News: Brokerage

Wadler and Lopez of KDA lease 5,000 s/f to State Distributor, Inc.

Kalmon Dolgin Affiliates, Inc. (KDA) has leased a one-story 3,500 s/f warehouse building with a 1,500 s/f parcel (total of 5,000 s/f) at 58-15 49th Pl. to State Distributor, Inc., a health and beauty aid distributor, according to Neil Dolgin, executive VP of KDA. The warehouse space is located in the Maspeth Industrial Park. Jacques Wadler and Vincent Lopez of KDA represented the tenant, State Distributor Inc. that is expanding its business. Michael Levy of MS Levy Realty represented the owner Ingraham Realty Properties LLC. KDA is a 105-year-old, Brooklyn-based real estate firm. In addition to providing brokerage and management services, KDA has acquired $300 million of its own real estate assets within the past year alone, primarily industrial and medical/office properties.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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
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,