News: Brokerage

Four current myths about public relations

Traditional public relations is still one of the best bets for reaching specific audiences with powerful credible messaging. To be successful today there are four popular myths to dispel. Myth #1: All I have to do is issue a press release. Not true. While a press release is basic, it has to satisfy both you and the media, never an easy task. It further has to have good placement and distribution strategy. Myth #2: Some of the most important journalists are my friends. Maybe so, but see what happens when you give them a non-story, or old story or when damaging or critical information about you comes their way No matter what, journalists must always be treated carefully. Myth #3: If a reporter calls me about my business I should answer totally and truthfully. If you must respond, then of course respond truthfully, but not necessarily totally. You are under no obligation to discuss your business. It could be damaging. Better to consult with a publicist and perhaps a lawyer, depending on the circumstances. Myth #4: Traditional media is not worthy worrying about. Social media is everything. Many real estate professionals disagree with that statement. They see concrete results from stories or quotes in The New York Times, New York Real Estate Journal, or any other credible media. Let us not forget that the media still has the standards and editorial control that make them very credible and influential. You can post that coverage on your website and be proud. Harry Zlokower is the president of Zlokower Company and the 2012 president of the New York Chapter of the Public Relations Society of America, New York, N.Y.
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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.
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
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.