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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Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
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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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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