News: Brokerage

Platinum Properties unveils four new initiatives for 2008

Following a successful 2007, Platinum Properties has unveiled four new business initiatives designed to accelerate its growth, broaden its client base and build on its unique niches. Among the creative undertakings are a new 24-hour concierge service, in-house direct lender, revamped website and international property management for individual condo owners. Platinum Properties will launch the Platinum Concierge, offering Manhattan buyers and renters 24-hour personalized service in which clients and prospective clients may call and speak with a member of Platinum's sales team on any housing related issue. The firm will expand its individualized services to clients through its restructured real estate management company, which will manage individual condo units for overseas buyers. As part of its service, Platinum will develop an effective marketing plan to rent out individual units throughout Manhattan, maximizing its international clients' investment. In addition to the management company, Platinum will also partner with Golden First Mortgage Corporation, a licensed mortgage banker with more than 25 years of experience. Over the next few months, the company will also unveil a new user-friendly website. Founded in 2005, Platinum Properties is a Wall Street-based real estate services firm with a steadily growing sales staff of over two dozen agents serving the Financial District and other sectors of the Manhattan real estate marketplace.
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
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.
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