News: Brokerage

Crocker of Prudential First handles $1.788m sale of 16,000 s/f building

Dana Crocker, ABR, of the commercial group at Prudential First Properties, brokered the listing and selling of 727-29 S. Crouse Ave. The property was sold to 727 LLC, a local corporation. This property is unique as an investment because of its location near Syracuse University and Medical Centers. 727-29 S. Crouse Ave. is one of the largest privately held retail properties on the Syracuse University Hill. The 16,000 s/f building sold for $1.788 million. Prudential First Properties commercial group provides real estate services for the commercial and industrial markets including: office, medical, manufacturing, warehouse, retail and investment. They offer comprehensive commercial services including: negotiation of sales and leases, site selection, land development, build-to-suit options, acquisition and disposition, and development consultation.
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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
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
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,