News: Brokerage

Professional Profile: Bob Stella, 2015

Name: Bob Stella Title: Principal Company: Cresa New York Location: 450 Lexington Ave., New York, NY 10017 Birthplace: Fort Smith, Arkansas Education: University of Arkansas First job outside of real estate: For my first job, I worked for Braniff Airways, unloading cargo First job in real estate or allied field: I started at CBRE in 1983 as a junior broker What do you do now and what are you planning for the future? I am a principal at Cresa New York and I have also taken on added responsibilities as the finance manager for the office. Looking ahead to the future, I will continue to develop that role, while representing a variety of tenants in real estate transactions across New York City. How do you unwind from a busy day in real estate? I enjoy working out, golfing and taking my boat out on Candlewood Lake in Connecticut. Favorite book or author: "The Old Man and the Sea" by Ernest Hemingway Favorite movie: "The Shawshank Redemption" Last song you downloaded? "With a Little Help from my Friends" by Joe Cocker One word to describe your work environment: Collaborative Rules to live by in business: Work hard and smart, never give up, and lead. If you could invite one person to dinner (living or dead) who would it be and where would you go? JFK at the Four Seasons What is your dream job? Astronaut
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Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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
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