Kalmon Dolgin Affiliates, Inc. (KDA) has arranged a 4,000 s/f, long-term lease for Absolute Savings, located at 541 Myrtle Ave., between Washington and Classon Aves. in the Clinton Hill area.
Gary Mayzlin of Kalmon Dolgin Affiliates represented the tenant, Absolute Savings, and the landlord, 941 Washington Associates, LLC in the deal.
Absolute Savings, an operator of chain stores, will occupy 4,000 SF on the ground floor of a residential condo at 541 Myrtle Avenue. The company is an operator of chain stores, selling discounted general merchandise, household goods and other items. Absolute Savings is pleased to join the many stores and businesses lining Myrtle Avenue in Clinton Hill.
541 Myrtle Avenue is located a few short blocks from the Pratt Institute, the Brooklyn Queens Expressway, and the G subway line.
Founded in 1904, Kalmon Dolgin Affiliates offers over a century's worth of experience in the management, sale, leasing and marketing of commercial and industrial property throughout the New York Metropolitan region. In addition to its staff of 35 brokers, Kalmon Dolgin Affiliates, through its subsidiary, KND Management Co., Inc., operates a portfolio of over six million square feet of industrial, office, medical and retail space in ten states. Their highly-trained professionals offer a practical, street-wise approach to real estate, supported by the latest in real estate management and research technology and four generations of unparalleled expertise.
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary