News: Brokerage

Tighe, Gutierrez and Ceppos of CBRE represent FCRC in 83,450 s/f lease

According to Forest City Ratner Companies (FCRC), WESTMED Medical Group has signed a lease for 83,450 s/f in the office building of FCRC's mixed-use development, Ridge Hill. The project, located 1 Ridge Hill Rd., is currently under construction and will open in 2011. "The addition of WESTMED Medical Group to the already stellar list of tenants at Ridge Hill is a true testament to the successful mixed-use nature of this project," said Bruce Ratner, chairman and CEO of FCRC. "Ridge Hill will be a superb place to live, shop, work and now, be served by an amazing group of medical professionals." FCRC was represented in the negotiations by Mary Ann Tighe, Al Gutierrez and Ian Ceppos of CBRE. Frank Tomasulo, also of CBRE, represented WESTMED.
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Columns and Thought Leadership
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,

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
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