News: Brokerage

Picone Construction and TK Studio to build three Tropical Smoothies

Clarence, NY  ?Picone Construction is helping Tropical Smoothie to expand their market share in the Western New York area. Picone will begin interior fit-outs on three new Tropical Smoothie locations: McKinley Plaza in Hamburg, Sheridan and Delaware Plaza in Tonawanda, and a recently acquired location in Batavia. Picone is building a relationship with the owner of the franchises as Picone already completed the Tropical Smoothie location on Transit Rd. in Williamsville in 2021, as well as three other locations in the Rochester area.

The architect partnering with Picone on these projects is TK Studio LLC.

Each location ranges in size from 1,200 - 1,400 s/f. Work will include a full interior renovation including: rough and finish carpentry, millwork, membrane roofing, hollow metal doors and frames, gypsum board, painting, tile, flooring, interior signage, owner equipment installation, restroom accessories, electric, HVAC, plumbing, and fire protection systems.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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
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,