News: Brokerage

Benz of the Bell Group assists in 6,700 s/f lease for non-profit

With the help of Pat Benz of the Bell Group, Legal Aid will be moving into their new offices in the Professional Towers office building. Benz worked with the client in the real estate transaction. The Bell Group is a commercial real estate firm specializing in tenant representation and construction program management. The not-for-profit company, who previously occupied 30 Fayette St. in Binghamton, will lease the entire second floor, 6,700 s/f, of the newly redeveloped, 12-story office tower at 19 Chenango St. The Bell Group was able to find the new location and negotiate the lease terms to also include a turn-key build-out and some building and site modifications to accommodate Legal Aid's specific needs. The Bell Group worked with Susan Millham of Pyramid Brokerage who represented the landlord. The Bell Group was founded in 1986 to respond to the need in the marketplace for a real estate consulting firm specializing in tenant representation services in Upstate. Each member of the team brings a unique set of skills to every project. Through each partner's area of expertise, we create a project specific team for every transaction, guaranteeing maximum benefit and protection for our clients. Their experience in construction, development, property management, financing, lease negotiations, acquisition and disposition give them the necessary tools and knowledge to consistently reduce our client's real estate and occupancy costs.
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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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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,

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