Gilco Realty LLC arranged the signing of the first lease at 1150 Webster Ave. The building is currently under a gut renovation transforming from a parking garage into retail and offices. Michael Gilbert of Gilco represented landlord, 1150 Realty LLC, and tenant, Dollarland.
Dollarland will occupy 7,000 s/f of the 16,000 s/f ground floor space. The building still has another 9,000 s/f on the ground floor as well as 16,000 s/f of office space on the second floor.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
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
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,
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.