Real Estate News - Press

As Big Box Chains Continue to Close, What Will Happen to Vacant Staten Island Storefronts?

CEO/Broker/Owner of PreReal™, Prendamano Real Estate in Bulls Head, James Prendamano, spoke with Jessica Jones-Gorman from the Staten Island Advance to share some of his thoughts about what will become of vacant Staten Island storefronts.

As big box chains continue to close, a pressing question arises: what will become of vacant Staten Island storefronts? While the retail landscape has undoubtedly shifted in recent years, there is still potential for new and innovative commercial tenants to transform these empty spaces.

A New Retail Reality

It's been half a decade since Toys R Us left a colossal 39,000-square-foot gap in Richmond Avenue's retail scene. Shop Rite and SuperFresh have also vacated their premises, leaving Staten Island…

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Staten Island Real Estate Firm Named One of the Nation’s Top Brokerages

CEO/Broker/Owner of PreReal™, Prendamano Real Estate in Bulls Head, James Prendamano, spoke with Jessica Jones-Gorman from the Staten Island Advance to share some words about being named one of the nation’s top brokerages real estate firms in Staten Island.

Real Estate Business Review, a national real estate publication named PreReal™, along with global giants like Cushman & Wakefield, is one of the best companies to work for in 2022.

“This prestigious recognition is a testament to our collective hard work, dedication and commitment to delivering exceptional service to our clients,” noted James Prendamano, broker/owner of PreReal™. “It is a recognition of the passion and drives that we bring to our work every day, and the unwavering…

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Crumbl Cookies coming to Staten Island

BIG ANNOUNCEMENT!!!

PreReal™, Prendamano Real Estate Nixon Team, Tom Perretta, spoke with Jessica Jones-Gorman from the Staten Island Advance to share some words about how proud they are to have helped Crumbl find such a great spot for their first store on Staten Island.

Dessert lovers on Staten Island, get ready to indulge in some delicious, ooey-gooey cookies! Crumbl, the viral cookie-maker known for its classic chocolate chip variety and rotating weekly menu, is opening up its first store on Staten Island.

The company, co-founded by cousins Jason McGowan and Sawyer Hemsley in Utah in 2017, quickly became a social media sensation with more than 5 million followers on TikTok alone. Since then, Crumbl has expanded to over 600+…

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The Carl V. Bini Memorial Foundation: Continuously Making a Difference in Staten Island

Founded in memory of Carl V. Bini, a beloved Staten Island firefighter who lost his life on September 11th, 2001, the Carl V. Bini Memorial Foundation is a non-profit organization dedicated to serving the community and making a positive impact in the lives of those around them.

The foundation is committed to making a positive impact in the lives of those in need and has been working tirelessly to achieve its mission. One of its main areas of focus is supporting the families of fallen heroes. This is done by providing financial assistance, counseling services, and other forms of support to those who have lost a loved one in the line of duty.

James Prendamano, and Celia Iervasi of PreReal™, Prendamano Real Estate, have been deeply involved…

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What to Repair Before Selling your House

Making your property presentable before putting it on the market makes sense if you want to make it more appealing to prospective buyers. Nevertheless, you don’t want to splurge on major renovations that will compromise your profits. The key is to focus on the essential repairs that won’t break the bank but will boost your home’s value and overall selling price. 

Here’s a list of areas you need to fix before accepting viewings for your property.

Dirty and damaged flooring 

Worn-out linoleums, dingy and stained carpeting, broken tiles, or scratched-up hardwood floors give potential home buyers a negative impression that the property isn’t well-maintained or could be hiding more serious structural issues that require significant…

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Tips to Hire The Top Electrician In Adelaide

Electrical work requires skilled hands; be it in your home or commercial property. While you may be able to change a light fixture on your own, it would be a sensible idea to appoint a specialist to handle the heavy-duty electrical work.

Hiring an electrician for your home might appear like an easy task. However, when it comes to such electrical services, it would be in your best interest to do a little research before appointing someone for the job. With professional agencies such as THG electrical getting any electrical work done on your property in Adelaide has now become a cakewalk. Here are a few tips that can help you find the best electrician in your city.

Faulty electrical repairs will not only add on to your recurring costs but can endanger…

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Storefront Vacancies on 2 of Staten Island's Corridors

Casandra Properties CEO, James Prendamano, recently had the opportunity to speak with Tracey Porpora of the Staten Island Advance about a recent report conducted by the City Planning Department entitled “Assessing Storefront Vacancy in NYC.” The report highlighted 2 areas on Staten Island; New Dorp Lane and Port Richmond that have experienced storefront vacancies. 

James was quoted saying, “Both of these corridors (New Dorp Lane & Port Richmond Avenue) were once walkable and on-site parking was not a requirement. One of the unintended consequences of downzoning and zone changes in the surrounding neighborhoods have in essence frozen these buildings in time. They don’t have adequate on-site parking that meets the retailer’s requirements.  When you…

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Staten Island’s North Shore Has Arrived

I was thrilled to read an article from New York Post on St. George being listed as one of the hottest NYC neighborhoods for 2019. We are proud to be one of the pioneering firms in St. George and Stapleton over the last few years. Casandra Properties has been involved in many projects on the North Shore.  

Originally, we did the initial assemblage and worked through the entitlement process for The View that resulted in some of the highest rental comps that St. George had ever seen. We then subsequently sold the building for $22m to a local investor. We are proud to report the building is at 90% occupancy and serves as a cornerstone in the neighborhood.

We were the exclusive reps that sourced the land, brought the developer through the approval…

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Increasing Rents, Decreasing Space

I’m always happy to weigh in on Staten Island real estate and yesterday I had the opportunity to speak with Tracey Porpora from Staten Island’s Advance.  Without question, we have seen a shift in the way people live here on Staten Island. From the millennials down, there has been a deviation from the traditional larger housing stock we have been accustomed to on Staten Island.

According to Rentcafe.com the average apartment in the US has shrunk by 52 square feet in 10 years.  So, why are people willing to pay more for less?  Many apartment complexes are adding high end amenities to their apartments and building commons spaces. With careful planning you are able to drive higher rents out of smaller apartments. However, today’s consumer is extremely…

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Industry News: New iBuying Platform for Online Home Buying

As real estate professionals, it’s important to stay informed when it comes to industry news. The landscape is constantly changing especially with the advent of new technology in the digital arena. This is changing the way we sell, market and purchase real estate. 

It’s been reported that a new start up called Bungalo has launched a solely digital platform where buyers can search, finance and purchase newly renovated homes. Bungalo joins a growing group of iBuying platforms that includes Opendoor, Zillow and Redfin. All of these online platforms purchase and sell homes directly to clients after renovating the houses. 

According to the Company’s CEO, Greg Stuart, Bungalo will start by selling 25 homes in Dallas-Forth Worth and 10 in Tampa, Florida,…

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