Richard Ferro, CCIM, has 19 years experience in commercial real estate, having transitioned to the business after 19 years in a corporate manufacturing environment with General Electric. His areas of concentration have been office and warehouse space, investment properties and business brokerage.
He is currently the principal broker of Prudential Blake-Atlantic, Realtors, responsible for recruiting, training and coaching of the company's associates. Active in real estate in the Albany region for more than 20 years, Tracy Metzger, broker owner of TL Metzger & Associates, started her own full service brokerage firm with two distinct teams specializing in commercial and residential real estate services in 2000. TL Metzger is now ranked as one of the top brokerage companies in the region with average annual sales of $40 million. In 2008, the company received the Small Business of the Year Award from the Albany-Colonie Regional Chamber of Commerce.
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
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.
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
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
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.