News: Brokerage

Will of Hemisphere Holding brokers the $724,000 sale of 24-unit apt. property

Richard Will, president of Hemisphere Holdings Corp., in cooperation with Turnkey Real Estate, Inc., has brokered the $724,000 sale of the Ivy Ridge Apartments. Located on 508 Ivy Ridge Rd., the 24-unit property was sold by Clarendon Heights Management to an undisclosed buyer. The deal was financed by M&T Bank. Hemisphere Holdings is a commercial real estate firm specializing in the brokerage of multifamily properties and mobile home parks. Centrally located in New York, they service the needs of their clients throughout the entire upstate New York marketplace. Hemisphere Holdings has generated one of the largest computer databases of apartment buyers and sellers in the upstate region. Their single-minded approach to brokerage has served their clients by tracking all apartment sales and in turn, providing knowledge for players in the industry who require accurate and timely information to assist in their decision making.
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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
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