Judelsohn and Borruso of Pyramid Brokerage handle $1.029 million sale

Pyramid Brokerage Company-Buffalo, a Cushman & Wakefield alliance member, reports the sale of the former Oak Express store at 7510 Transit Rd., for $1.029 million. The 14,960 s/f store is located across from the Eastern Hills Mall. Arthur Judelsohn, executive director of the Buffalo office represented the seller, Furniture Row USA LLC. Ben Borruso of the Buffalo office represented the purchaser, Bert's Bikes & Sports. With more than 30 years experience, nine offices and 100 agents, Pyramid is one of upstate New York's largest full service commercial real estate providers. Their people, resources and alliance with Cushman & Wakefield provide their clients with a comprehensive, effective and seamless local, regional, national and global service delivery platform.

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AmTrustRE completes $211m acquisition of 250 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

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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

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

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

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.