News: Brokerage

Halmar International and A. Servidone-B. Anthony Const. awarded $145.8 million to fix Patroon Island Bridge

Halmar International of Rockland County and A. Servidone-B. Anthony Construction Corp., of Castleton, have been awarded $145.8 million to fix the Patroon Island Bridge. The contract to repair the bridge was unveiled by the state Department of Transportation. The bridge carries Interstate 90 over the Hudson River between Albany and Rensselaer counties. The six-lane bridge, averaging 70,000 vehicles per day, will remain open during the morning and afternoon rush hours. There will be lane closures and restrictions at other times. Work is scheduled to start in the spring of this year. Traffic will continue to flow at all times throughout the construction. Drivers will have to get accustomed to a numerous bridge repair projects in the region this year. This includes work on the Twin Bridges, where the Northway, Interstate 87 crosses the Mohawk River. Another project is underway at Latham Circle in Colonie. The Patroon Island is the largest project of them all. The Patroon Island Bridge project drew 12 teams of bidders that was winnowed to three finalists in recent weeks.
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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
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,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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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.