News: Brokerage

Burdett of Flaum Management negotiates leases for Rent-A-Center

Flaum Management Company, Inc. has negotiated three new leases totaling 11,955 s/f on behalf of Rent-A-Center. Scott Burdett, vice president of marketing/brokerage services negotiated the deals on behalf of his client Rent-A-Center. Rent-A-Center has opened a 4,530 s/f space in D&L Plaza anchored by Top's Markets and Big Lots. The center is owned by Phillips Edison & Co. and was represented in-house by Tom Keller. In Penn Yan, Rent-A-Center has opened in a 3,825 s/f space in Lake Street Plaza anchored by Peeble's. The center is owned by a Seanco and was represented in-house. In Greece, Rent-A-Center has opened a 3,600 s/f space in Northgate Plaza anchored by Wal-Mart Supercenter. The center is owned by the Widewaters Group and was represented in-house by Tracy Lauer. Flaum Management is a full-service commercial real estate company based in Rochester, NY with extensive property holdings through the Northeast. Flaum Management Company, Inc. specializes in the development, redevelopment, and management of retail, office & industrial properties. Flaum Management is a leader in Landlord Representation, Tenant Representation & Site Selection, Investment Brokerage, Property Management, and Construction Management services.
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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,