News:
Brokerage
Posted: August 25, 2014
DiBella of Pliskin Realty & Development brokers 4,000 s/f to Ashley Furniture HomeStore at 436 Rockaway Avenue, Brooklyn
Michael DiBella, a sales associate with Pliskin Realty & Development, a retail real estate brokerage, property management and investment firm, served as the exclusive broker in a 10-year lease of a 4,000 s/f retail space with full basement located at 436 Rockaway Ave. The new tenant in the space, formerly occupied by a pharmacy convenience store, is Ashley Furniture HomeStore. The location is a thriving retail market with many other leading brand retailers in close proximity. Ashley Furniture is currently renovating the space for its showroom design and is expected to open in the fourth quarter of 2014. DiBella represented the tenant and the owner, a private investor.
DiBella, who joined Pliskin in February, concentrates on property sales and leasing assignments. He brings to his role extensive sales experience, as well as direct retail experience as a former owner/manager of multiple food and beverage enterprises.
Pliskin Realty & Development is one of the leading real estate brokerage, property management and investment firms in the New York-Metropolitan region specializing in retail real estate. Pliskin is one of the most active brokerage firms representing a wide range of properties, from the largest shopping centers to smaller, strip centers and standalone properties. The company successfully meets the needs of diverse clients, from major national retail brands and franchisors to local businesses, property owners and private investors. Among its many longstanding clients are Advance Auto Parts, Sally Beauty Supply, Ethan Allen Furniture, La-Z-Boy Furniture, Fed Ex/Kinkos, Vitamin Shoppe, 7-11, Walgreens, Municipal Credit Union, Planet Fitness Gyms, Sleepy's, Subway, Angel Tip Nail Salons, Elizabeth Arden, BMW and Kiddie Academy. Pliskin's geographic concentration is on Long Island and the five boroughs of New York City. Pliskin also manages over 1.25 million s/f of properties in the NY area and nationally for investors.
Tags:
Brokerage
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
Columns and Thought Leadership
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
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
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.
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,
