News: Brokerage

SUNY Fredonia breaks ground on $5.7 million incubator const. project

SUNY Fredonia president Dennis Hefner was joined by federal, state and regional officials, who together broke ground on the construction phase of the new SUNY Fredonia Technology Incubator, a $5.7 million economic development effort. The incubator, a partnership with the city and Chautauqua County, will offer a variety of resources to up to 30 start-up companies with a technology focus and a commitment to WNY. The project is already operating within a temporary facility, but the completion date for this 21,000 s/f, two-story permanent structure is targeted for the fall of 2009. Located at 214 Central Ave., the incubator will be an extension of the main SUNY Fredonia campus.
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Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
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Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.