News: Brokerage

The Dagar Group leases 19,200 s/f at Country Commons in Lagrange

The Dagar Group Ltd. of Fishkill has nearly completed the leasing at Country Commons. The 20,2000 s/f project is located at the intersection of Rtes. 55 and 82. "We are pleased to have only a single 1,000 s/f space left," said Glen Repko, senior VP of Dagar. "Leasing began in 2008 just as the economy started slowing down but we have successfully attracted a great mix of tenants for Country Commons." Tenants now include Snap Fitness, Chop Stix, Pizza Express, Smokes 4 Less, Country Commons Discount Cleaners, Mama Sammy's Deli, Dollar Stop, Country Commons Liquor Store and Country Commons Beverage Center. Bridgeway Federal Credit Union occupies a freestanding 2,200 s/f location on the site. Dagar is the exclusive leasing and managing agent for Country Commons which is owned by Country Commons, LLC.
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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 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
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
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.
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,