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Brokerage
Posted: May 18, 2021
Thank you to our subscribers, sponsors and advocates!
What a year! 2020 really showed us how tough we all really are.
Last March was a whirlwind of activity at the Journal. We pushed through two issues, the last “in office” issues around March 17th, 2020 and promptly shuttered the office, moving everyone (and their “offices”) home. And it was hard! But here at the Journal, we’re a family, and families stick together. We figured it out. The Journal family met weekly as a group for Friday Happy Hours, complete with spouses, kids and pets, of course! Through good times and challenging times, we get through it–and the COVID-19 Pandemic is no different.
We reached out to our subscribers, and as many companies as we could, to show our support for them. We advocated for them, printed and posted their news and byline articles. We further developed our Connect Directory into something phenomenal. (If you haven’t checked it out yet, what are you waiting for?) We brainstormed new ideas on how to support the industry through new spotlights, online events and special features. We’ve got much more coming, as we’re always evolving to bring you the best media products.
We’re looking forward to being back in the office more in the months ahead, and being all back together again. We’ve got some great events planned, and special features that we can’t wait to share. Keep an eye on our social media for some sneak peeks!
The Journal would like to take this moment to say a heartfelt THANK YOU to our subscribers, sponsors and advocates!
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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.
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Quick Hits
Columns and Thought Leadership
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.
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.
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