ACCA hires Gilbane/BBL and HNTB for $300m convention center project
According to Albany Convention Center Authority (ACCA) executive director, Duncan Stewart, the decision of the ACCA board to hire the construction management and architectural design teams has been made. Gilbane/BBL and HNTB have been selected respectively. As the construction manager, Gilbane/BBL will be have overall administrative responsibility for the building of the $300 million proposed convention center. As the lead member firm of the architectural design team, HNTB will be responsible for the design of the buildings and the sites as a whole.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
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
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
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.