News: Brokerage

Bell Group secures three year 2,229 s/f renewal for HDR, Inc.

HDR, Inc., an architecture, engineering and consulting firm will remain in 2,229 s/f for an additional 3 years at 16 Corporate Wood Blvd. Bob DeSarbo of the Bell Group along with Courtney Goodall of Jones Lang LaSalle represented HDR with the initial lease as well as the recent real estate transaction. William Picotte at Picotte Companies is 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 the upstate N.Y. area. Each member of the team brings a unique set of skills to every project. Through each partner's area of expertise, they 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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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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
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
Strategic pause - by Shallini Mehra and Chirag Doshi

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