News: Brokerage

Unger of KDA arranges 4,300 s/f Queens lease

According to Josh Dolgin, VP of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a 4,300 s/f lease for Rosado, Chechanover & Bayrasli, LLP at the Falchi Building located at 31-00 47th Ave. in Long Island City. Jeff Unger of KDA represented the owner. Roy Chipkin of CBRE represented the tenant. The new lease represents a relocation for Rosado, Chechanover & Bayrasli, LLP, which previously had offices in Forest Hills. "Rosado, Chechanover & Bayrasli, LLP saw a unique opportunity to move closer to Manhattan and enjoy the benefits of a quality building with professional amenities in a thriving area at a great rental price," said Unger. Acquired by KDA in 2005, the five-story, 632,000 s/f Falchi Building features high-capacity loading docks, eight freight elevators, two large passenger elevators and on-site parking.
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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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,