News: Brokerage

Conway of Conley wins award from ASID

Karen Conway, a design assistant with commercial real estate firm Conley Associates, recently won the Student Best in Competition Honorable Mention Award for the American Society of Interior Designers' (ASID's) annual Best of Competition. The interior design contest consisted of entries throughout the upstate New York/Canada east region. Conway's "Sustainable Residential Renovation" design was chosen among the hundreds of submissions. The judges stated it was a "nice presentation and awareness of environmental issues" and a "consistent design solution." Conway recently graduated top of her class from Sage College of Albany. The NYU/CE chapter of ASID includes all of NYS (with the exception of Westchester County and New York City). It also includes the provinces of Ontario and Québec in Canada, and is the only international chapter of ASID. There are eight principal areas in the chapter - Albany, Syracuse, Rochester, Buffalo and Southern Tier in the U.S., and Toronto, Kingston/Ottawa, and Montreal in Ontario and Québec.
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

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Columns and Thought Leadership
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
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.
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,