Pittsfield, MA According to Vanguard-Fine LLC, Kenneth Brownell and Barry Feinman have completed the following two transactions:
• A ten-year lease between Harbor Freight and Phoenix Realty Management. The 15,000 s/f store is located at 690 Merrill Rd.
• The sale of the 75,000 s/f Price Chopper in Dunmore, PA between Wachs Newark Development, LLC and MRSL Dunmore Limitted Partnership. The sale price was $13.075 million.
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,