News: Brokerage

Mayor Bloomberg will be special guest at the NYHC and NHC 35th

­Annual Awards Luncheon on Dec. 11New York, NY On Dec. 11 at The New York Marriott Marquis, mayor Michael Bloomberg will be the special guest and will deliver remarks on the importance of affordable housing before 1,200 attendees at the New York Housing Conference (NYHC) and National Housing Conference (NHC) 35th Annual Awards Luncheon. The event will honor those who continue to create and preserve affordable housing in New York and nationwide. The recipients of this year's awards are: * Atlantic Development Group, Housing Developer Award (accepted by Peter Fine, principal). * The N.Y.C. Housing Authority, Special Recognition Award (accepted by Tino Hernandez, chairman, and Douglas Apple, general manager). * Shaun Donovan, commissioner, N.Y.C. Dept. of Housing Preservation and Development, Public Service Award. The corporate sponsor for this year's event is The Bank of New York Mellon Corp. The luncheon will begin with a reception at 11:30 a.m., with lunch served at 12:15 p.m. For more details please go to www.nhc.org/index/events-awards-luncheon.
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
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.
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
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