Newmark Knight Frank president James Kuhn and his wife Marjorie have given a $1 million endowment to the Real Estate Institute (NYU-REI) at New York University's School of Continuing and Professional Studies—one of the largest gifts ever received by the Institute—to fund a permanent initiative to promote greater diversity in the real estate industry.
The James and Marjorie Kuhn Program to Foster Diversity in Real Estate will support student recruitment and scholarships, professional mentoring, career placement, and other activities at the NYU-REI.
Founded in 1967, the NYU-REI is home to graduate and professional continuing education programs in real estate, construction management, and related fields. The Institute is also renowned for hosting annual industry-wide conferences, such as the annual NYU REIT Symposium and the NYU Real Estate Capital Markets Conference.
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.
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
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
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 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.