News: Brokerage

Clark and Balash of Pyramid handle two leases totaling 26,700 s/f

John Clark, SIOR, CRE, and Brian Balash of Pyramid Brokerage Co./Syracuse, brokered two leases located at Widewaters Office Park totaling 26,700 s/f. Columbian Mutual Life leased 14,700 s/f at 5788 Widewaters Pwy. Columbian is an insurance company that will be moving from their James St. building that Clark and Balash are currently brokering a sale. Pyramid Brokerage also acted as the local broker on behalf of RBC Dain Raucher, a full-service securities firms company, that leased 12,000 s/f at 5790 Widewaters Pwy. Both Widewaters buildings are owned and operated by HRPT Trust Properties. Pyramid Brokerage is a member of the Cushman & Wakefield Alliance of independently owned and operated affiliates.
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Columns and Thought Leadership
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

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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.
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