News: Brokerage

Steinberg of Lee NYC chosen to market 2,500 s/f corner space at 58-23 Myrtle Avenue

The New York office of Lee & Associates NYC LLC (Lee NYC) holds the exclusive agency on a 2,500 s/f ground floor corner space at 58-23 Myrtle Ave. (corner of Forest Ave.) in Ridgewood. Managing director and principal Garry Steinberg is marketing the former home of Domino's Men's Shop, which has a full 2,500 s/f basement, 40 ft. of frontage on Myrtle Ave. and 55 ft. of frontage on Forest Ave. Surrounding retailers include TD Bank, Bank of America, Ridgewood Savings Bank, Rite Aid, Duane Reade and Joyce Leslie. "This is a central location in a hot neighborhood, and national retailers are eager to establish a presence," said Steinberg. "A bank, restaurant, or fashion company would fit right in and find a hip young audience."
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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.
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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,
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,

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