News: Brokerage

Submissions are in for REBNY's 2008 Retail Deal of the Year

The Real Estate Board of New York (REBNY) has received the final submissions for its Retail Deal of the Year Awards, which annually recognize the most creative and significant retail deals. This year, REBNY members submitted 13 transactions. The winners will be held at the Retail Committee's annual cocktail party on Wednesday, June 10 at the 101 Club. Of the two awards presented, one will honor the deal that benefited the retail market. The other will recognize the most creative retail deal. "Completing these exciting and often complicated retail transactions during such a tumultuous year for the industry, is indeed a great achievement. We commend all of the brokers that submitted these creative and noteworthy deals and look forward to announcing the winners of the Retail Deal of the Year Awards next month," said Steven Spinola, REBNY president. Sponsors for the cocktail party are: Cushman & Wakefield, CBRE, Vornado Realty Trust, Winick Realty, Jack Resnick & Sons, Robert K. Futterman & Associates, W&H Properties and Crain's New York Business. Tickets for the event on Wednesday, June 10th at the 101 Club, 101 Park Ave., are $50. For tickets, please contact Desiree Jones, [email protected].
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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
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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