News:
Brokerage
Posted: May 21, 2012
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.
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
Quick Hits
Columns and Thought Leadership
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,
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
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
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
