News: Brokerage

Dunbrack of Philips negotiates two leases totaling 2,617 s/f; Ain of RE/MAX assists with 1,349 s/f deal

Philips International has signed two long term leases with two cellular phone service and products retailers at Philips Plaza on 601 Sunrise Hwy. totaling 2,617 s/f. Signing leases at the newly renovated shopping center were Ameritel for 1,268 s/f, and ZCom for 1,349 s/f.  Ameritel will sell T-Mobile products and services while ZCom will sell Verizon Wireless products and services. "Ameritel and ZCom will join our authorized AT&T products and services dealer, giving Philips Plaza three wireless stores adjacent to one other in the center which, I believe, is one of the first such instances on Long Island," said Mark Dunbrack, leasing associate of Philips. "Presently 100% leased, Philips Plaza now offers the community a one stop shop to choose their cellular provider, products and services." Dunbrack represented Philips in both transactions, and Gary Ain, associate broker, at RE/MAX Unlimited represented ZCom.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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,