Lopez and Wadler of Kalmon Dolgin Affiliates negotiate 2,500 s/f lease
According to Neil Dolgin, executive VP of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a new five-year, 2,500 s/f lease for Master Improvements, a contracting company, at 245 Russell St. in the Greenpoint section. With this lease, Master Improvements is expanding from its Connecticut headquarters and will use the new location for office space and vehicle storage. Vincent Lopez and Jacques Wadler of KDA represented Master Improvements. Howard Darsi of KDA represented the owner, Statewide Oil.
245 Russell St. is a one-story, 10,000 s/f warehouse facility located within close proximity to the Brooklyn Queens Expressway (I-278). United Fuel Service, an oil company, occupies another portion of the building.
Previously occupied by the same former tenant as 245 Russell St., KDA is also marketing the adjacent warehouse property at 800 Humboldt Street, a 10,000 s/f building with an 8,000 s/f yard.
Middle Island, NY Roger Delisle and Robert Monahan of Island Associates negotiated the lease for the Giunta’s Meat Farms to occupy 45,000 s/f at Strathmore Commons.
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,
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account