News: Brokerage

NAI Friedland Realty completes two industrial leases totaling 24,345 s/f

According to NAI Friedland Realty, its industrial division closed on two leases totaling 27,345 s/f . The deals include: * A 24,300 s/f lease at 718 S. Fulton Ave. Executive director Steve Kornspun, SIOR, brokered the deal between Simone Development (landlord) and Transcare (tenant). Kornspun represented landlord and tenant in the long-term lease. * A 3,045 s/f lease at 36 North 9W in Congers. Industrial associate Alan Zucco brokered the deal between Snow Church Realty (landlord) and Slattery Moving & Storage (tenant). Zucco represented both the landlord and tenant in the two-year lease. "As more property continues to come on the market, there definitely are deals to be made," said Tony Lembeck, NAI Friedland Realty's COO. "Friedland's brokers are ready to fill every vacancy in Westchester and the Bronx. We have our finger on the pulse of the market and our brokers are very, very active."
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Columns and Thought Leadership
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
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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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