News: Brokerage

Vanguard-Fine, LLC completes multiple sales and leases; Bulmer, Feinman, and Brownell broker land sale for $2 million

Vanguard-Fine, LLC , a commercial real estate office located in Albany, completed the following lease and sale transactions: * Paul Bulmer, Barry Feinman and Kenneth Brownell of Vanguard-Fine and Patrick Paladino of Colliers International New England, LLC brokered the sale of 4 acres located at 19 Wolf Rd., Colonie between Turf Hotels, Inc. and Macy's Inc. The sale price was $2 million. * Steven Lerner, Feinman and Brownell of Vanguard-Fine brokered the sale of property located at 1054-1056 Broadway, Albany between WF Enterprises and Brian Richless. The sale price was $190,000. * Feinman, Brownell and Christopher Farrell of Vanguard-Fine and Brian Donovan of Donovan Real Estate Services brokered a ten-year lease between Anytime Fitness and KIR Latham Farms L.P. (Kimco). The 5,058 s/f fitness center is located in Latham Farms, Latham. * Farrell and Bulmer of Vanguard-Fine and Frank Polsinello of The Polsinello Group, LLC brokered a three-year lease between Polsinello Group, LLC and Carman Realty, LLC. The office will be located at Carman Plaza in Guilderland. * Farrell, Feinman and Brownell of Vanguard-Fine brokered a lease between White Wolf Computer and DAC Realty Associates. The 1,300 s/f office will be located at 266 Delaware Ave. in Delmar. * Farrell and Bulmer of Vanguard-Fine brokered a three- year lease between Troy Dental and Fusco Realty LLC. The 1,000 dental office is located at 4017 State St., Schenectady. * Lerner of Vanguard-Fine, LLC brokered the sale of property located at 308 Delaware Ave., Delmar. between Wildbird Land, LLC and Getty Realty Corp.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,

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
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.
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