News: Brokerage

Bucci of Hemisphere Holdings completes $1.63 million sale of four-building apartment portfolio; Deal finances by Pathfinder Bank

Andrea Bucci, the east region sales manager of Hemisphere Holdings Corp., brokered the $1.63 million sale of a four-building Syracuse University apartment portfolio. The portfolio consists of 19-units with 39 beds located at: 826-828 Ackerman Ave., 423 Euclid Ave., 607 Walnut Ave. and 519 Walnut Ave. The deal was financed by Pathfinder Bank. The seller was GH Holdings and the buyer is undisclosed. Hemisphere Holdings is a commercial real estate firm specializing in the brokerage of multifamily properties and mobile home parks.
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Columns and Thought Leadership
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
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,