Staten Island, NY Schuckman Realty has facilitated the leasing of a 10,000 s/f office space at Edgewater Plaza. Ari Malul and Jack Bassal of Schuckman Realty Inc. represented the tenant, Children’s Aid. The landlord was represented by Howard Seidenfeld of Global Realty Services.
Children’s Aid Society is a nonprofit organization providing services to children, youth, and families in under-resourced neighborhoods across the five boroughs of New York.
Schuckman Realty is active in the medical office space across the Tri-State Area.
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,