News: Brokerage

CBRE's Siegel, Bergey, and Bodner rep Jed Root in 10-year 11k s/f lease

CBRE Group, Inc. (CBRE) has completed a 10-year, 11,000 s/f lease of the partial 9th floor at 333 Seventh Ave. on behalf of Jed Root, Inc. Jed Root will relocate from 61 Walker St. CBRE's Stuart Siegel, Matthew Bergey and Daniel Bodner negotiated on behalf of Jed Root. The landlord, Samco Properties, was represented internally. The asking rent was $40 per s/f. "Jed Root was attracted to the space by the low price and the opportunity to be in a cool neighborhood," said Bergey. The 21-story, 200,000 s/f building, known as The Fur Trade Building, is located between 28th and 29th Sts.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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
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
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.