News: Brokerage

Pyramid Brokerage Co. arranges 8,950 s/f in three leases in East Syracuse

According to Pyramid Brokerage Co., it has completed the following transactions: Cheeky Monkey Foods recently leased 2,250 s/f of warehouse space located at 5869 Fisher Rd. Gary Cottet, John Sposato and Carmen Davoli of Pyramid brokered this lease. Empire Service Center recently leased the 4,200 s/f service garage located at 7231 Northern Blvd. George Lee of Pyramid represented the tenant and Ed Rogers of Oliva Properties represented the landlord in this lease. The 21,600 s/f industrial building located 106 Boss Rd. Boss Properties LLC purchased the property as an investment for $295,000. Cottet of Pyramid brokered this sale. Novelis Corp. recently leased 2,500 s/f of space at the professional office building located at 34 Oswego St. in Baldwinsville. Bill Evertz of Pyramid represented the landlord and Coldwell Banker Properties represented the tenant in this lease.
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Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
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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,