News: Brokerage

CNNMoney.com names R.E. management as one of the best jobs in U.S.

CNNMoney.com has recognized real estate management is a fulfilling career that offers a multitude of opportunities to those who are ambitious, organized, and hard-working.  In 2006, Money Magazine, Salary.com, and CNNMoney.com created a "Best Jobs in America" list — ranking property management as number 23 of 50. In 2007, CNNMoney.com created a new list splitting the ranking into various categories of job seekers. For the "Young and Restless" category, indicating "people who want more pay, more upside and more control over where they're going," property management was ranked number three of twenty possible careers.  With a median salary of $81,400 and the distinct possibility of international travel, real estate management remains appealing to the autonomous, adaptable individual (who doesn't mind foregoing the typical cubical environment).  It's no surprise that real estate management is among the most coveted careers in America.
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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
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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
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,