News: Brokerage

Brooklyn Psychiatric Centers honor R.E. executives

Brooklyn Psychiatric Centers will honor Timothy King and Brian Leary, of Massey Knakal, and Elan Padeh and David Behin, of The Developers Group, with The Judge Robert Wilkin Commitment to Community Award at its 101st Anniversary Casino Night Gala on Thursday, October 4, 2007. The event will take place at Bridgewaters, 11 Fulton St., South St. Seaport, Lower Manhattan. The dinner and awards program are scheduled from 5:30 to 7 p.m., and the casino night, dining, and dancing from 7 to 10 p.m. "We are delighted to be presenting the Judge Robert J. Wilkin Award, named after our agency's visionary founder, to four individuals in the real estate community who also are visionaries and have contributed so much to Brooklyn's renaissance," said Dr. Pamela Straker, president and CEO of Brooklyn Psychiatric Centers. Each year, thousands of children, adults, seniors and their families receive the help they need during more than 60,000 visits to Brooklyn Psychiatric Center's five community-based clinics in Williamsburg-Greenpoint, Bushwick, Canarsie, Flatbush-Sheepshead Bay, and downtown, on-site programs in the public schools, an outpatient drug and alcohol treatment program, a prevention program serving at-risk children and their families, and senior programs.Tim KingBrian LearyElan PadehDavid Behin
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Columns and Thought Leadership
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.
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
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.