Fulton, NY According to Sutton Real Estate Company, LLC, Bart Feinberg has handled the following transactions:
• Feinberg represented the landlord, in a 38,000 s/f lease at 99 Harris St. to Giovanni Foods who was represented by Ed Rogers of JF Real Estate.
• Feinberg represented the buyer, Fady Kased, while Karen Cannata-LaRocca represented the seller in the sale of 1720 Erie Blvd., a 7,500 s/f building in Syracuse, for $195,000.
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,