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Now is the time for global brands to enter the New York City retail market - by Lee Block
November 21, 2017
The story of brick-and-mortar retail’s demise has been a popular narrative both far and wide. The recent spate of nationwide store closings and bankruptcies from well-established brands have caused some…
What have you rented lately? Renting can often be more financially beneficial than purchasing - by R...
November 21, 2017
We’ve seen a large increase in the kinds of goods and services that have become available via rental lately. As most of my past readers of this column have come to expect that I’m always on the lookout for what’s new in the rental business…
Empire Construction brings Pure Barre to Pittsford
November 21, 2020
Pittsford, NY Empire Commercial Construction, a retail-specific division of regional general contractor Taylor–The Builders, was recently awarded the construction contract for Pure Barre Pittsford, the area’s newest barre fitness studio.
Nemeroff of Imperial Capital closes $12 million first mortgage for 130 Bowery Street
November 21, 2017
Manhattan, NY According to Andy Nemeroff, president of Imperial Capital Company, he closed a first mortgage loan, secured by the property at 130 Bowery St. The property was financed with a major CMBS lender for $12 million, with a ten-year fixed-rate and interest only loan for full term. The interest only feature allowed the ownership to maximize cash flow throughout the term, as the loan was at a very conservative loan-to-value amount.
Retail today–the ultimate entrepreneurial moment to create something new and exciting - by Jedd Ne...
November 21, 2017
With major retailers continuing to announce store closings nationwide, these are definitely challenging times for the retail real estate sector. As Amazon continues to expand and other online retailers begin to take off, traditional retail is expected to take an even greater hit than it’s already seeing…