Category: Brokerage
A check list for preparing a multifamily investment property for sale - by Russell Gullo
March 3, 2020
So, you are thinking about selling your multifamily investment property. The value of your asset will be determined by the income stream that it produces, what is called, its Net Operating Income (NOI).
Empire Commercial Const. awarded 2,661 s/f build out
March 3, 2020
Rochester, NY Empire Commercial Construction, a retail and small-project focused company, was awarded the construction contract for the interior build-out of Rochester Family Orthodontics. Empire teamed with Greater Living Architecture, P.C. to
Feinberg of Sutton Real Estate Co. handles $575,000 sale in Syracuse
March 3, 2020
Syracuse, NY Sutton Real Estate Co. have completed the following: Kristen Nave and Karen LaRocca of Sutton represented Smith Housewares & Restaurant
JF Real Estate secures private office in ShareCuse coworking space for Archaki of Higher Ed Insight
March 3, 2020
Syracuse, NY According to JF Real Estate, Higher Ed Insight (HEI), a Washington D.C.-based company with employees around the country, leased a private office in ShareCuse, downtown’s newest coworking space, located at 224 Harrison St.
Coughlin to lead 2020 Upstate Appraisal Inst.
March 3, 2020
Syracuse, NY According to the Upstate New York Chapter of the Appraisal Institute, Richard Coughlin, MAI has been elected as the 2020 president. Coughlin, a director at Integra Realty Resources, has experience in the appraisal of a variety of
Bebon joins AmTrust
March 3, 2020
New York, NY Michael Bebon has joined AmTrust Title Insurance Co.’s CRE division as senior executive vice president of direct operations.
C&W/Pyramid Brokerage Co. leases 49,000 s/f for Retech Systems
March 3, 2020
Buffalo, NY Retech Systems LLC has signed a deal to lease 49,000 s/f at the Northland Workforce Training Center. The completion of this deal with the California-based firm means that the facility located at 683 Northland Ave. is now 93% occupied.
Viridi Parente raises $29 million; funding led by Grand Oaks Capital
March 3, 2020
Buffalo, NY Viridi Parente, Inc., which manufactures renewable power systems for heavy machinery and storage applications, has secured $29 million in a Series B funding round led Grand Oaks Capital, an investment firm founded by Paychex founder and
Investment Sales: The new “normal” in NYC multifamily investment sales - Michael Weiser
March 3, 2020
In the late 1990s, prices for rent regulated apartment buildings ranged from four to eight times the rent depending on the borough and location. For most of the lower to middle income neighborhoods at that time, the spread between rent-stabilized and
LERA elevates Jang to partner and promotes eight
March 3, 2020
New York, NY According to LERA Consulting Structural Engineers (LERA), Seokkwon Jang, Ph.D., P.E., has been named a partner. With the firm since 2004, Dr. Jang leads many of LERA’s commercial
Sukhram of Buy-N-Sell Realty sells 20,000 s/f retail property; Landsworthy Holdings buys retail plaz...
March 3, 2020
Schenectady, NY According to Subhash Sukhram, owner/broker of Buy-N-Sell Realty Inc., they have sold a retail plaza at 1635-1643 Eastern Pkwy. at auction. Landsworthy Holdings LLC purchased the property at
Where can §1031 replacement property be located? - by Pamela Michaels
March 3, 2020
Since the Tax Cut and Jobs Act of 2018, real estate investors in the Northeast have had significantly increased appetites for purchasing replacement property in low or no income tax states. Many might say investors are
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