News: Brokerage

Paul and Sam Adler of Rand Commercial receive Hudson Valley Chapter of NYSCAR Economic Development Dealmakers (HV West) award for 2023

Paul Adler

 

Sam Adler

 

New City, NY Rand Commercial, congratulates Paul Adler, Esq., SIOR and Samuel Adler for receiving the Hudson Valley Chapter of the New York State Commercial Association of Realtors Economic Development Dealmakers (HV West) award for 2023.

The Adlers were awarded the economic development award for the transaction they brokered in connection with the sale of 25 Hemlock Dr. in Congers from the Triangle Squared Realty Hemlock, LLC to Chartwell Pharmaceuticals for $13.479 million.

“After 45+ years in the commercial real estate business, I am most proud of this deal for what it will bring to the local and NYS economy and humbled to share this award with my son Sam,” said Paul Adler.

The vacant 81,000  s/f class A industrial flex building is on 7.5 acres, and the acquisition was part of Chartwells campus expansion. This acquisition was a huge win for economic development for Rockland County and should yield up to 300+ jobs for the area.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
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.
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