News: Brokerage

Wertheimer and team of Paul Hastings represents purchaser of Beekman Tower Hotel

Paul Hastings, a leading global law firm, represented the purchaser of the Beekman Tower Hotel, located at 3 Mitchell Place and the related financing for the acquisition and redevelopment of the Beekman Tower Hotel, and also represented Fisher Brothers in the negotiation of the partnership agreement with Silverstein Properties Inc. and Capstone Equities. Real estate partner Bob Wertheimer led the team, which included employment partner Zachary Fasman, employment partner Eric Keller, Real Estate of counsel Christine Spletzer, attorney Mary McKenna, and associates Jack Flanagan, Lauren Giovannone, Leslie Rosen, Damian Myers, Adam McGovern, David Spielman, Lynn Feng, Kevin Sholette and Kate Nelson.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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