News: Brokerage

Meet the NYSCAR Members - Smith

Edward Smith, CREI, ITI, CIC, RECS, is the regional director and corporate commercial trainer for Coldwell Banker Commercial NRT operations on Long Island and the Mid-Atlantic region. He is a NYS licensed real estate broker, specializing in commercial and investment real estate, with 35 years of brokerage experience. He is an Instructors Training Institute (ITI) graduate and has 10 years experience teaching commercial real estate courses. He has authored four 7.5-hour continuing education courses. He is Past President of the New York State Commercial Association of Realtors®, Past President of the Metro-Long Island Chapter of NYSCAR; Past President of the Long Island Commercial Network (LICN); and has served as a Director of the Long Island Board of Realtors®. He is also a former Officer and Director of the Commercial Industrial Brokers Society (CIBS). Currently, a Director of the New York State Association of Realtors®, he also serves on many of their committees including: Chairman of the Commercial Issues Committee; Legislative Steering; Education Management and previously served as Statewide RPAC Chairman. He serves on the Boards of NYSCAR and LICN and he is a Director of the Real Estate Practitioners Institute at Long Island University. Edward S Smith EMAIL NYSCAR Advisory Board Coldwell Banker Commercial NRT 5018 Expressway Dr S Ronkonkoma, NY 11779 631-588-9090 631-588-0448 fax [email protected] * www.cbcnrt.com
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.