News:
Brokerage
Posted: October 15, 2019
September 10th YM/WREA meeting held at L&L MAG offices
New York, NY On September 10th the Young Men’s/Women’s Real Estate Association of New York (YM/WREA) hosted MaryAnne Gilmartin, founder and CEO of L&L MAG for their September luncheon with the invocation given by Lindsay Ornstein, partner at Transwestern, and 2017 YM/WREA chairman.
L&L MAG is a real estate development company founded by David Levinson, Robert Lapidus and MaryAnne Gilmartin in 2018. The company brings together purposeful, committed builders to develop projects that enhance the skyline and streetscapes of area communities while delivering value to partners and investors. They are a proud woman co-founded and managed company dedicated to inclusivity in real estate.
Tags:
Brokerage
MORE FROM Brokerage
AmTrustRE completes $211m acquisition of 250 Madison Ave.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
.jpg)
Quick Hits
.gif)
Columns and Thought Leadership
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.
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
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
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
.gif)