Speed Commercial and Stonemar Properties arrange 3,000 s/f lease for AAA

The American Automobile Association (AAA) has leased 3,000 s/f for a new membership office at North Regency Square Shopping Center. Speed Commercial Real Estate, together with Stonemar Properties, brokered the transaction for the seven year lease valued at nearly $400,000. The new lease combines what had been two retail spaces and provides for a new HVAC installation, a new storefront, and an upgraded electrical system, according to Jonathan Gould, CEO of Stonemar. The lease terms offer two options to extend the lease for an additional five years.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

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.

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Columns and Thought Leadership

Positive forecast for New York’s pro-housing push? - by Philip Butler

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

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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

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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.

A guide to finding the right NYC property management company - by Sanjay Gandhi

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