News: Brokerage

Rosenblum Cos. to receive 2015 Town of Guilderland Green Award

The Rosenblum Companies will receive the 2015 Town of Guilderland Green Award, given to a business that has made significant beautification renovations with the environment in mind. The Rosenblum Companies is receiving the Green Award for numerous initiatives undertaken to ensure that the Great Oaks Office Park is both aesthetically pleasing and sustainable including new solar-reflective roofs and low profile, energy efficient LED parking lot lights, porous pavement parking lots to mitigate storm water runoff, construction material and carpet tile recycling, and low-impact integrated pest management (IPM). All three buildings at Great Oaks are also ENERGY STAR certified. commercial buildings that earn EPA's ENERGY STAR use an average of 35 percent less energy than typical buildings and are responsible for 35 percent fewer greenhouse gas emissions. The Green Award is one of eight Town Beautification and Chamber Awards, and the only one that is not necessarily given annually. Each winner was nominated by community and chamber members and then selected by a committee consisting of Town officials, the chamber's annual dinner committee, and members. Awards will be presented on Wednesday, June 3 at 5:30 p.m. at the Guilderland Chamber's Annual Dinner at Colonie Golf and Country Club, 141 Maple Rd, Voorheesville, NY 12186. Tickets are $75 each or $600 for a table of 8. To register: http://guilderlandchamber.com/calendar.html
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Columns and Thought Leadership
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,
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,

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
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