News: Brokerage

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.
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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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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
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.