News: Brokerage

Thru the Lens: Jones Lang LaSalle holds open house at 225 Broadhollow Road

Jones Lang LaSalle held an open house at 225 Broadhollow Rd. on June 21. Aegon USA Realty Advisors, a subsidiary of Investors Warranty of America, recently completed renovations at the 192,856 s/f, class A office building located on the Rte. 110 corridor. Jones Lang LaSalle's Long Island office serves as exclusive leasing agent for the building. At the Pink Floyd-themed event, titled "We're Comfortably Done," tickets to Roger Waters' "The Wall" concert at Yankee Stadium were raffled off to brokers touring the space. The winners were Paul Leone, an associate at CB Richard Ellis Inc., and Albert Centrella Jr., a director at NAI Long Island. Shown (from left) are: Kyle Crennan, associate, with JLL's L.I. office; Raymond Ruiz, executive VP and market leader, with JLL L.I. office; Jonathan Meisel, tri-state markets director, with JLL; Leone; Frank Minchella, real estate portfolio manager, with Aegon USA Realty Advisors; Doug Seale, associate, with JLL's L.I. office. Shown (from left) are: Kyle Crennan, associate, with JLL's Long Island office; Raymond Ruiz executive vice president and market leader, with JLL's Long Island office; Jonathan Meisel, tri-state markets director, with JLL; Albert Centrella Jr., director, with NAI Long Island; Doug Seale, associate, with JLL's Long Island office; Frank Minchella, real estate portfolio manager, with Aegon USA Realty Advisors.
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Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
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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
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,
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