News: Brokerage

Gluckstal and Canzoneri of Sabre arrange $1.2 million sale

Sabre Investment Group has arranged the $1.2 million purchase and leaseback of a Burger King restaurant. The 3,545 s/f restaurant was sold by Carrol's LLC, one of the largest franchisees of Burger King restaurants, which agreed to a lease back deal with the buyer, Poggio Darpi LLC, a Forest Hills-based real estate investor. The restaurant is located at 4371 Portage Rd. Corey Gluckstal and Guy Canzoneri, principals of Sabre, represented the purchaser. Glen Kunofsky, a senior director of Marcus & Millichap, represented the Syracuse-based seller. Sabre Investment Group, established earlier this year, handles investment transactions of shopping centers, multi-family residential and single-tenant triple-net retail properties.
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Columns and Thought Leadership
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
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,
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