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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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account