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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Columns and Thought Leadership
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,

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
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,
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