News: Brokerage

JF Real Estate arranges three leases: 22,050 s/f

JF Real Estate, Inc. has completed three lease deals totaling 22,050 s/f. Medical Management Resources Inc. (MMRI) represented by Charles Sangster, senior VP of JF Real Estate, Inc. has signed a lease to expand the operation at 5000 Brittonfield Pwy. by 3,650 s/f and renew their lease of 16,800 s/f for a total of 20,450 s/f. Roofing Trade Services, Inc. has leased 1,100 s/f at 8392 Oswego Rd., Liverpool. The building is owned by Carey & Daley Physical Therapy, PC. Rick Policastro and Martin McDermott of JF Real Estate were the brokers. Sammy Malone's Pub in Baldwinsville currently leases 1,100 s/f and has expanded into an additional 500 s/f on the first floor. This will add more bar space and additional seating. Policastro was the broker.
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NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
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The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking