News: Brokerage

Zeller and Coe of C&W rep landlord, W&H Properties, in 8,000 s/f lease

AMSEC, LLC, a wholly owned subsidiary of Northrop Grumman Shipbuilding, has leased 8,000 s/f at W&H Properties' 112 West 34th St., according to Fred Posniak, senior VP of W&H. "The quality of 112 West 34th St. and its superb location were equal factors in AMSEC's decision," said Posniak. "The building's recently completed $80 million upgrade program has resulted in a corporate environment with the prestige, amenities and professionalism that befit a firm of this caliber. And its proximity to Penn Station, the PATH trains, nearly a dozen subway lines and the Port Authority Bus Terminal provides unsurpassed convenience." George Relyea of CBRE represented AMSEC. Barry Zeller and Audrey Coe of Cushman & Wakefield represented the landlord.
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Columns and Thought Leadership
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
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,

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
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.