News: Brokerage

Hebron of Ingram & Hebron reps landlord in 20-year, 18,242 s/f lease; Freeman of CB Richard Ellis reps tenant, NYC OATH

Brooklyn NY Robert Hebron of Ingram & Hebron Realty, Inc. represented landlord J.W. Mays, Inc. in a 20-year, 18,242 s/f lease at 9 Bond St. The tenant is New York City's Office of Administrative Trials and Hearings (OATH). The tenant will occupy the full top floor of the building, site of the former Mays Department store. Ingram & Hebron Realty has exclusive landlord representation of both 9 Bond St. and sister building 25 Elm Pl., former location of the fabled Loeser's Department store which operated there from the late 19th century until 1950. The OATH tenancy creates 100% office occupancy of both buildings in transactions comprising over 200,000 s/f, all in leases with landlord representation by Ingram & Hebron Realty. Tenants in the buildings include New York City's Workforce One program, The Brooklyn Chamber of Commerce, NYS Department of Labor, Doshi Diagnostics, Arbor Education and Training, Independence Care System, Goodwill Industries, 1199 SEIU and the headquarters offices of J.W. Mays, Inc., a publicly traded company with real estate holdings throughout the United States. OATH was represented by Michele Freeman and a team at CB Richard Ellis.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

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

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

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,