News: Brokerage

Pyramid Investment Properties Group sells 93,000 s/f distribution/office for $2.1 million

Pyramid Investment Properties Group, a division of Pyramid Brokerage Co., brokered the sale of 275 Corp., a 93,000 s/f distribution and office facility, former corporate headquarters of Dicks Sporting Goods, for $2.1 million. Kevin Besser, CCIM, executive director of Pyramid Invest.-Binghamton represented the seller 275 Broome Corporate Parkway Associates LLC and Joseph Crisitello of The Joseph Crisitello Co. represented the buyer, Meier Supply Company, Inc. Pyramid Investment Properties Group is an experienced market leader focused exclusively on the acquisition and disposition of commercial investment-grade properties. As a division of Pyramid Brokerage Company, Pyramid Investment Properties Group is backed by over three decades of expertise and the strength of a large, full service real estate organization with 10 regional offices located in Upstate, New York and global resources. Pyramid Brokerage Company is Upstate New York's exclusive member of the Cushman & Wakefield Alliance.
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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
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,
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