News: Brokerage

Skanska USA presents HUMC with $35,000 donation to support multiple myeloma fund

Skanska USA presented the Hackensack University Medical Center (HUMC) with a $35,000 donation to help support the hospital's Multiple Myeloma Fund. Skanska raised the $35,000 at the company's annual NJ golf outing, and presented an oversized check to HUMC's Dr. Siegel to help him and his colleagues continue to research and develop cures for Myeloma. Skanska's annual golf outing is one of many events the company organizes to support the community. In addition to the Golf Outing, Skanska partners with altruistic organizations to pave the way for a healthier tomorrow. Skanska participated in the Muscle Dystrophy Association's (MDA) 16th Muscle Team Kick-Off at Chelsea Piers in N.Y.C. to support MDA in finding cures for muscle deteriorating diseases.
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CBRE leases 9,527 s/f to Cypress Creek Renewables at 530 Fifth Ave.

Manhattan, NY In a transaction arranged by CBRE, Cypress Creek Renewables, a solar and energy storage developer and independent power producer, has inked a 9,527 s/f office lease at 530 Fifth Ave. The firm will occupy part of the 17th floor
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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.
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,
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