Category: Brokerage

NYSCAR's 21st Annual Conference had something for everyone - by Robert Strell

NYSCAR's 21st Annual Conference had something for everyone - by Robert Strell

July 11, 2023
I am very pleased to report that the 21st Annual Conference held June 14-16, 2023 at the Turning Stone Resort and Casino in Verona, New York was a great success!  The event was sponsored by the NYS Commercial Association of Realtors, Upstate New York Chapter of CCIM and the Society of
Second annual Black Excellence Awards held on June 16

Second annual Black Excellence Awards held on June 16

July 11, 2023
Binghamton, NY The Black Excellence Awards Committee hosted the second annual Black Excellence Awards, June 16, 2023 at the DoubleTree by Hilton. The awards this year honored 19 individuals across 17 different categories for their exceptional contributions in various trades
JLL represents landlord in Eton relocation to 330 Madison Ave.

JLL represents landlord in Eton relocation to 330 Madison Ave.

July 11, 2023
Manhattan, NY MEAG, Munich Re’s asset manager, said that Swedish men’s shirts brand Eton has leased a ground floor retail space at 330 Madison Ave., the class A, 852,000 s/f tower that is 95% leased to tenants including Guggenheim Partners, JLL and Munich Re Group.
Muroff Hospitality sells A&W All American Food restaurant

Muroff Hospitality sells A&W All American Food restaurant

July 11, 2023
Lake George, NY Muroff Hospitality Group negotiated the sale of the A&W All American Food; 2208 US-9. This drive-in restaurant has been a family-friendly mainstay since 1959.
Consigli Construction, G3 Architecture Interiors Planning, and George Comfort & Sons break ground on New York Blood Center Enterprises campus

Consigli Construction, G3 Architecture Interiors Planning, and George Comfort & Sons break ground on...

July 11, 2023
Rye, NY New York Blood Center Enterprises (NYBCe) celebrated the groundbreaking of their new campus. This 187,000 s/f campus located at 601 Midland Ave. will be home to NYBCe’s tri-state operations, including space for life sciences research, blood collections, processing and cell
Getting into ready position - by Shallini Mehra

Getting into ready position - by Shallini Mehra

July 11, 2023
The ever-changing rent regulations continue to pose challenges for New York City landlords.  The combination of these laws with the higher interest rate environment has reduced values in some cases by 20 to 40%, with some assets now worth sub-debt levels. Many of the shorter-term loans coming due will
Leviticus Fund honors McKeown of CPC with Cornerstone Award

Leviticus Fund honors McKeown of CPC with Cornerstone Award

July 11, 2023
Tarrytown, NY In the building trades, the cornerstone guides the workers in their course; it is the standard of measure and alignment. The Leviticus Fund presented its 2023 Cornerstone Award to Sadie McKeown, president of The Community Preservation Corp. (CPC),
Feil Organization leases 7,896 s/f to First Look Media

Feil Organization leases 7,896 s/f to First Look Media

July 11, 2023
Manhattan, NY The Feil Organization signed a five-year, 7,896 s/f lease with First Look Media across the entire 10th floor at 853 Bdwy. First Look Media’s new 10th-floor space is a new pre-built
Empire Commercial completes 1,800 s/f  95 Nutrition location

Empire Commercial completes 1,800 s/f 95 Nutrition location

July 11, 2023
Rochester, NY Empire Commercial Construction, a retail-focused division of Taylor-The Builders, completed the construction contract for 95 Nutrition located at 1250 University Ave. In partnership with architect Jay F. Meyers, Empire renovated the 1,800 s/f, previously occupied
Vogel of Largo Capital arranges first mortgage for 473 unit self-storage facility

Vogel of Largo Capital arranges first mortgage for 473 unit self-storage facility

July 11, 2023
Buffalo, NY Stephanie Vogel, COO of Largo Capital, secured a permanent first mortgage to refinance the existing debt and closing costs for an established self-storage property within Buffalo’s metropolitan statistical areas.
Study outlines role of manufactured homes in NYS housing crisis

Study outlines role of manufactured homes in NYS housing crisis

July 11, 2023
Albany, NY More than 20 million Americans live in manufactured housing, according to the U.S. Census Bureau. That’s more than in public housing and federally subsidized rental housing combined.
Ariel Property Advisors hires Schwartz, Schlegel, Yuhjtman and Brody; expands  investment sales and capital advisory teams

Ariel Property Advisors hires Schwartz, Schlegel, Yuhjtman and Brody; expands investment sales and ...

July 11, 2023
Manhattan, NY Ariel Property Advisors (Ariel) made several new hires, expanding the commercial real estate services and advisory firm’s investment sales and capital advisory teams.