News:
Brokerage
Posted: March 24, 2014
Thru the Lens: "A Winter's Evening
"A Winter's Evening" dinner dance at the Grand Hyatt New York on Dec. 14th honored Klara and Larry Silverstein and raised more than $2.8 million to benefit the nation's leading respiratory hospital, National Jewish Health. They received the National Jewish Health couple Humanitarian Award, which was presented to them by their children, Lisa Silverstein and Roger Silverstein. Silverstein, president and CEO of Silverstein Properties Inc., was one of the original founders of the event, now in its 44th year.
Proceeds from this year's Dinner funded the Klara and Larry Silverstein Fund for Pediatric Asthma and Allergy Research and Treatment and the Wendy Siegel Fund for Leukemia and Cancer Research.
Photo Credit: Steve Friedman
Tags:
Brokerage
MORE FROM Brokerage
AmTrustRE completes $211m acquisition of 250 Madison Ave.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
.jpg)
Quick Hits
Columns and Thought Leadership
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.
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
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
.gif)