News: Brokerage

Merry Holiday Season

Merry holiday season. I try to write original stuff, but on occasion I find something that in my opinion is worth borrowing. Jon Faust([email protected]) makes his living penning monthly messages, selling them to publications all over the country. Here's a few pointers from his latest that I am sure you know, but maybe don't spend enough time practicing. Internationally famous companies, especially public ones, have to brand their names into the publics minds. How do they do it? Repetition! Elizabeth Arden, the marketing legend who built a cosmetic empire once said, "Repetition makes reputation and reputation makes customers." Repetition works on a regional level also. There are companies in your area who have built their businesses on the REPETITION EQUALS FAMILIARITY EQUALS SALES model. I constantly use the the example of when you look in a brook and notice a stone that has worn away, which drop of water was responsible? ALL OF THEM is the answer. I call that the repetition of Mother Nature. If you think about it, the best way you ever learned anything was through repetition.
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NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
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Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced