News:
Brokerage
Posted: September 9, 2025
Houlihan Lawrence sells Barrie House Coffee’s roasting facility
Mount Vernon, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, negotiated the sale of Barrie House Coffee Company’s 13,700 s/f roasting facility at 216 South 13th Ave. for $2.8 million.
After being in business for 90 years, Barrie House Coffee Co. ceased operations in February. The company’s distribution center in Elmsford also closed. Westside Party Rentals, which is located next door to the Barrie House Coffee building, purchased the property for expansion of their operations.
Andrew Grossman from Houlihan Lawrence Commercial represented both sides of this deal. “It was truly a good match for the buyer’s expansion requirements and equally good for the seller to have the flexibility on the time to move. I compliment both sides of the table on working well together. Teamwork makes the dream work. This was certainly the case here,” he said.
Tags:
Brokerage
MORE FROM Brokerage
Mongone joins Kirkland & Ellis as partner in real estate practice group
Manhattan, NY Kirkland & Ellis said that Anthony Mongone Jr., has joined the firm as a partner in the real estate practice group.
Quick Hits
Columns and Thought Leadership
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
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,
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.
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
.gif)