O'Brien of M. C. O'Brien completes two ind'l. leases totaling 14,100 s/f
Michael O'Brien, III, SIOR, of M. C. O'Brien, Inc. and Anthony Musto, president of Crosstown, have rented two industrial buildings totaling 14,100 s/f. The properties include 5601 Foster Ave. consisting of 9,300 s/f and 5633 Foster Ave. consisting of 4,800 s/f and a small staging area in front. The tenants, C & D Iron and Class Iron Works, both liked the attributes of the buildings. They possess high ceilings, heavy power distribution and are structurally sound enough to support the movement of  the steel used in fabrication.
The brokers put the tenants in contact with an array of economic development incentives which will enable them to remain competitive in the ever changing marketplace. O'Brien procured both tenants while Musto represented the landlord, Dino & Sons Realty, LLC.
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.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
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
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.