News: Brokerage

H2M receives the NJPO Achievement in Planning award for two projects

H2M was recently honored with the New Jersey Planning Officials' (NJPO) Achievement in Planning Award for the development of the Lodi Sustainability Plan and the Lodi Land Use and Circulation Plan. The NJPO, founded in 1938, is the state's association of planning boards and zoning boards of adjustment. NJPO is New Jersey's largest, oldest and most active organization dedicated to planning and sound land use. Each year it recognizes projects, large and small, that reflect good sense in planning. Awards are given to projects that show and promote model approaches to sound planning. The awards were presented to H2M at the annual B. Budd Chavoosian Awards Banquet. The Lodi Sustainability Plan provides a broad and diverse range of recommendations about how a municipality can meet the needs of the present without compromising the ability of future generations to meet their own needs. The Plan proposes seven strategies for a sustainable future: (1) Sustainable Land Uses, (2) Green Buildings and Energy Efficient Site Design, (3) Efficient Circulation, (4) Protected Environment, (5) Equitable Community, (6) Responsible People, and (7) Good Government. A unique and model element of the Plan is that it includes detailed targets and indicators to measure success in achieving sustainability goals. The Lodi Land Use and Circulation Plan combines two critical Master Plan Elements into a single, comprehensive and integrated policy document that binds together future decision-making. The Plan preparation was a multi-phase process. First, a baseline analysis of existing conditions from data, mapping and photo analysis was completed. Next, significant and meaningful community outreach was undertaken to determine mobility issues and community preferences. The result is an Action Plan Matrix identifying short and long term improvement strategies for maximizing multi-modal opportunities, and encouraging land use changes to reduce the distances people have to travel.
MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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