News: Brokerage

Sutherland, developer of Lofts on Willow, earns a 2008 NYS Historic Preservation award

The NYS Office of Parks, Recreation and Historic Preservation has honored local developer, Doug Sutherland, with a 2008 NYS Historic Preservation Award for The Lofts on Willow. Sutherland's adaptive re-use of the former CW Snow Warehouse, was selected for outstanding commitment to community revitalization. Only five other projects in the state were recognized. The historically-significant building was designed and built in 1913 by architect Archimedes Russell. Aware of its value, the development team of Sutherland, Ted Kinder, Steve Krause, and Robert Medina were careful to retain many of the structure's original details, such as the mushroom-shaped concrete columns and concrete floors with painted aisle numbers. Other details were restored to their original condition, such the installation of 13 ft. windows, which had been replaced by concrete block. The Lofts on Willow now houses 49 one and two-bedroom loft-style apartments. Its location, near the Dinosaur Bar-B-Que, the on-site parking and reasonable rents make it an attractive downtown housing option.
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Columns and Thought Leadership
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
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,
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