News: Brokerage

Weitzman and Cagner of Newmark Grubb Knight Frank to manage leasing of the Radio Wave building

49 West 27th Street - New York, NY 49 West 27th Street - New York, NY
New York, NY Newmark Grubb Knight Frank (NGKF) has been selected by Chestnut Holdings as the exclusive office leasing agent for the Radio Wave building at 49 West 27th St. NGKF senior managing directors Bernard Weitzman and Eric Cagner will manage leasing for the building. The Radio Wave building is rich with history. Its namesake comes from Nikola Tesla, the father of alternating current electricity, who experimented with radio waves when he lived in the building. The eighth floor of the building, containing 8,800 s/f, is coming to market. The space features original exposed brick, hardwood floors throughout, a new pantry, new air conditioning and an exposed ceiling. The building’s lobby is also set to be renovated. “The Radio Wave Building’s roots are in technological innovation and the eighth floor office has been fully modernized with state of the art features,” said Weitzman. “When you combine that with NoMad’s rapid transformation into one of the hottest destinations for office space, you have an ideal location for TAMI companies.” “Midtown South’s revival makes 49 West 27th Street a premier location for New York office space,” said Cagner. “With convenient transportation options and new high-end retail constantly coming to the neighborhood, NoMad is one of the most visible and attractive districts for progressive businesses.”
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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,
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.