Rowe and Meril of FirstService Williams arrange 3,929 s/f lease
FirstService Williams New Jersey arranged a five-year, 3,929 s/f office lease on behalf of PVM Oil Associates Inc. at 5 Marine View Plaza. Hoboken Associates, LP is the landlord. PVM Oil Associates is relocating its N.J. office within the building, moving from the second floor to the third floor. Nearly doubling its space, PVM Oil Associates will relocate in February. Doug Rowe and Leslie Meril of FirstService Williams led the negotiations on behalf of PVM Oil Associates. Glenn DiGiacomo represented the landlord internally.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account