Meet the Upstate CCIM Chapter Members

Stephen Blake began his real estate career in 1980 in Toronto, Canada. Upon his move to Buffalo, Blake joined Comvest Consulting and is now a partner and the vice president of office/industrial properties for CB Richard Ellis - Buffalo. Specializing in tenant representation, Blake has extensive experience in industrial/office sales, leasing, and investment analysis. Stephen Blake, CCIM, CB Richard Ellis - Buffalo 3257 W. Genesee St., Ste. 160, Buffalo, N.Y. 14202 Phone: (716) 362-8707 Fax: (716) 855-3725 [email protected] www.cbre.com/buffalo Eric Simonds joined Conley Associates in 2002. As a consultant he provides a range of tenant representation services to clients. He assists the client establish real estate objectives, performs programming studies, facility reviews, market analysis, financial analysis, site selection and contract negotiation. He came to Conley Associates with a strong financial background. He attended the SUNY at Cortland where he earned a bachelor of science degree in Economics. He is enrolled in the master's program at SUNY Albany. Eric Simonds, CCIM, Conley Associates 194 Washington Ave., Ste. 620, Albany, NY 12210 Phone: (518) 463-5500 Fax: (518) 626-0193 [email protected] http://conleyassociates.biz

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Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site

Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.

BKM Capital Partners and Kayne Anderson Real Estate acquire a $1.8 billion portfolio of light industrial assets

BKM and Kayne Anderson acquire a $1.8b portfolio of light industrial assets

The Durst Organization inks 12,456 s/f lease

Marcus & Millichap arranges sale of skilled nursing facility in Hoosick Falls

M&M arranges sale of skilled nursing facility in Hoosick Falls

Pangram Labs signs 6,000 s/f lease at 25 Flatbush Ave.

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Global Holdings signs Industrious to 28,000 s/f coworking space at 875 Third Ave.

Columns and Thought Leadership

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

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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,

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,

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