News: Brokerage

Conley Associates brokers three leases totaling 12,073 s/f

Conley Associates has completed three leases totaling 12,073 s/f. The deals include the following: * Liz Kormos of Conley represented the tenant, Upstate Office Equipment, Inc, in the leasing of 1,453 s/ft of office space at 12 Metro Park Rd. The landlord is Wychwood Associates. * Eric Simonds, CCIM, of Conley represented the tenant, Capital Communications Federal Credit Union, in the leasing of 8,720 s/f of office space at 21 Aviation Rd., Albany. The landlord is Aviation Rd. Properties. * Zac Conley, CCIM, of Conley represented the tenant, Flying Geese Fabrics, in the lease renewal of 1,900 s/f of office space at 501 New Karner Rd., Albany. The landlord is Rosetti Associates. Conley is a commercial real estate firm that provides services through four divisions: advisory services, tenant/buyer representation, design services and construction supervision. The firm was established in 1993.
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Columns and Thought Leadership
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
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
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 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.