Feinberg and Rupprecht of CBRE/Syracuse arrange 10,400 s/f lease
Bart Feinberg and Mark Rupprecht, CCIM, of CBRE/Syracuse, brokered the lease of a 10,400 s/f warehouse/manufacturing building at 1 Dwight Park Dr. The space will be occupied by Infinity Spring, a newly formed spinoff of Midstate Spring, an East Syracuse manufacturer of precision springs and wire forms.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 42 Richardson St., a development site located in the Williamsburg section of the borough, for $2.9 million to the Potrapeluk family.
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
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
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,