News: Brokerage

FirstService Williams launches new website

FirstService Williams has launched a new website, www.fswre.com, loaded with market data and client tools. The site also features enhanced graphics, a cleaner look and a more user-friendly interface. The new site mirrors the look and branding of FirstService Williams, which was formed when FirstService Corp. acquired a 65% stake in GVA Williams. The site provides commercial real estate market data. FirstService Williams' reports are available as PDF downloads and cover the Manhattan, N.J., Fairfield and Westchester County office markets and the Manhattan capital markets. FirstService Williams FirstService Williams (formerly GVA Williams) is the New York area hub of FirstService Commercial Real Estate. The company is a leading provider of specialized realty services, including leasing, property management, investment advisory services, development, construction management, mortgage brokerage, tenant representation and institutional management. With nearly 300 employees and offices in Manhattan, New Jersey and Connecticut, FirstService Williams advised on more than $3.4 billion in sale, lease and capital markets transactions over the last 12 months. The firm manages more than 16 million square feet of prime commercial property. For more information, please visit the FirstService Williams web site at www.fswre.com.
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Columns and Thought Leadership
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.
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