News: Brokerage

President's message: Need feedback from our members

I would like to take this opportunity to request direct feedback from all the members of BOMA Greater Rochester. The goals of getting your insights would be to see how we have succeeded or failed in meeting member needs and to find ways to continuously improve our services to the membership. I would like to hear from all of you on any issue including, but not limited to the following: * Ideas for upcoming elective programs. * Reviews of recent elective programs. * Improvements to our current recurring programs-which are: Real estate review, legislative luncheon, vendor fair, holiday party, golf tournament, business meeting, input on current charity, current cost structure, our public relations efforts, our education services, members who we should concentrate on recruiting and -any other pertinent topics. Please contact me via email at [email protected] or mail to: Champion Moving & Storage, Inc., Attn: Scott Smith, 100 Owens Rd., Brockport, 14420. Thank you in advance for any and all of your consideration. Scott Smith is the 2008 chapter president of BOMA of Greater Rochester and a sales manager at Champion Moving & Storage, Brockport, N.Y.
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SABRE coordinates sale of six properties totaling 199,845 s/f

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Columns and Thought Leadership
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
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.
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