News: Brokerage

Unger of KDA arranges 12,000 s/f lease to General Plumbing Corp. in Queens

According to Neil Dolgin and Kalmon Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a12,000 s/f lease at 54-01 35th St. in Long Island City for General Plumbing Corp., in its relocation from Brooklyn's Williamsburg neighborhood. General Plumbing Corp. is a 24-hour plumbing, heating and fire protection company that offers repair, replacement and maintenance service for some of New York's biggest real estate owners and management firms. "The company offers 'round the clock service, as situations requiring their services don't always happen during regular business hours. The 24-hour operational schedule is a specialty niche that has been experiencing much growth as of late," said Neil Dolgin. "The company needed to relocate from its location in Williamsburg and wanted to stay within close proximity to Manhattan to service its clients," said Jeff Unger of KDA, who represented both the landlord ROM Realty, and the tenant. "54-01 35th St.'s ideal location adjacent to the Long Island Expressway, Queens Midtown Tunnel, and 59th St. and Williamsburg bridges was the perfect fit." The property also offers off-street parking for its employees and service vehicles.
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.