News: Brokerage

Lee NYC to market 4,800 s/f mixed-use building in Brooklyn

The New York office of Lee & Associates NYC LLC (Lee NYC), a privately-held national commercial real estate firm, holds the exclusive agency on a build-to-suit mixed-use building at 137 Grand St., located between Bedford Ave. and Berry St., in Williamsburg. The space comprises 4,800 s/f, with the ground and second floors at 1,600 s/f each, a 1,600 s/f basement and 25 ft. of frontage. Managing director and principal Garry Steinberg and Jaime Schultz, associate, will market the retail space. The immediate neighborhood is home to such local staples as Bicycle Doctor, Self Salon, B.A.D. Burger and oyster bar Maison Premiere. "Here in the heart of Williamsburg, this space gives all types of businesses plenty of room to spread out and get creative," said Steinberg. "For example, this would be ideal for a retailer that wants work space, a retail store and a showroom in one location." "A creative company would also be a great fit for this dynamic neighborhood," said Schultz. "A music school is a prime example of an organization that could thrive with this location and layout." Asking rent is to be discussed with interested tenants and their brokers.
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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
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

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