News: Brokerage

Brooklyn Chamber of Commerce accepting nominations for awards

The Brooklyn Chamber of Commerce is accepting nominations for the 2011 Building Brooklyn Awards. This year's awards ceremony and cocktail reception is set for Thursday, July 14, at Steiner Studios in the Brooklyn Navy Yard. Nomination forms are due Thursday, March 3, and may be obtained by visiting www.buildingbrooklynawards.com. Projects that were nominated last year and were not recognized with an award may be re-submitted for consideration. Ten construction projects from across the borough were feted at the 2010 reception at Steiner Studios that attracted 400 attendees including real estate, design and construction professionals and government officials, including mayor Michael Bloomberg. The event also honored David Kramer, principal of The Hudson Companies, Inc. and Joe Chan, president of Downtown Brooklyn Partnership. For more information, visit www.buildingbrooklynawards.com or contact Lori Raphael, director of real estate and development, at 718-875-1000 ext. 140, or [email protected].
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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
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
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
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.
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.