News: Brokerage

Regal of ABS Partners secures 3,000 s/f lease

ABS Partners Real Estate has recently completed a 3,000 s/f lease at 363 7th Ave. for Venture Capital firm E-Line Ventures. "E-Line's goal was to find a space that would allow them to promote an open and creative work environment," said ABS broker Douglas Regal. "363 7th Ave. was a perfect fit as it offered them a full floor with high ceilings and dramatic light and views in three directions." Regal represented E-Line Ventures in the transaction. The firm will occupy the 20th floor of the building. Terms of the deal were not disclosed, but asking rents in the building are in the low $40 per s/f.
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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,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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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

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