Siano of CBRE L.I. brokers 1,900 s/f Five Guys lease
Five Guys Burgers & Fries have opened a new location at 350 Rte. 110. The national burger chain opened its fifth location on L.I. in 1,900 s/f of retail space at the Huntington Shopping Center. Jayson Siano, a top retail real estate broker at CB Richard Ellis' L.I. office, arranged the long-term lease transaction on behalf of Five Guys Burgers & Fries.
"The Rte. 110 corridor was a 'no brainer' for this concept: The regional shopping as well as residential and daytime population will keep them busy for both lunch and dinner seven days a week" said Siano.
The shop joins other major national retailers at Huntington Shopping Center including Bed, Bath & Beyond, Barnes & Noble, Petsmart, Michael's, Lesters and Verizon Wireless, among others.
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