News: Brokerage

Goldschmidt & Associates brokers 11 deals: 31,117 s/f

According to Eric Goldschmidt of Goldschmidt & Associates, the company has brokered 11 deals totaling 31,117 s/f. Goldschmidt was sole broker for three transactions: 3,800 s/f leased by The Louis Berger Group at 565 Taxter Rd., Elmsford. Carol McGuire represented the landlord, Mack-Cali Corp.; 6,000 s/f at 1291 Saw Mill River Rd., Yonkers, to Ferncliff Manor; and 2,560 s/f to Sky Telecom at 140 Huguenot St., New Rochelle. Josh Jacobs leased 4,500 s/f to Harvest Market at 24 Grand Ave., as part of the new CVS development in the Fleetwood section of Mt. Vernon. CVS is creating a new 18,500 s/f pharmacy and store at the former A&P site. David Szabo leased 2,030 s/f to Dunkin Donuts at the Hillcrest Shopping Center in Spring Valley. Royal Properties represented Dunkin Donuts. Szabo also leased 2,277 s/f to 7-Eleven represented by Stephan Sanders, at 167 Martine Ave., White Plains and 560 s/f at 2 Overhill Rd., Scarsdale to Dr. Jennifer Lee, a psychologist. Bill Gerstein leased 1,150 s/f to Dr. James Min, an area dentist at 1719 East Main St., Mohegan Lake and 3,540 s/f to Dance Expressions at 982 Main St., Fishkill. Pam Bren Goldschmidt leased 1,400 s/f to State Farm Insurance at 1333 North Ave., New Rochelle. Rob Seitz leased 3,300 s/f at 175 Memorial Hwy., New Rochelle to a medical group. Goldschmidt said that the retail and commercial market is beginning to improve. All of its agents have been active and are negotiating additional deals which are expected to close soon. Goldschmidt & Associates has been assigned many more exclusive agencies which can be viewed on its website www.ga-re.com. Goldschmidt & Associates specializes in the sale and leasing of retail, commercial, industrial and multifamily properties in the New York metro area. It is currently seeking properties for purchase by two clients seeking 1031 exchanges for $10 million and $30 million, as well as new sites for CVS in Westchester County and New Haven County, Conn.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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,

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