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KDA Thanks Our Staff and Brokers


“We are in the midst of a new chapter in the history of our country but it does have parallels in the past and it’s our aim to take you with us on this fantastic journey to not only survive the present but to conquer and expand your opportunities.  We have the insight, the hindsight… Read more »

Amazon Delivers Hope to Brooklyn Office Market


The coronavirus has slowed an already lagging Brooklyn office market, but Amazon Music has signed a lease in a new Williamsburg building that has local brokers feeling optimistic. Amazon’s music streaming service took 40,000 square feet of production space at Rubenstein Partners and Heritage Equity Partners’ 25 Kent. Commercial Observer  

For AI to Change Commercial Real Estate It Can’t Live in a Black Box


We have all bought into the promise that AI is coming to commercial real estate. Decisions are going to be made with orders of magnitude more sophisticated than they are today. We are going to look back on our valuation processes in a few years like doctors before the discovery of germs, like mathematicians before… Read more »

Think You Have the Leadership Gene? Answer These 6 Questions to Find Out


Leadership is both a gift from birth and a learned skill. For anyone who has led large teams in business, you know there are certain methods and best practices that are important. Over-communicating with employees, clearly setting expectations, leading by example–you can learn these things at any leadership seminar.  Yet, for anyone in leadership, you… Read more »

Brewery Property Sells for $22M


The Patchogue building that houses the Blue Point Brewery has been sold to a Brooklyn-based real estate investment firm. Terms of the deal were not disclosed, however, industry sources pegged the price at $22 million. The Blue Point Brewery, which has a long-term lease at the property, remains in operation. Bud and Brewery LLC, an… Read more »

Kalmon Dolgin Affiliates Arranges $16.5M Sale of Industrial Property @ 74-16 Grand Avenue in Elmhurst


Kalmon Dolgin Affiliates (KDA) has arranged the $16.5 million sale of a 70,000-SF, three-story industrial property at 74-16 Grand Avenue in the Queens neighborhood of Elmhurst, NY. Kalmon Dolgin and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, made the announcement.   KDA’s Neil Dolgin and Vice President Grant Dolgin negotiated on behalf of the seller, Monitor Holding Corp., and… Read more »

Amazon seeking to expand in Brooklyn


Amazon is seeking 1 million square feet of distribution space in Brooklyn, according to a report. Photo Credit: Getty Images/David McNew Amazon may be looking to expand its distribution operations in Brooklyn to as much as 1 million square feet, according to a published report. Earlier this year, the retail giant announced it had abandoned… Read more »

The Bronx Industrial Market Has Seen a Big Uptick


It’s been just three short years since Andrew Chung founded his development company Innovo Property Group, yet he is leading the charge in developing the biggest new industrial property in the Bronx—an 840,000-square-foot mega-distribution center.   And consider this: Chung graduated from The Bronx High School of Science.   He has watched the area evolve… Read more »

24.5 Acres on South Shore for Sale for $23M


STATEN ISLAND., N.Y. — At a time when several big box retailers, like Amazon and Ikea, are building facilities on Staten Island, nearly 25 acres of Charleston property zoned for manufacturing uses has been put on the market for $23 million. The property is comprised of five lots of more than 1 million square feet at 4482 Arthur… Read more »

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