News: Brokerage

Waldman and Abdo of Lee & Associates NYC rep. Gotham Production Studios in 4,896 s/f lease

Manhattan, NY Lee & Associates NYC represented Gotham Production Studios, a full-scale podcast production company in a 4,896 s/f lease at 251 West 39th St. in Midtown.

A Lee & Associates team of Ari Waldman and Corey Abdo represented Gotham Production Studios in the transaction. Michael Frantz at Avison Young represented the landlord, Ung 1 Realty, LLC.

“Gotham Production Studios is one of the leading podcast production companies, and was in the market for an upgraded space in close proximity to major transit hubs,” said Waldman. “251 West 39th St. proved to be the perfect combination—close enough to several transportation options to make it convenient for their growing roster of clients, with new features to fit their needs.”

Gotham Production Studios offers all services a podcast creator could need, ranging from recording and production to coaching, editing distribution and marketing.  251 West 39th Street is centrally located a short distance from Port Authority Bus Terminal, the Times Square transit stop, and Penn Station.

MORE FROM Brokerage

NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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

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