O’Brien & Peters of M.C. O’Brien Inc. lease 24,100 s/f total
William O’Brien, SIOR
Davon Peters
New York, NY M.C. O’Brien Inc. closed the following leases:
5,000 s/f lease renewal for CAMBA Inc., at 120 Stuyvesant Pl. on Staten Island.
3,450 s/f for The Legal Service’s Group at CAMBA for a full floor, at 56 Bay St., Staten Island.
Bronx-based, Sauti Yetu, which will provide family support services on a full floor of 3,450 s/f at 56 Bay St., Staten Island.
An additional lease for Sauti Yetu of 3,500 s/f at 574 Livonia Ave., in East New York, Brooklyn. This site was M.C. O’Brien’s exclusive agency on behalf of a L & M Development and Dunn Development Corp. JV.
3,500 s/f at exclusive agency 887 East New York Ave., Crown Heights, Brooklyn. The tenant, Community Counseling and Mediation Services was represented by Ingram and Hebron.
Crab Du Jour took 1,250 s/f at 888 Utica Ave., East Flatbush;
Bamboo walk leased 3,200 s/f at 1349 Utica Ave., Flatlands, Brooklyn, which benefits from a drive thru.
The UPS Store took 750 s/f at 200 Franklin Ave. in Greenpoint.
The leasing team of William O’Brien, SIOR and Davon Peters represented M.C. O’Brien in all leases.
Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,