News: Brokerage

MacKnight, Brower and Hathaway of Pyramid broker $310,000

A former convent located at 808 Cypress St. was purchased by the tenant, Griffis Federal Employee Child Care Group. The Roman Catholic Church Diocese of Syracuse Inc. sold the 12,363 s/f property situated on 1.2 acres in January for $310,000. Joyce MacKnight, Rick Brower and Anthony Hathaway of Pyramid Brokerage Company brokered this sale transaction. Pyramid Brokerage Company is one of Upstate New York's largest and only regional commercial real estate services firm with over 100 agents in 10 offices across the state. The company's service lines includes industrial, retail and office sales and leasing, market research and analysis, corporate advisory services, an investment specialty group and financial services. As a member of the Cushman & Wakefield Alliance of independently owned and operated affiliates, Pyramid partners is one of the world's largest privately held real estate services firms with over 12,000 professionals in locations across the globe. Whether you want to sell or buy property, need buyer or tenant representation services or have specialized requirements, Pyramid has the people and resources to help you achieve your commercial real estate goals.
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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
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,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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
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