News: Brokerage

Thomas Griffith President TE Griffith Realtors, Inc.

Name: Thomas Griffith Title: President Company: TE Griffith Realty, Inc. Location: Pearl River, N.Y. Birthplace and year: Pearl River, N.Y., 1923 Family: Married to Mary-Gray Swezey; have 4 daughters: Anne Clark Griffith, Jean Harshall, Griffith, Cindy Bennett Griffith, Mary-Gray Tham College: University of Tennessee, Samson College, N.Y., electrical engineering First job outside of real estate: Dexter Folder Company - machinist First job in real estate or allied field: December, 1950 - real estate and insurance, William F. Griffith Agency What do you do now and what are you planning for the future? Commercial and industrial real estate, investment analysis covering Rockland and Orange Counties Hobbies: Scuba diving, beekeeping and fishing Person you admire most (outside of family): President Ronald Reagan Key to success: Each day is a new adventure If you had to choose another vocation what would it be? Engineering in various fields
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Columns and Thought Leadership
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
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.
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 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.