News: Brokerage

RDDC to hold "Repositioning Rochester Series" event March 31 at Hyatt Regency

The Rochester Downtown Development Corp. (RDDC) will be holding a "Repositioning Rochester Series" event on Tuesday, March 31 from 11:45 a.m. to 1:30 p.m. The event will be held at the Hyatt Regency Rochester on 125 East Main St. in the grand ballroom. The event is titled "Economic Report: Early Barometers of Change." The panelists include: Jonathan Judge, president & CEO of PAYCHEX, Inc.; Jennifer Leonard, president and executive director of The Community Foundation; and Richard Deitz, officer & senior economist of the Federal Reserve Bank of New York. The lead sponsor for the event is Bergmann Associates. Reservations are required by March 26. For more information call (585) 546-6920 or email [email protected]. The cost for RDDC members is $40 and non-members are $45. The prices for a table of eight members is $320 and non-member tables are $360.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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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
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.
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