News: Brokerage

Buckingham Props. signs 100,000 s/f to new tenants in first quarter; Fiorie of J. Fiorie and Co. represents tenant in 24,800 s/f lease

The Buckingham Properties team leased 100,000 s/f of space to new tenants, with an additional 180,000 s/f of renewal space in the first quarter of 2013. The following leases total 65,800 s/f: * Logical Operations signed a lease to occupy 24,800 s/f in a completely renovated flex building located at 3535 Winton Place. Buckingham's subsidiary, Buckingham Construction is completing the renovation, with occupancy scheduled for June 2013. Joe Fiorie of J. Fiorie and Co. represented the tenant. * MacKenzie-Childs signed a lease to occupy 30,000 s/f at Beaver Road Business Center located at 100 Beaver Rd. * Doodle Bugs! Child Care Centers signed a lease to open a Greece location at Stoney Creek, located on Long Pond Rd. Their new 11,000 s/f space is currently under construction and is scheduled for completion in August 2013. Janell Fracassi of Ardent Commercial Real Estate Advisors represented the tenant.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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,
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,