News: Brokerage

Thru the Lens: Former New York Knick, Larry Johnson, joins Douglas Elliman's top brokers for celebration

On November 30th, Douglas Elliman celebrated the launch of its partnership with the New York Knicks as the exclusive naming sponsor of Madison Square Garden's famed "Celebrity Row" with an impressive event in the lounges for its top brokers at the New York Knicks vs. Miami Heat game. Former New York Knick great Larry Johnson stopped by the event to congratulate CEO Howard Lorber, COO Stephen Kotler and top brokers including Million Dollar Listing's Luis Ortiz, Toni Haber, Maria Babaev, Brett Miles, Robert Dvorin, Andrew Azoulay, Enzo Morabito and Ariel Cohen. In addition to the celebration, the brokers also donated over 100 toys to Madison Square Garden's Garden of Dreams Foundation that will directly benefit its underserved youth this holiday season. Douglas Elliman "Celebrity Row" is known as an exclusive seated area noted for its courtside celebrities and luminaries. The multi-­year deal will provide Douglas Elliman with exclusive naming rights of the famed coveted area in Madison Square Garden as well as branding around the courtside seats, online and social media.
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Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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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
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.
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
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,