named the exclusive agent for the following properties: * 7 West 44th St.: A 2,500 s/f ground floor restaurant and six office floors, each with 2,500 s/f. The exclusive broker is Gee Scordia. * 120 St Marks Place: A 1,400 s/f ground floor medical/spa space. The exclusive broker is Ken Brandman. * 250 Mott St.: A 400 s/f ground floor retail space. The exclusive broker is Brandman.

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AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

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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.

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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

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

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