News: Brokerage

T. Weiss Realty leases 3,434 s/f class-A office space
to Windstream Communications at Melville Corporate Center I

Melville, NY According to T. Weiss Realty Corp., Windstream Communications Inc., has leased 3,434 s/f of class-A office space at Melville Corporate Center I, 105 Maxess Rd.

“We are very pleased that Windstream, one of America’s top companies, has chosen to locate in our amenity rich Melville office building,” said Craig Weiss, president of T. Weiss Realty, who represented the landlord in the transaction. Peter Notaro of JLL represented Windstream.

Melville Corporate Center I, which has 149,000 s/f, is 95% leased. 

The building, in close proximity to Rte. 110 and the Long Island Expressway, has 24/7 access, a full-service café, a fitness center and conference rooms. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,

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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

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.