Steve Saleski and Karen Cannata-LaRocca of Sutton brokered the sale of a three multifamily property portfolio. The total sale price was $780,000. The properties involved are 9 Genesee St., Camillus; 308 Case St., Solvay; and 200-206 Ulster St., Syracuse.
Cannata-LaRocca and Richard Robb of Sutton collaborated with Scott Dumas of SmartCore Consulting in the sale of 1816 West Fayette St. Cannata-LaRocca, Robb and Dumas represented the seller, and the buyer, Learning Tree LLC of Syracuse. The sale price was $315,000.
Cannata-LaRocca sold 112 Leo Ave. in East Syracuse. The sale price was $135,000. Cannata-LaRocca represented the seller, John Adamy. The buyer was Samphier Smooth Floors. This property consists of a 2,592 s/f building on a .83 acre lot.
Cannata-LaRocca sold 6528 East Seneca Tpke. in Jamesville. The property sold for $105,000. Cannata-LaRocca represented the seller.
Cannata-LaRocca and Kristen Nave of Sutton represented the landlord in a 3,370 s/f lease of office space at 5750 Commons Park Dr. in East Syracuse. Carole Iseneker of Pavia Real Estate represented the tenant, Mohawk Valley Retina. Terms of the lease were not disclosed.
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
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
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
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,
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.