News: Brokerage

Biniszkiewicz of Pyramid reps seller in $630,000 sale of 26,000 s/f building

Modern Disposal has purchased the 26,000 s/f industrial warehouse building located on 5.5 acres from Clove Hold, Inc. The 5.5-acre property, located on 590 Elk St., was sold for $630,000. Robert Biniszkiewicz of Pyramid Brokerage Company, a Cushman & Wakefield Alliance Member, represented the seller and Peter Jaremka of Militello Realty represented the buyer. Pyramid, founded in 1971 in Syracuse, is one of upstate New York's largest and regional commercial real estate services firms with over 100 agents in 10 offices across the state. Their office locations include: Syracuse, Albany, Binghamton, Buffalo, Corning, Elmira, Ithaca, Hudson Valley, Rochester, Syracuse, Utica and Watertown.
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Columns and Thought Leadership
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,

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

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