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
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
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,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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