News: Brokerage

Albert Schatz Member Albert P. Schatz, LLC

Name: Albert Schatz Title: Member Company: Albert P. Schatz, LLC Location: 109 Croton Ave., Ossining, N.Y. Date of birth: November, 29, 1916 Family: Wife, 2 sons, 4 grandsons College: Business college First job outside of real estate: Worked on wardrobe for films such as "Gone With the Wind," "Stagecoach," "Robin Hood," "Wuthering Heights," "Gunga Din." First job in real estate or allied field: Salesperson What do you do now and what are you planning for the future? We handle residential and land development, as well as commercial and industrial. My boys now run the business, and it is their intention to become more involved in construction and development on their own. Hobbies: Antiquing, travel and exploring restaurants Favorite book: "Blackcock Feathers" by Maurice Walsh Favorite movie: "Brief Encounter," a British film made at the end of World War II, with Celia Johnson and Trevor Howard. Persons you admire most (outside of family): No particular individual: people with integrity and concern for their fellowmen, and stick to it , come hell or high water. Keys to success: All any of us has going for us is our name and reputation. We have always tried to maintain ours at the highest level. If you had to choose another vocation what would it be? Film producer
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SABRE coordinates sale of six properties totaling 199,845 s/f

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.
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Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

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.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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