News: Brokerage

Getting help: What to ask before you hire

Ready to hire or outsource? Here are the eight key questions to ask your candidates. Experience For whom did you work and for how long? Look for solid real estate PR experience. Reputation Who knows you in the industry? Check references. Communication skills Do you have writing samples? Read them carefully and listen as well to how they express themselves orally. Personality Why should we hire you? Give them a chance to sell themselves. You want exuberant, likeable people, not bland or reticent types. Knowledge of Real Estate What do you see as hot trends in the industry? A good New York real estate specialist knows what's happening and can give you their take on the situation, even if you disagree. Your Company What do you know about us? Let's hope they did homework before coming in to see you. Contacts Who covers real estate for the major media? If they can't give you names, then they're not what they say they are. Cost How much do you charge or expect in compensation? Depends on quality, but expect to pay at least $36,000 to $60,000 or more annually for outside counsel and more in salary and benefits for decent full-timers. Harry Zlokower is president of Zlokower Co., New York, N.Y.
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
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Columns and Thought Leadership
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.
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
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
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,