News: Brokerage

Kalmon Dolgin Affiliates arranges 1,600 s/f Lease for Hair Removal Spa at 130 Montague Street in Downtown Brooklyn

Kalmon Dolgin Affiliates, Inc. (KDA) has arranged a 1,600 s/f, long-term lease for European Wax Center, a hair removal spa, at 130 Montague Street. Kalmon Dolgin and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, made the announcement. James Dario Jr. of Kalmon Dolgin Affiliates represented the tenant, European Wax Center, and the owner, Thor 130 Montague Street LLC, in the deal. The four-story, mixed-use property totals 7,569 s/f and includes nine residential apartments and two commercial units. The retail tenant at the garden level a few steps below grade is a popular nail and beauty spa, Dashing Diva. The European Wax Center will occupy 1,600 s/f in the parlor level retail unit, a few steps above grade. Located between Clinton and Henry streets, 130 Montague Street is located in vibrant Downtown Brooklyn, which offers a variety of shopping, dining and lifestyle options. Transportation throughout Brooklyn, Manhattan and Queens is available via the A, C, F, N, R, 2, and 3 subway lines, Atlantic Avenue, the Brooklyn Queens Expressway, and the Brooklyn Bridge.
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Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced