News: Brokerage

Repko of Dagar handles 16,000 s/f lease for Social Security Administration

The Dagar Group Ltd., acting as exclusive leasing agent, finalized the lease to relocate the Social Security Administration offices to the Luckey Platt building. The offices moved to a new 16,000 s/f facility constructed in the renovated building which is owned by Alma Realty Corp. of Queens. "When we first received the call two years ago, SSA had very specific guidelines for the relocation," said Glen Repko, CSM, senior VP of Dagar. "I worked with them as they compared other options and this historic Luckey Platt building turned out to be the best fit. Not only does this keep SSA and all its employees in the city of Poughkeepsie, but having them as a tenant really becomes the anchor for the building." In addition to the first floor commercial space, the upper levels of the building contains rental apartments. Tom Collins of Commercial Associates Kingston represented the tenant while Dagar acted as the exclusive leasing agent for the builder owner.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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
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,