News: Brokerage

Flaum Management Company hosts April 10th monthly meeting of Rochester NYSCAR

Flaum Management Co., Inc. hosted the monthly meeting of the Rochester Area chapter of the New York State Commercial Association of Realtors (NYSCAR). The event took place at Westmar Plaza, for which Flaum recently took over leasing. The 162,000 s/f center which is owned by The Brookhill Group, is anchored by Big Lots and contains a variety of local and regional retailers. The center also offers internal business offices as well as some high bay warehouse spaces complete with loading docks and grade doors. Several turnkey spaces are available for small retailers specifically:dance studio, beauty salon, call center, sales offices, etc. Flaum Management is currently leasing space between 500 s/f and 20,000 s/f at the plaza. Flaum established in 1985, is a full-service regional real estate development and property management firm. Services provided include: property acquisition, management, leasing, design, construction, development and financing. FMC and its president, David Flaum, are acknowledged leaders and innovators in the real estate development and property management fields. The company has extensive property holdings throughout the northeast and has developed particular expertise in the redevelopment of difficult or troubled properties.
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CM&B completes Activate Games’ NYC debut in Union Square

Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
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Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.