News: Brokerage

Schlecker and Talmadge join Eastern Consolidated as associates

According to Eastern Consolidated, Evan Schlecker and Travis Talmadge have joined the firm as associates. Their focus is the sale and acquisition of investment grade properties throughout the metro area and they will be working with of Sam Schneider and Daniel Glaser, both directors. Scheckler is a graduate of the Wharton School, University of Pennsylvania with concentrations in Real Estate and Finance. Prior to joining Eastern, Scheckler was an assistant trader intern on the commodities desk at Susquehanna International Group. Before that, he interned at Merrill Lynch as part of the Global Private Client Division with the CMGK Group. Talmadge interned at Eastern Consolidated last year, honing his skills by assisting with research and all aspects relating to building sales negotiations. He graduated from Hamilton College with a double degree in Economics and Art. He has participated in volunteer activities for the Boys and Girls club of Northern Westchester as well as the PGA Tour Buick Classic. Founded in 1981, Eastern Consolidated has emerged as one of the country's preeminent full-service real estate investment services firms, combining an unrivaled expertise in the greater New York marketplace with a worldwide roster of institutional and private investor clients. Over the years, it has been responsible for the acquisition, disposition and finance of all types of properties, including office and apartment buildings, lofts, factories, hotels, shopping centers, commercial and residential development sites, taxpayers, parking garages and lots, retail condominiums and air rights transfers.
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Columns and Thought Leadership
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.
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.
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
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