News: Brokerage

Glenn Tolchin Treasurer Young Men's/Women's Real Estate Association

Name: Glenn Tolchin Title: New York Capital Markets Group Company: Cushman & Wakefield Location: World Headquarters, 51 West 52nd St., New York, NY 10019 Place of birth and year: New Rochelle, NY, 1975 Family: Unmarried, Father, Mother and two older brothers College: Lehigh University, College of Business and Economics; Fordham University, Masters in Business Administration First job unrelated to your current field: Account executive to Guinness Import Co. of Brands First Job in current field: Altman Burack Schenker Partners-landlord representation and property management What do you do now and what are your plans for the future? I'm an investment sales broker responsible for the execution of N.Y.C. commercial real estate acquisitions and dispositions. Correspond with prospective investors, conduct property tours, coordinate due diligence materials, generate cash flow models and analyze capital structures, develop new business opportunities. Future plans include the investment in real estate properties as an owner and operator. Keys to success: Concentrate on what you do best. Person(s) you most admire (outside of family): Muhammad Ali If you had to choose a different profession, what would it be? Inventor / Innovator
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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
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
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,