News: Brokerage

Rogers of JF Real Estate completes 1,611 s/f lease for OrthoRX and a $325,000 sale

Ed Rogers, senior vice president of sales and leasing at JF Real Estate has completed a lease for OrthoRX d/b/a New York Brace Systems. The leased consists of 1,611 s/f at Canalwood Commons, 2949 Erie Blvd. Don O'Leary of Pyramid Brokerage Co. represented the landlord. In addition, Sunburst Optical recently purchased (from Alliance Bank, N.A.) a 15,089 s/f office/warehouse building located at 6017 Tarbell Rd. The selling price was $325,000. Rogers represented the purchaser in the deal. Bill Evertz of Pyramid Brokerage Co. represented the seller. Also, Paul Myles and Martin McDermott with JF Real Estate have procured a new lease for a 5,000 s/f retail space located in Mattydale. The tenant, A Fiction Addiction, is a new business, owned by Robert Gray, selling used and new books. The building located at the corner of LeMoyne Ave. and Molloy Rd. is owned by Charles Cavallaro and James Babikian.
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Columns and Thought Leadership
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
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 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.
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,