GLR commemorates its two-year anniversary

Grand Lux Realty (GLR), a discount real estate agency is celebrating its two-year anniversary. This past July was the company's second year in business. The company was originally started by Michael Levy, who has over 23 years experience in the real estate business. He is a Diamond Award Winning Broker in the Westchester-Putnam Multiple Listing Service. The company offers a real estate listing service with total commissions. The company is a member of the following Multiple Listing Systems: The Westchester-Putnam MLS, The Greater Hudson Valley MLS, which includes the Rockland, Orange, Ulster, and Sullivan Counties, The Northern Manhattan /Bronx MLS, and The Dutchess MLS.

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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.

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

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

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