News: Brokerage

Gilbane Development selects THE CABOT GROUP to manage Mount Hope Lofts

THE CABOT GROUP has been selected by Gilbane Development Co. to manage and lease the new Mount Hope Lofts at College Town. The 17-acre mixed-use development consists of commercial and residential space adjacent to the University of Rochester Medical Center and provides the community a vibrant, one-of-a-kind place to live, learn, dine, shop, work and play. The Mount Hope Lofts consist of 154 second, third and forth-story residential units that line Mount Hope Ave. and Elmwood Ave. In addition to the Mount Hope Lofts, College Town will consist of a 20,000 s/f market, a two-level Barnes & Noble university/community bookstore, a 136-room Hilton Garden Inn, 50,000 s/f of new class A office space, and numerous new shops and restaurants.
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Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi

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
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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