News: Brokerage

Michael and Frank Rao of NYCRG close six deals totaling 277,500 s/f

Michael Rao and Frank Rao, owners of NYCRG, have closed six deals totaling 277,500 s/f. The deals include: * 800 Westchester Ave., Rye Brook: NYCRG represented the tenant, Estee Management Services, Inc., in a lease for 2,500 s/f of class A office space. The landlord RPW Group Inc. was represented by Larry Ruggieri and Glenn Walsh of Cushman & Wakefield, Inc. * 3 Church St., New Rochelle: NYCRG was the sole broker in the $515,000 sale of the 5,000 s/f warehouse. * 500 Nepperhan Ave., Yonkers: NYCRG was the sole broker and represented the undisclosed tenant in a long-term warehouse lease for 10,000 s/f. The landlord is R.J. Rose Realty LLC. * 30 Saw Mill River Rd., Elmsford: NYCRG represents the purchaser Pasech Inc. at an undisclosed price for the 16,000 s/f flex building on two acres. The seller Tamara Real Estate, LLC was represented by Paul Kramer of Harbour Commercial Real Estate, Inc. * 102 Fairview Park Dr., Elmsford: NYCRG and Bill Anson of Anson Properties LTD, represented the seller Elmsford Associates LLC. The purchaser was represented by Star Commercial Realty & Greenwich Fine Properties. The property is a 70,000 s/f warehouse and sold for $3.2 million. * Bradley Corporate Park, Blauvelt: NYCRG represented the tenant, Tarrytown Honda, in a long-term land lease of 174,000 s/f. Anson represented the landlord, Bradley Corporate Park.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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Strategic pause - by Shallini Mehra and Chirag Doshi

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