News: Brokerage

Retro Fitness opens 14,300 s/f gym at East Meadow Commons

Retro Fitness has opened a new 14,300 s/f gym in the East Meadow Commons shopping center located on the north side of Hempstead Tpke. at Wantagh Parkway. Headquartered in Colts Neck, N.J., Retro Fitness is a 120-store chain with locations on the East Coast from Mass. to Fla. The gyms offer a low-cost, high value concept that gives members a gym experience for $19.99 a month. Nassimi Realty began major renovations and expansion of the 52,000 s/f East Meadow Commons in 2006, converting a former roller skating rink into 30,000 s/f of retail space and a former Pep Boys center into a high end multi-store building.
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Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.