News:
Brokerage
Posted: March 12, 2012
O'Brien and Litwak of M. C. O'Brien represent lessor in 27,115 s/f lease; Zweig of Locations, Inc. represents tenant, Americare, Inc.
M. C. O'Brien, Inc. has completed the leasing of a 27,115 s/f office space at 2275 Coleman St. in Marine Park.
M. C. O'Brien exclusively represented the lessor, Kings Plaza Associates in the transaction, a multi year lease with Americare, Inc. a regional provider of home health care nursing services.
This modern building formerly occupied by Allstate Insurance is adjacent to the Marine Park Golf Course with easy access to the Belt Pkwy. and is one block from the transportation hub at Kings Plaza Mall and Flatbush Ave.
William O'Brien, SIOR and Harris Litwak, Esq., both of M.C. O'Brien represented the lessor, Kings Plaza Associates and Nick Zweig of Locations, Inc. represented the tenant.
There is presently, 11,272 s/f still available in this unique and well positioned 46,000 s/f two-story office building.
Tags:
Brokerage
MORE FROM Brokerage
AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue
Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
Quick Hits
Columns and Thought Leadership
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,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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
