Zimmerman to serve as first vice president of CB Richard Ellis' downtown Manhattan office

According to Sheldon Cohen, senior managing director of CB Richard Ellis' downtown operations, the firm has appointed Leonard Zimmerman as first vice president. Prior to joining CBRE, Zimmerman served as a managing director at Grubb & Ellis New York, specializing in tenant and ownership representation, strategic real estate planning and market research. During his tenure with the firm, he was instrumental in negotiating several high profile transactions for national and international companies including Qwest Communications Corp. Recently, he completed a 33,000 s/f deal for John Jay College and represented the Screen Actor's Guild for their East Coast office requirements. Zimmerman is an active member of several industry organizations including the Real Estate Board of New York.

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AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

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AmTrust secures 15,214 s/f lease at 360 Lexington Ave. with Citymeals on Wheels

Columns and Thought Leadership

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

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

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,

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