News: Brokerage

Public Relations: Between deals? The media still wants to hear from you

New York is a real estate town, which is apparent in voluminous media coverage of deals, opinions, profiles, new developments and projects by the dozen or more publications that cover our industry. Millions depend on this news for buy and sell decisions, for borrowing and lending, for searching out partners, investors, employees and brokers, and for judging reputations and acumen of people to do business with. Which is why positive media coverage is essential. But with big deals few and far between and developments still years from opening, the news hook or reason for a story about you is just not there. Here are secrets for keeping your name and your organization in the media. Take advantage of "slow" news periods. Sure everyone wants peak fall or spring seasons, but there is nothing wrong with "dog" days of summer or major holiday weeks, when you have little to talk about. Journalists desperately need material then. They will give you space and compliments. Bond with journalists. When they request insights - foreign investment, the downtown market, zoning - help them out, even if they do not quote you. It will come back to help you, trust me. Consider providing information "off the record" which is the journalist's commitment to not attribute that specific info to you. Caution: this is not a written contract, but, I have never seen it violated. Journalists will reciprocate with either a mention or quote elsewhere in the story or in the future. Of course there is no substitute for a good story. A tenant rep firm promised to give a reporter hard evidence that some non-tenant reps were steering clients to buildings the non-tenant reps represented. It took three years to prove his case, but when he did, the tenant rep was the focus of the story. Harry Zlokower is president of Zlokower Company and immediate past president of the New York Chapter of the Public Relations Society of America, New York, N.Y.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,
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,