News: Brokerage

Searles of CBRE | Syracuse brokers $275,000 sale and 52,000 s/f industrial building sale

Rick Searles of CBRE | Syracuse, exclusively brokered the $275,000 sale of 1017 Conklin Ave. The seller, JMT Logistics, an automated materials handling company, sold the 8,200 s/f commercial building to Bridgewater Baptist Church. This is one of four locations for the church, two of which are in New York's Southern Tier and two are in Northern Pennsylvania. Searles also represented JMT Logistics as the buyer in the purchase of 336 Court St., a 52,000 s/f industrial building in Binghamton. JMT Logistics moved its operations in an expansion from 1017 Conklin Rd.
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Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
Strategic pause - by Shallini Mehra and Chirag Doshi

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
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
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,