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.
Queens, NY Investment Property Realty Group (IPRG) arranged The Vaja Group’s $26.39 million acquisition of 24-41 31st St., a fully entitled development site in Astoria. The 29,638 s/f site traded for $176 per buildable s/f.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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.