Welco Realty leases 15,000 s/f to Cost Plus World at 490 Broad Street
Cost Plus World Market, a division of Bed, Bath & Beyond has secured a new 15,000 s/f space at 490 Broad St. It is their second store in the New Jersey area (Monmouth County). Jerry Welkis, a principal of Welco Realty and David Townes, leasing agent of Welco Realty represented the landlord, MCP Associates, LP, in leasing the present Annie Sez store in Rt. 35. Welco Realty negotiated the deal directly with the tenant.
Middle Island, NY Roger Delisle and Robert Monahan of Island Associates negotiated the lease for the Giunta’s Meat Farms to occupy 45,000 s/f at Strathmore Commons.
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,
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.
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
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