Name: Nicholas Malagisi
Title: Managing Director/National Director
Company: Sperry Van Ness Commercial Realty/Sperry Van Ness International, Inc.
Location: 6622 Main St., Ste. 7, Williamsville, NY 14221 (Buffalo)
Birthplace: Syracuse, N.Y.
Family: Wife and two children
College: Syracuse University, Martin J. Whitman School of Management
First job in real estate or allied field: I was hired by self-storage industry leader, Public Storage, where I was responsible for site acquisition and development of new properties in the Northeast. I also began acquiring existing self-storage facilities on behalf of Storage Equities, Public Storage's publicly traded Real Estate Investment Trust (REIT).
What do you do now and what are you planning for the future? Today, our firm is a full-service, commercial real estate investment brokerage firm specializing in the areas of retail, multifamily, office and industrial, self-storage, property management and sale-leaseback. We plan to open a Rochester office where we will offer the same services.
Hobbies: Reading, traveling, spending time with my family
Person you admire most (outside of family): My mentor, Daniel Driscoll
If you had to choose another vocation what would it be? Commercial real estate
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.
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.
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.
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
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