News: Brokerage

Abdo joins Coldwell Banker Commercial Alliance

According to Coldwell Banker Commercial Alliance, Corey Abdo, a veteran Manhattan commercial real estate professional with over 25 years of experience representing both tenants and landlords in Manhattan, has joined the firm as an executive managing director, leasing and sales, for its New York City office. In his new role at CBC Alliance, Abdo will provide owner representation and tenant advisory services to clients throughout the Metropolitan area. Richard Selig, principal, Coldwell Banker Commercial Alliance made the announcement. "Corey brings a tremendous amount of experience to his new position with an exceptional track record and understanding of the local real estate landscape," said Selig. "He also has a passion for dedicated, client-focused servicing, making him the ideal candidate to help our firm continue its ascension into one of the true leaders in Manhattan commercial real estate." Over the course of his career, Mr. Abdo has successfully negotiated over two million square-feet of real estate transactions and joins CBC Alliance from EVO Real Estate Group, formerly Winoker Realty Co. Inc., where he spent the last 12 years leading the company's leasing efforts as an Executive Vice President and partner. Prior to his stint at EVO Real Estate, Abdo worked at Newmark & Company for 17 years and was instrumental in the development of the company's promotional brokerage division. Tenants represented by Mr. Abdo during his career include Chadbourne & Parke, Rodman & Renshaw, H. C. Wainwright, Intergrated Resources, Fareportal, Donley Communications, Leukemia Society of America, Playbill Inc. OMI, Saudi Petroleum, Sterling Winthrop, BBD&O, Amalgamated Bank of New York, CBS, Time Warner, AT&T, Scandinavian Bank, Grand Charter Group, Miller & Co., and Victoria Hagen. Abdo is a member of The Real Estate Board of New York and holds a bachelor of Economics degree from Hofstra University.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.