Palumbo of Flaum Management brokers sale of 4,428 s/f

Flaum Management Company, Inc. has brokered the sale of the former Krispy Kreme at 1150 Jefferson Rd. The 4,428 SF building was purchased by Frontier Development, a Miami based developer for an undisclosed amount. Michael Palumbo, C.O.O of Flaum Management Company, Inc. represented the seller GE Capital on this transaction. The sale of the former Henrietta Krispy Kreme was preceded by successful dispositions in Buffalo, Syracuse and Albany all represented by Flaum Management Company, Inc. Flaum Management Company is a full-service commercial real estate company based in Rochester, with extensive property holdings through the Northeast. Flaum Management Company, Inc. specializes in the development, redevelopment, and management of retail, office & industrial properties. Flaum Management also provides landlord representation, tenant representation & site selection, investment brokerage, property management, and construction management services.

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Lee & Associates NYC completes $7.5 million land acquisition for Sunrise Senior Living Community in Oceanside

Oceanside, NY Lee & Associates NYC completed the $7.5 million acquisition of a 2.84-acre development site at 374 Atlantic Ave. on behalf of Sunrise Senior Living, bringing to a close a

Resolution Real Estate arranges full-floor office for Looking Glass Psychology at 271 Madison Ave.

Resolution R.E. arranges office lease for Looking Glass Psychology at 271 Madison Ave.

King and Slattery of Lee & Associates NYC arrange 5,250 s/f office lease for Roux at 14 Penn Plaza

Lee & Associates NYC arranges 5,250 s/f office lease for Roux

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

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Atlantic Capital Partners sells 893 Bdwy. 25,442 s/f office/retail building for $31 million

Atlantic Cap. Ptrs. sells 893 Bdwy. 25,442 s/f office/retail bldg. - $31m

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NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen

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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 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.

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

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