Myles and Rogers of JF Real Estate broker sale of 600-620 W. Genesee Street

Paul Myles, sales agent, and Edward Rogers, V.P., both with JF Real Estate, a full-service commercial real estate brokerage firm, located at 2 Clinton Sq., Syracuse brokered the sale of the former First Presbyterian Church Campus located at 600-620 W. Genesee St. The property consists of a 3 building campus on 2 tax parcels made up of 7000 s/f sanctuary, 10,000 s/f parish house and 15,000 s/f office/school building. The Missio Church purchased the campus which will serve as a place of worship as well as a hub for their outreach programs throughout Onondaga County.

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AmTrustRE completes $211m acquisition of 260 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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Finance

IREON Insights: Tax consequences of using debt financing to acquire real estate in a self-directed IRA - by Richard Levychin

Columns and Thought Leadership

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.

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Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

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

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