News: Brokerage

RM Friedland acts for Simone Development Cos. in 7,345 s/f lease; Fairfield Retail Partners reps. tenant

New Rochelle, NY According to Simone Development Cos., My Salon Suite has signed a 7,345 s/f lease at the firm’s property, 80 Nardozzi Pl.

Katelin Vanvoorhis and David Scotto of RM Friedland LLC, represented ownership in the lease negotiations, while My Salon Suite was repped by Thomas Zuber with Fairfield Retail Partners LLC.

RM Friedland is the exclusive leasing agent for 80 Nardozzi Pl.

“My Salon Suite was attracted to 80 Nardozzi Place due to its convenient location, plentiful parking and design details including remarkable 25’ clear ceiling heights and signage along I-95. We are excited to welcome My Salon Suite to this space in New Rochelle,” said Joanna Simone, principal & vice president of leasing for Simone Development.

Simone Development’s 80 Nardozzi Pl. is a modern commercial property with 44,0000 s/f of retail space. The property, which underwent a complete façade renovation in 2020 and offers highway visibility, features on-site parking off I-95 and Main St.

My Salon Suite joins Ashley Furniture Home Store at 80 Nardozzi and LA Fitness and Cost Depot Wine & Liquor at nearby 70 Nardozzi, a 70,000 s/f free-standing property developed by Simone Development and G&S Investors in 2021. The property is also adjacent to retailers including Costco, Home Depot, CVS, Bank of America, and Land Rover & Jaguar.

With a franchise spanning over 5,000 members in over 200 locations in the U.S., My Salon Suite’s latest location is poised to continue expanding on their brand and their goal to revolutionize the salon industry.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

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.
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
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
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,