Thru the Lens: The Center For Cost Effective Government
A busload of Long Island's most influential and outspoken business leaders went to Albany to address lawmakers at the Capital on behalf of a new Mandate Relief Bill put together by The Center For Cost Effective Government. Marie Zere, Zere Real Estate Services and Ken Greenberg, Austin Williams Advertising with Steve Levy, Esq. former Suffolk County executive and NY State assemblyman Michael Fitzpatrick were leading the charge.
The new legislation would 1) Modify the Triborough Amendment, thereby ending automatic step salary increases once a contract has expired, 2) Cap mandatory arbitration salary increases to 2%, and 3) Implement pension reform by requiring all incoming employees to be part of a defined pension contribution system, rather than a defined benefit system which requires taxpayers to make up any shortfalls in the pension system.
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.
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
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.
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
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.