News: Brokerage

RM Friedland celebrates 50th Anniv. with new 8,300 s/f office in Harrison

Shown in front (from left) are: Bridget Gibbons, director of the Westchester County Office of Economic Dev.; Sarah Jones-Maturo, president RM Friedland; Ben Boykin, chairman of the Westchester Cty. Board of Legislators; Back row: Marsha Gordon, president and CEO of the Business Council of Westchester; Greg Berger, pesident, Robert Martin Co.; Michael Romita, president and CEO of the Westchester Cty. Assoc.

Harrison NY RM Friedland unveiled its new, office suite. As a demonstration of its belief in a resurgence in the office market, RM Friedland has signed a long term lease at this new 8,300 s/f space at 440 Mamaroneck Ave. 

The company, which is celebrating its 50th anniversary this year, also recently announced that Chris O’Callaghan, one of Westchester’s most prominent commercial brokers, will lead its newly formed Office Brokerage Division. 

“Opening a new office during a pandemic certainly has its challenges, but long-term, our decision to relocate to new slightly larger space signifies our commitment to the Westchester market and the Westchester economy. It also underscores our belief that there is no replacement for face-to-face collaboration in the workplace – a lesson we hope will be shared by the thousands of businesses already in the county and those we will convince to move and expand here,’’ said Sarah Jones-Maturo, president, RM Friedland. “The opening of this space coincides with our 50 year anniversary, and I believe this next chapter will be our most exciting one yet.”

Westchester County Board of Legislators chairman Ben Boykin and Westchester County Office of Economic Development director Bridget Gibbons, who were among those who attended the event, said they appreciated RM Friedland’s commitment to Westchester. Gibbons added that commercial real estate was a business sector of great importance for the county. 

The new space was a collaborative design with most of the building materials such as the flooring, lighting and ceiling tiles being environmentally sustainable. The heart of the space is a community wall filled with artwork contributed by each RMF team member.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
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