O'Brien and Cohen of M. C. O'Brien sign two leases totaling 20,850 s/f
M. C. O'Brien, Inc., has signed two long-term leases in the greater Midwood area totaling 20,850 s/f. In the first deal, Amazing Savings, LLC committed to a 12-year lease for a 17,400 s/f one-story retail building plus partial basement. This building, formerly occupied by Bargain Hunters, is located at 1605 Ave. M. They will develop this site as a flagship location and will be undertaking renovations including a new storefront, HVAC, electric, plumbing as well as new epoxy flooring throughout.
In the second lease, Brighton Beauty Supply committed to a lease for a 3,450 s/f retail store located at 1305 Kings Hwy. This will be Brighton Beauty Supplies 4th location and they will undertake a renovation of this former Burger King.
M. C. O'Brien, Inc., was retained as the exclusive broker for both properties and acted as the sole broker in both transactions. William O'Brien, SIOR and Karen Cohen represented M.C. O'Brien, Inc.
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.
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.
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
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