News: Brokerage

TVGA's Grider Street reconstruction $5 million project honored by American Public Works

At an annual awards dinner held on Feb. 11, the WNY Chapter of the American Public Works Association presented TVGA Consultants and the city with the 2010 Transportation Project of the Year Award for the Grider St. reconstruction project. This $5 million project involved pavement rehabilitation of 0.75 miles of Grider St. from East Delavan Ave. to Leroy Ave., watermain replacement, traffic improvements and enhanced the visual character of the corridor. In Nov., the Upstate New York Chapter of NAIOP awarded TVGA with the Award of Merit. Headquartered in Elma, TVGA Consultants is a full service survey and engineering firm that has provided attorneys, municipalities, state agencies and authorities, private industry, developers, contractors and federal government agencies alike quality, value-based professional engineering services for more than 93 years. TVGA is proud to employ a highly skilled and diverse staff of civil, transportation, traffic and environmental engineers; scientists; photogrammetrists; and land surveyors from four locations throughout New York.
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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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Columns and Thought Leadership
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.
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
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.