News: Brokerage

The Howard Group hosts CIREB's March marketing session; Amell of First Niagara Bank was the guest speaker

The March marketing session was hosted by The Howard Group at the Kohl's Plaza. This 141,000 s/f neighborhood shopping center sits on 18 acres. Anchor tenants include Kohl's and Office Max. Two pad sites include a McDonald's and available Starbucks. Other tenants include Alfred's Fabrics, Mercedes and James Salon, Maurice's Central Deli, Karate School, Ming's Wok Chinese Food and O'Tooles Restaurant. The site offers parking with 864 spaces, traffic signal access from Central Ave. and is located one-half mile from I-87. Great frontage on all sides. Pylon signage is available. Only two spaces left. The session was held in a 2,100 s/f space with 30' of frontage and is 70' deep. Tom Amell, regional VP for First Niagara Bank spoke to over 80 commercial Realtor, appraiser and affiliate CIREB members in attendance. First Niagara Bank was founded as a community bank more than 139 years ago in Lockport, located 30 miles from Buffalo, where they remain headquartered.
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Columns and Thought Leadership
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
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,

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,