News: Brokerage

Bucci of The Sutton Companies completes two sales totaling $1.304 million; Including sale of the Sylvester for $689,000

Andréa Bucci, real estate salesperson of The Sutton Companies, completed the following two sales totaling $1.304 million: * The Sylvester, located at 900 East Fayette St., was sold for $689,000 as a cash deal. The seller was Sylvia Norton and the buyer was East Fayette Group, LLC. The property is well-situated to serve Syracuse University students and a growing business community in being near the Connective Corridor. * 101 Ostrom Ave. closed for $615,000. The property consists of 4 units and 15 beds for Syracuse University student housing. The buyer was TJMG, LLC and the deal was financed by Empower Federal Credit Union. Sutton has served the commercial real estate needs of Upstate New York since 1933. An expert team in all specialties of commercial work and property management experience ground Sutton in realistic solutions with lasting value for its clients.
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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.
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,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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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