News: Brokerage

Conley Associates brokers five leases totaling 52,374 s/f in Albany area

Conley Associates has completed five leases totaling 52,374 s/f. The deals include the following: * Conley represented the tenant, CapitalCare Medical Group, in the expansion and extension of their 16,350 s/f office space located at 501 New Karner Rd. Conley's Design Division assisted in the layouts and finishes of the completed space. The landlord is Rosetti Associates. * Conley represented the tenant, Certified Allergy Consultants, PC, in a relocation to a 4,800 s/f "to be built" building located at 6 Emma Ln., Clifton Park. Conley's Design Division assisted in the layouts and finishes of the completed space. The landlord is Provident Development Group, LLC. * Conley represented the tenant, Spectrum Environmental Associates, Inc., in a relocation to a 3,600 s/f office space located at 2539 Albany St., Schenectady. The landlord is Albany St. Ventures II, LLC. * Conley represented the tenant, MTI Instruments, in a lease renewal of 17,424 s/f of office space located at 325 Washington Ave. Extension. The landlord is Carl Touhey. * Conley represented the tenant, Ryan Biggs, in a relocation to a 10,200 s/f office space located at 257 Ushers Rd., Clifton Park. The landlord is 257 Ushers Road, LLC.
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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,

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