Zar Property leases 43,000 s/f at 349 Fifth Avenue
WE WORK NYC signed a 15-year lease and will occupy the entire commercial portion of 349 Fifth Ave. (a total of 43,000 s/f on floors three to eight.) WE WORK NYC will run the entire space as executive office suites, conference rooms, and virtual offices and will have a dedicated lobby on 34th St. Dario Zar, Simon Zar and David Zar of Zar Property NY purchased the 64,000 s/f corner building early 2010 from JPMorgan Chase, who vacated the upper floors and leased back the retail branch for 20 years.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.
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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.
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
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