News: Brokerage

Mysterious ways for good reasons

Cleaning out the dusty basement is no fun except when you might unearth something almost 40 years old that resembles someone's private diary. Whose is it? No signature! It's filled with lots of artwork, recipes, poems, personal stuff that still doesn't give away the owner. And then this poem entitled, "You Mustn't Quit" emerges. Hmm! Why did I find this diary today? Maybe for some mystical reason? Maybe by reprinting "You Mustn't Quit" it will save some frustrated, beaten down person from throwing in the towel when there might still be chance to survive and later on thrive. Who said, "It isn't over 'till the fat lady sings?" Let's see if this poem has a mystical message that might just give someone the extra incentive to stay the course, strive for maybe a new goal, or just have a little more faith in themselves and their own ability to win the battle. So here it is: "You Mustn't Quit" written by Anon. "When things go wrong as they sometimes will, when the road you're trudging seems all uphill, when the funds are low and the debts are high, and you want to smile but you have to sigh. When care is pressing you down a bit, rest if you must, but never quit. Life is queer with its twists and turns as every one of us sometimes learns. And many a failure turns about when he might have won had he held out. So don't give up though the pace seems slow. You may succeed with another blow. And often the blow is nearer then. It seems to a faint, faltering man often the struggler has given up when he might have captured the visitor's cup. And he learned too late when night slipped down, how close he was to the golden crown." That's the end (or is it a beginning?) Oh, here's the name of the diary owner: Denise Boudrot. Thanks Denise! Roland Hopkins is the founder of the New York Real Estate Journal, Norwell, Mass.
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
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
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
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.