News: Brokerage

Delgorio of Cohen handles 10,000 s/f lease renewal at 333 Westchester Ave.

MacSteel International USA Corp. has signed a long-term renewal for 10,000 s/f of office space at 333 Westchester Ave. The property is the former General Foods headquarters complex that developer/owner Charles Cohen has transformed into an elite multi-tenant corporate center. The move comes on the heels of Amalgamated Life Insurance's 132,000 s/f relocation to the park as well as recent lease renewals by Total Renal Care and Epilepsy Neurophysiology Medical Consulting. MacSteel was represented by Craig Ruoff and Rick Rakow of Rakow Commercial Realty Group. Fran Delgorio, senior VP of leasing and marketing for Cohen Brothers Realty Corp., represented the landlord. In addition to the big Amalgamated Life Insurance space commitment, Endurance Reinsurance Corp./Endurance U.S. Holdings recently expanded to over 44,000 s/f in the park. Anchored by four interconnected mid-rise office buildings surrounded by landscaped gardens and courtyards, 333 Westchester Ave.'s on-site amenities include a 15,000 s/f, freestanding, fitness center with exercise equipment, personal trainers and a half-basketball court; over 2,000 parking spaces; Bistro 333, a catering and business eatery; and a conference center with meeting space for 200. Cohen, president and CEO of Manhattan-based Cohen Brothers Realty Corp., heads a multi-faceted real estate development company that owns and manages over twelve million s/f of prime Manhattan, west side Los Angeles, Florida and Houston commercial space. The firm has been active for over 40 years in real estate investment, ownership, management, and development.
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
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.
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