Rowe and Meril of FirstService Williams arrange 3,929 s/f lease
FirstService Williams New Jersey arranged a five-year, 3,929 s/f office lease on behalf of PVM Oil Associates Inc. at 5 Marine View Plaza. Hoboken Associates, LP is the landlord. PVM Oil Associates is relocating its N.J. office within the building, moving from the second floor to the third floor. Nearly doubling its space, PVM Oil Associates will relocate in February. Doug Rowe and Leslie Meril of FirstService Williams led the negotiations on behalf of PVM Oil Associates. Glenn DiGiacomo represented the landlord internally.
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.
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
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