News: Brokerage

Best wishes for a happy, healthy and prosperous New Year!

By John Lavelle I'd like to wish everyone happy holidays and I look forward to a great 2015! Urge Congress to Extend TRIA (Terrorism Risk Insurance Act of 2002) The "Terrorism Risk Insurance Act of 2002" (TRIA) will expire at the end of 2014 unless Congress reauthorizes it once again. Because of the importance of terrorism insurance coverage to commercial real estate, NAR supports the continued availability and affordability of coverage made possible by the federal backstop program of the "Terrorism Risk Insurance Act of 2002" and its extensions. Show your support by responding to the Call for Action - it only takes a few minutes of your time. (visit realtor.org) Call for Nominations-Realtor of the Year NYSCAR is accepting nominations for the 2014 Realtor of the Year. If you would like to nominate a member, please email Ali Mann ([email protected]) or Sherry Marr ([email protected]) for the suggested point system to use when submitting a nomination. Annual Conference The Annual Conference Planning Committee, chaired by Brian DiNardo, will be meeting via conference call soon to plan this year's event! Be sure to mark your calendar for June 8-10, 2015 at Turning Stone Resort and Casino in Verona, N.Y. for the 14th annual conference. Register for the 2015 Code of Ethics and Professional Standards Procedures Training Sponsored by the NYS Association of Realtors, instructed by Patrick Reilly, NYSAR VP board and member services. Gain a full understanding of ethics and arbitration hearings, enforcement procedures and disciplinary guidelines during the 2015 Code of Ethics and Professional Standards Procedures Training. In addition to 7.5 hours of CE credit and GRI credit, this course also satisfies NAR's mandatory ethics training requirement. January 16: Double Tree, Binghamton January 21: Double Tree, Syracuse January 23: Marriott, Albany January 29: Clarion, Batavia February 27: High Peaks Resort Lake Placid March 23: LIBOR, Woodbury April 16: HGAR, W. Nyack Go to www.nysar.com for further information. Best wishes for a happy, healthy and prosperous New Year! John Lavelle is the president of NYSCAR and is an associate broker, commercial at RJ Smith Realty, Pine Bush, N.Y.
MORE FROM Brokerage

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,