News:
Brokerage
Posted: May 4, 2021
Funiciello of JF Real Estate brokers 1,700 s/f
Syracuse, NY According to JF Real Estate, the former Roji Tea space in the White Memorial Building, 108 East Washington St., is under lease with a new tea company, 210 Teas.
Matt Funiciello of JF Real Estate handled the transaction, where Kahssia Hills, owner of 210 Teas will occupy about 1,700 s/f. She plans to be up and running late summer 2021.
Hills created the online tea business to honor the subtle yet strong essence of her grandmother. For Hills, tea is a reminder of her family – a reminder of generational love. “Tea provides a soothing sense of comfort that speaks without words, like the omnipresent protection of your ancestors,” she said.
Tags:
Brokerage
MORE FROM Brokerage
The Malin signs long-term lease for entire floor at GFP Real Estate’s 10 Astor Place
Manhattan, NY GFP Real Estate said thatThe Malin, a hospitality-driven workspace operator, has signed a long-term lease for the entire fifth floor at 10
Quick Hits
Columns and Thought Leadership
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
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,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced