News: Brokerage

Hebron Sr. and Hebron IV of Ingram & Hebron lease 57,200; Served as exclusive leasing broker for landlord, J.W. Mays

Robert Hebron, Sr. and Robert Hebron IV of Ingram & Hebron Realty, Inc. represented landlord and tenant in a ten-year, 57,200 s/f lease at 9 Bond St. site of the former Mays Department store. Ingram & Hebron is the exclusive leasing brokerage for landlord J.W. Mays, a publicly held company. J.W. Mays owns two large office and Retail buildings (9 Bond St.and 25 Elm Pl.) within the same two block area. 25 Elm Pl. is fully leased with office tenants including The Brooklyn Chamber of Commerce, Arbor Education & Training, Brooklyn Bureau of Community Service, Goodwill Industries and Independence Care System. Existing office tenants at 9 Bond St. include Workforce1 Career Center, Doshi Diagnostics and landlord J.W Mays. The newest tenant at 9 Bond St. is to be the NYS Department of Labor which will have administrative and hearing functions at the site. Occupancy is expected early this year subsequent to construction of the space. Ingram & Hebron Realty is exclusive agent for 1.2 million s/f of commercial space in the downtown area and has brokered numerous retail and office leases there. Recent additional retail leases completed include the newest Ricky's store at 107 Montague and Korres, a Greek natural products firm at 140 Montague St. The firm has sold over 600,000 s/f of office space, and $50 million of land and buildings for redevelopment in the borough.
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Columns and Thought Leadership
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
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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,