News: Brokerage

Ideal Properties brokers four leases totaling 10,052 s/f

Ideal Properties Group LLC has completed four leases totaling 10,052 s/f. The broker represented both landlords and tenants in all of the following leases: * A 700 s/f storefront at 453 7th Avenue in Park Slope leased by m.a.e. m.a.e. signed a 10-year lease. * A 1,300 s/f storefront at 216 Flatbush Ave. in Park Slope leased by restaurateur, EAEH Inc. The restaurateur inked a five-year lease, with an option for five additional years. * A professional conglomerate including a law office, credit protection firm and title company High Rise Abstract signed a five-year lease for 5,000 s/f at 546 3rd Ave. in Gowanus. * The Flying Monkey, Washington Ave.'s newest bar, signed a five-year lease for its Prospect Heights location. Slated to open in the mid-summer, they rented a total of 1,552 s/f at 706 Washington Ave. The bar joins its sister venue in Bushwick - Kings County Bar. * Good Groceries Inc. signed a year-long lease for a 1,500 s/f marketing space at 98 4th St. in Carroll Gardens.
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
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,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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