Famularo and Idnani of NYCRS secure two leases totaling 1,830 s/f; Klatsky of Time Equities reps landlord in 330 s/f lease
New York Commercial Real Estate Services, (NYCRS) secured two leases totaling 1,830 s/f.
The first lease was for 1,500 s/f for a restaurant located at 342 Lexington Ave. The asking rent was $175 per s/f.
James Famularo of NYCRS represented the landlord and Ravi Idnani represented the incoming tenant, Kale Health Food Corp. The lease was a ten year. They are looking to open three more locations this year.
The second lease we signed was at 158 Lafayette Street for 330 s/f. Famularo and Idnani represented the tenant, SoHo Juice Bar. The landlord was represented by Scott Klatsky of Time Equities. The lease was a ten year lease.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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
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
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
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.