News: Brokerage

Vanguard-Fine completes nine transactions: Two sales and 29,822 s/f in leases including $1.4 million sale by Brownell & Feinman with Donovan of Donovan

Vanguard-Fine, LLC has completed the following transactions: Christopher Farrell of Vanguard-Fine, LLC and Brian Donovan of Donovan Real Estate Services brokered a five-year lease between The Tobacco House of Liu, Inc. and KIR Latham Farms, LP. The 1,200 s/f store is located at Latham Farms. Kenneth Brownell, Barry Feinman and Steven Lerner of Vanguard-Fine brokered the sale of a gas station located at 443 Broadway, Ulster Park, between Red Kap Sales, Inc. and Sargjeet Sahota. The sale price was $810,000. Brownell and Feinman brokered a 10-year lease between Fresh Treats Latham, LLC, DBA TCBY and Newton Plaza, LLC. The 1,408 s/f TCBY store is located at Newton Plaza. Brownell and Feinman brokered a four-year lease renewal between Harbor Freight Tools, Inc. and Village Square, LLC. The 13,827 s/f store is located at Village Sq. in Albany. Farrell and Donovan brokered a 10-year lease between Qingyun Yahg and Kimco Realty. The 787 s/f dry cleaning facility is located at 44 Plaza in Poughkeepsie. Brownell and Feinman with Donovan and Marcus & Millichap brokered the sale of Tops Plaza in Gates between Kimco Realty and Benderson Development for $1.4 million. Brownell and Feinman with Donovan and Joe Draghi of Great Dane Properties brokered a 10-year lease between Aaron's Rents and NRDC & Gibraltar Management. The 8,000 s/f store is located at Plaza 59 in Dunkirk. Farrell with Donovan of Donovan Real Estate Services brokered a ten-year lease between Ambiance Salon and Kimco Realty. The 3,200 s/f store is located in Latham Farms. Brownell and Feinman with Draghi brokered a lease renewal between America's Best Contacts & Eyeglasses, Inc. and Woodvale Holdings, LLC. The 1,400 s/f store is located in Columbia Center in Hudson.
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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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,

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