News: Brokerage

Stegner and Cashimere of CBRE| Buffalo broker four leases: 10,000 s/f

The CB Richard Ellis|Buffalo team of Shana Stegner and Sarah Cashimere have completed four office leases totaling 10,000 s/f. On behalf of Olympic Towers the team brokered a long-term lease with U.S. Trustees. The government tenant will occupy 4,000 s/f and will join multiple government tenants as well as professional office tenants in the building. CBRE|Buffalo has been managing the building since December of 2007. Stegner and Cashimere also were the exclusive representatives for Nationwide Insurance in their search for new office space. The firm selected to relocate into 2,000 s/f at St. Ritas located at 2350 N. Forest Rd., Amherst. The team also represented East Coast Underwriters and Check Solutions of America. East Coast Underwriters will soon be locating to 2,000 s/f at 55 Pineview and Check Solutions of America took 2,000 s/f at 495 Commerce in the Amherst Audubon Business Park.
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Columns and Thought Leadership
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
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
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,
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,