News:
Brokerage
Posted: October 27, 2008
SUNY Fredonia breaks ground on $5.7 million incubator const. project
SUNY Fredonia president Dennis Hefner was joined by federal, state and regional officials, who together broke ground on the construction phase of the new SUNY Fredonia Technology Incubator, a $5.7 million economic development effort. The incubator, a partnership with the city and Chautauqua County, will offer a variety of resources to up to 30 start-up companies with a technology focus and a commitment to WNY. The project is already operating within a temporary facility, but the completion date for this 21,000 s/f, two-story permanent structure is targeted for the fall of 2009. Located at 214 Central Ave., the incubator will be an extension of the main SUNY Fredonia campus.
Tags:
Brokerage
MORE FROM Brokerage
SABRE coordinates sale of six properties totaling 199,845 s/f
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
.jpg)
.gif)
Columns and Thought Leadership
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
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
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.
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.
.gif)