News: Brokerage

Lemanrealty.com hosts CIREB's July marketing session

On July 7, CIREB's membership met at Edie's Crossing, 4300 Rte. 50, a brand new 20,000 s/f office/flex building. This building is located just 3 miles from I-87 and 15 minutes from Luther Forest Tech Park and features an ultra energy-efficient GEO-thermal heating and cooling system installed by Aztech Geothermal. Edie's Crossing is the Capital District's first nonresidential condo development. A total of 140,000 s/f has been approved and additional buildings of varying sizes will be built as demand dictates. Visit www.4300rt50.com for complete details. Representatives from Aztech Geothermal updated the membership on various financial incentives available through both New York State and the Federal Government for commercial installations of geothermal systems. Visit www.aztechgeo.com for more information.
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Columns and Thought Leadership
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
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,

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