News: Brokerage

Majerovsky of Citywide reps tenant in 5,000 s/f lease at 158 W. 29th Street

According to Citywide Properties, Inc., Angelsoft has expanded and will relocate to the entire 11th floor at 158 West 29th St. from East 23rd St. "Although the terms of the lease were undisclosed, the 5,000 s/f space consists of several built window offices, reception area, conference room, work station and new windows with plenty of sunlight," said Sasha Majerovsky of Citywide Properties, Inc., who represented the tenant. Harvey Drucker of BRO Realties, LLC. represented the landlord in-house. Angelsoft is a fast-growing Web 2.0 company founded by David S. Rose, described by Red Herring magazine as "patriarch of New York's Silicon Alley." The offices will also house Rose Tech Ventures, the company's parent venture capital firm, which has funded over 40 startups in the city's rapidly expanding technology sector.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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,
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