News: Brokerage

Eschete of H2M receives the Melvin C. Miller award from NACE

According to H2M, Arthur Eschete, Jr., chief coatings inspector of H2M, was presented with the Melvin C. Miller Award, Ernest Iannucci, PE, LEED AP was promoted to department manager - electrical engineering, and Julia Schneider has passed the Comprehensive Planning Exam (CPE) of the American Institute of Certified Planners (AICP). Eschete received the Melivin C. Miller Award from the metro N.Y. section of the National Association of Coating Engineers (NACE).  The award was presented to Eschete by Mark Miller the grandson of Melvin C. Miller. Iannucci has been with the firm since 2001 and has demonstrated technical talent and production capability.  He has progressed from staff engineer to project manager. Iannucci has a B.S. in Electrical Engineering from Manhattan College and is a licensed engineer and is a LEED accredited professional. Schneider's responsibilities include freshwater and tidal wetlands delineations, the preparation of Stormwater Pollution Prevention Plans (SWPPPs) and assisting the village's of Bayville, Lloyd Harbor and Farmingdale with their EPA Phase II Stormwater Management Program Annual Reports. She completed a four-month assignment as an H2M consultant for Suffolk County Department of Public Works as an industrial waste pre-treatment enforcement coordinator in Yaphank.
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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
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.
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
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
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.