NYCRS agents James Famularo and Ravi Idnani signed a lease at 311 West Broadway with Aksel Group, a men's clothing boutique. The store is 1,110 s/f and is located on the ground floor of the Soho Mews. They exclusively represented the boutique owner, Yazid Aksas. Asking price for the space was $125 per s/f.
Currently, Aksas has San Francisco-based Aksel which sells fashion, shirts, socks, footwear along with accessories like iPad covers, all of which are made in Europe. This is the second high end fashion retail store Famularo and Idnani signed in this complex.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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
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.
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
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