News: Brokerage

CB Richard Ellis | Buffalo wins four awards at NYSCAR dinner

CB Richard Ellis|Buffalo (CBRE|Buffalo) received four awards at the 10th Annual Western New York Chapter of the New York State Commercial Association of Realtors (NYSCAR) Awards Dinner held February 10. Jeffrey LiPuma, managing partner of CBRE|Buffalo, won the award for the largest sales transaction for the sale of Youngman Plaza in Tonawanda, New York. Located at 746-900 Young St., the retail plaza encompasses 318,166 s/f and sold for $17.325 million. In addition, Stephen Blake received the award for the largest sales transaction in terms of square footage for his role in the sale of 701 Seneca St., a 1.25 million s/f mixed-use building. Currently undergoing extensive renovations, 701 Seneca St. has been rebranded as Larkin Center of Commerce. Blake was awarded 1st runner up for largest lease transactions for the representation of Cardinal Health in their 150,026 s/f lease at 3356 Walden Ave. in Depew, and for representing Erie Logistics, LLC to secure 100,000 s/f at 100 Allied Dr. in Cheektowaga.
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Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing