Stroock & Stroock & Lavan’s Evan Hudson on Non-Traded REITs and Mini-Tender Bidders

For years, investors in real estate investment trusts (REITs) were largely forced to pick their poison. On the one hand, those who prize liquidity could invest in market-traded REITs that are easy to sell off in a pinch, but these trusts have, in recent history, traded at a discount to their underlying net asset values. […]… Read More Stroock & Stroock & Lavan’s Evan Hudson on Non-Traded REITs and Mini-Tender Bidders

Jimmy Van Bramer on Long Island City Development, BQX and the Queens Political Machine

City councilman Jimmy Van Bramer presides over one of New York City’s hottest real estate markets: western Queens. And one of its submarkets, Long Island City, is on track to get 6,200 new residential units by next year and sits at the heart of crucial zoning, infrastructure, transportation and urban planning issues that affect much […]… Read More Jimmy Van Bramer on Long Island City Development, BQX and the Queens Political Machine

The Menschy Side of the Wolkoff Clan, Which Has Upset the Apple Cart in Queens and LI

This past December, even before finishing their tuna sandwiches at Premier Diner on Long Island, Richard Daly, the CEO of Broadridge, renewed his lease for 10 more years with landlord Gerald Wolkoff over a handshake. The pair has been doing business in that manner since the summer of 1992, when they negotiated a lease for […]… Read More The Menschy Side of the Wolkoff Clan, Which Has Upset the Apple Cart in Queens and LI

Michael Colacino Leaving Savills Studley, Mitch Rudin to Replace as President

Savills Studley President Michael Colacino is stepping down from his role after 27 years with the commercial real estate brokerage, which has tapped Mitchell Rudin—a former executive at CBRE, Brookfield Property Partners and, most recently, Mack-Cali Realty Corp.—to succeed Colacino. Colacino will depart the firm, where he has worked since 1991 and served as president […]… Read More Michael Colacino Leaving Savills Studley, Mitch Rudin to Replace as President

Oron Maher Leaves BRC to Launch Namesake Brokerage

Industry veteran Oron Maher has struck out on his own, launching Beverly Hills-based Maher Commercial Realty, Commercial Observer has learned. The brokerage, located at 275 South Beverly Drive, specializes in investment sales and leasing across all property types within the Greater Los Angeles area. Maher has eight associates with plans to further expand. “The purpose […]… Read More Oron Maher Leaves BRC to Launch Namesake Brokerage

Q&A: Skyline AI CEO Guy Zipori Discusses the Future of Tech and AI in CRE

It’s no secret that many industries have experienced disruption from technological innovation, from Uber’s effects on the taxi industry to delivery services on the retail sector. Israeli startup Skyline A.I. utilizes commercial real estate data from 150 sources to detect and exploit market anomalies, identify superior risk-reward investments and discover untapped value-add opportunities, per its […]… Read More Q&A: Skyline AI CEO Guy Zipori Discusses the Future of Tech and AI in CRE