News: Brokerage

Hebron IV of Ingram & Hebron represents the landlord and developer in a 12,000 s/f lease

The U.S General Services Administration will lease 12,000 s/f over a 10-year lease period at the BellTel Lofts, 365 Bridge St. The space will offer federal employees that live or work in Downtown Brooklyn a new federally-sponsored child care center. "BellTel Lofts offers a central location, access to several major subway lines and the opportunity to work or play in a historic building with an extremely rich history," said JJ Bistricer, executive vice president of Clipper Equity, LLC, developer of BellTel Lofts. "We welcome GSA and look forward to seeing many smiling children in the building." BellTel Lofts is a 27-story condominium building in the Metro Tech campus. Restored as an Art Deco masterpiece, it is a designated landmark comprised of 250 residential units. Robert Hebron IV of Ingram & Hebron Realty, Inc. represented landlords and developers Metrotech LLC1 (David and JJ Bistricer) in the negotiations with the federal agency. The tenancy was a result of a public solicitation from the GSA as presented by Hebron and arose from his vision of utilizing the ground floor space in a way that serves both the community and the condominium owners in the building.
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Columns and Thought Leadership
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
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