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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Columns and Thought Leadership
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 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
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.
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