News: Brokerage

Houlihan and Coleman of Houlihan-Parnes broker $2.7m sale

Jerry Houlihan and James Coleman of Houlihan-Parnes Realtors, LLC brokered the $2.7 million sale of a five-story brick elevator building located at 54-60 Centre Ave., A/K/A 328-330 Huguenot Ave. & 41-43 Westchester Pl. The property contains 20 large apartments, 10 stores and one office with 200 ft. of retail frontage. The building is located at the corner of Centre Ave. and Huguenot Ave. in the Downtown Business Improvement District (BID) of New Rochelle. The property was sold at a foreclosure auction and the buyer is a Westchester-based holding company with several hundred apartments in the county. The property is situated a few blocks south of the newly developed "Avalon on the Sound" condominiums, Trump Plaza and New Roc City.
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Columns and Thought Leadership
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

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
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.
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