YM/WREA hosts Baker of Hudson’s Bay Co.; welcomes new members at Oct. 9th luncheon
Shown standing (from left) are: Darell Handler, Handler Organization; Craig Waggner, CW; Alex Kaskel, ABS; Jessica Kanfer, The Office Group; Justin Huebener, Rockefeller; and Laura Jackson, FTI Consulting. Shown seated (from left) are: Camille McGratty, Silverstein Properties; Laura Pomerantz, CW; Richard Baker, Hudson’s Bay Company; and Alex Budd, RXR
New York, NY On October 9th, The Young Mens/Womens Real Estate Association (YM/WREA) hosted their October Luncheon. The guest speaker was Richard Baker, governor and executive chairman of Hudson’s Bay Company (Lord & Taylor, Saks Fifth Ave., National Realty & Development Corp.).
Shown (from left) are: Greg Schenker of ABS, Lindsay Ornstein of Transwestern, and Michael Glick
Shown (from left) are: Justin Huebener of Rockefeller, Brock Emmetsberger of JLL, Tess Jacoby of JLL, and Camille McGratty of Silverstein Properties
He discussed his career path, his views on the retail industry and what sets his firm apart. Additionally, he discussed the sale of the Lord & Taylor building on Fifth Ave. to WeWork.
YM/WREA welcomed its newest members of the organization at the luncheon.
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.
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.
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