News:
Brokerage
Posted: July 27, 2015
Delavale of Breslin Realty secures three leases totaling 10,108 s/f
Robert Delavale of Breslin Realty arranged the following long-term leases totaling 10,108 s/f at Whitman Plaza:
* One Main Financial will occupy 2,000 s/f in the newly renovated shopping center. One Main Financial, formerly called CitiFinancial, offers personal loans, and has branches nationwide.
* Medical Rehabilitation Centers of Pennsylvania (MRCP) ll occupy 6,500 s/f. MRCP is a full service rehabilitation center that offers physical therapy, physiatry & orthopedic consultation, and resources for diagnosing and treating traumatic injuries.
* GameStop will occupy 1,608 s/f. GameStop is a global, specialty retailer of video game products, consumer electronics, and wireless services.
Additional Whitman Plaza retail also includes: Burlington Coat Factory and Ross Dress For Less.
Club Metro USA, Pathmark, Rainbow Shoppes, GNC, and Party City.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Quick Hits
Columns and Thought Leadership
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,
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
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,
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
