Drones changes the way real estate agents present homes
Bronxville, NY When a real estate agency wanted to show the scale of an estate, it would require hiring a helicopter for the photographer to take pictures high above the streets. Now all that’s changed, courtesy of drones.
“For us, drone photography has become an invaluable tool for showing off an expansive home’s scope and proportions, as well as its larger setting,” said Joe Houlihan, managing partner of Houlihan & O’Malley Real Estate Services in Bronxville. “It also has the potential to show how close the homes are to the local shops, train station, and schools – a major selling point in desirable communities such as Bronxville. Drones are not only cheaper to fly than helicopters, they’re also more flexible. They can fly at heights as low as 80 ft., and as high as 200 to 300 ft.”
Jersey City, NJ Veris Residential, Inc., a multifamily REIT, sold its 4.2-acre Harborside 8/9 land parcel for $75 million. Net proceeds are estimated to be $69 million, which the
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
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.
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
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,