News: Brokerage

CIREB raises $2,000 for Chamber Angels at holiday party

A great time was had by all at our holiday party with over 80 Commercial & Industrial Real Estate Brokers (CIREB) members sharing good times and great food (catered by Yono's Restaurant). This event was also a fundraiser for Chamber Angels, an organization dedicated to helping under privileged children in the area. CIREB raised over $2,000 for Chamber Angels. CIREB also welcomes their newest members: * Broker membership: Kathleen Angiolini, Century 21 The Angiolini Group; and Scott Ginsburg, Scott Ginsburg Realty. * Associate membership: Lawrence Jones, Keller Williams; Jan D'Agostino, Coldwell Banker; Tim O'Rourke, Roohan Realty; Athena Pagnotti, Realty USA; Anthony Poulos, Realty USA; and Diane Vaughn, Realty USA. Find complete and current listing of all our members, along with contact information available on CIREB's website. Upcoming marketing sessions: * Thursday January 10th: Hosted Tony Sabatino of Realty USA. This marketing session will be held at The Manor Office Park, Bloomingrove Dr., North Greenbush. * Thursday February 7th will be hosted by Touhey & Associates. Location to be announced. CIREB holds its monthly marketing sessions on the first Thursday of each month and are free to all CIREB members. Reservations are mandatory and sessions begin promptly at 8 a.m. Guests may attend these sessions at a cost of $10 per person.
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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
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.
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