Newman and Caracappa of W&M completes 2,183 s/f lease expansion
After signing its initial lease 18 months ago at W&M Properties' 500 Mamaroneck Ave., Stark Business Solutions has expanded its space there by 2,183 s/f, bringing its total occupancy to 13,578 s/f, according to Jeffrey Newman, executive VP of W&M Properties, the marketing and management agent for the building.
The tenant will occupy the space until 2018. W&M Construction will build out the new space for the tenant. Newman and assistant VP Kathleen Caracappa represented the landlord. Eric Goldschmidt of Goldschmidt & Associates represented the tenant. 500 Mamaroneck Ave. is a five-story, 285,000 s/f, multi-tenanted office building.
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.
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 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
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.
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