Sullivan and Siegel of CBC Alliance arrange sale of 110 East 40th Street

Coldwell Banker Commercial Alliance's (CBC Alliance) Thomas Sullivan, executive managing director, and Wayne Siegel, senior managing director have arranged the sale of a commercial condominium unit at 110 East 40th St., between Park and Lexington Aves., to DA Grand Central, LLC, a general and cosmetic dentistry practice. Headed by Dr. Daniel Chow and known as Cosmetic Dentistry NYC www.cosmeticdentistnyc.com, the practice is planning to move into the 2,540 s/f ground level professional space by second quarter 2013. "Dr. Chow, who is a well-established practitioner in the Grand Central district, realized the benefits that ownership of his space can offer over leasing in the long-term," said Sullivan. "We were glad to be able to negotiate very good terms for the group." Representing the sponsor, Philips International, were Scott Klau and Zach Weil of Newmark Grubb Knight Frank. To read more stories like this, visit our Front section.

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BDB Construction to complete 142,000 s/f hotel-to-student housing conversion and reconstruction

Columns and Thought Leadership

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

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

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,

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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.