News: Brokerage

Professional Profile: Paul Bowers 2013

Name: Paul Bowers Title: Associate Broker Company: Prudential Blake Commercial Realtors Location: 8 Airline, Suite 104, Albany, NY 12205 Place of birth: Schenectady, NY Family: Married 29 years, 2 boys ages 18 and 20 College: Russell Sage, Hudson Valley First job unrelated to your current field: Lum's Restuarant First job in your current field: Residential agent 1973 commercial broker since 1978 What your firm does now and its plans for the future? We cover Capital Region in 10 countries. We specialize in sales and leases of commercial, industrial real estate, of which multifamily continues to be a hot item. We work with local and regional firms looking for grass hands on representation. Hobbies: Traveling, reading, community service, baseball coach, business mentor Favorite film: Jerry McGuire Favorite novel: I have read numerous times, "You Cannot Afford the Luxury of a Negative Thought" Life is short, what legacy will you leave on this earth? Keys to success: I use the case study method to sell property. This is a solution based strategy which includes knowledge of values, target markets, relentless prospecting, adjusting my strategy to meet the market & clients needs in order to get the deal done. Person you admire most (outside of the family): Jack Collett of Collett Mechanical If you had to choose a different profession, what would it be? A psychologist
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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
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

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,
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced