Meet the BMAR Member - Anastasio

Richard Anastasio, MAI, is the president of Property Appraisal Services. He has been continuously employed as a real estate appraiser since 1970. Experience includes staff appraisal positions in officer capacity for major lending institutions (Chase, Bankers Trust) and investment firms (Prudential). He has been appraising a wide variety of properties since 1970, including office buildings, hotels, shopping centers, apartments, industrial buildings, commercial properties, warehouses, and residential properties. He received his MAI designation in 1981 and has an MBA degree. He has been admitted as an expert witness in several courts. He is generally certified in N.Y., N.J., Conn. and Mass. Richard Anastasio, MAI * Property Appraisal Services 261 City Island Ave., Bronx, N.Y. 10464-1432 Tel. (212) 867-7522 * Fax: (212) 867-8198 [email protected] * www.pasinc.com

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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Arrow Real Estate Advisors arranges $46 million refinance for The Marshall at Rochester

Columns and Thought Leadership

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

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

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

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