News: Brokerage

Picone completes WKBW Newsroom renovations; Silvestri Architects PC provides design

As design/builder for this project, Picone Construction has completed renovations for WKBW TV's Newsroom located at 7 Broadcast Plaza. Work included: select demolition, new walls, doors and frames, new acoustical ceilings, vinyl composition tile, painting, new furniture and chairs, HVAC, and electrical work. The architect selected was Silvestri Architects PC. A ribbon cutting ceremony was held March 2. Picone Construction Corp. has been providing Professional Construction Services to the Western New York area since 1931. The firm specializes in General Contracting, Construction Management, and Design / Build services. Past projects stand as enduring testimonials to the integrity and commitment that has always characterized their work. Extensive experience and knowledge insures that all clients will receive the quality and value they demand.
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NYSCAR September 2026 president’s message - by Mercedes Brien

NYSCAR will be holding their annual board meeting on September 16, 2026, 10:00 am at Turning Stone Resort and Casino in Verona, New York. Committee reports and chapter reports will be given and the election of officers and governors will be held. 
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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,
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.
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
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