News: Brokerage

Nicholas Malagisi Managing Director Sperry Van Ness Commercial Realty/Sperry Van Ness International, Inc.

Name: Nicholas Malagisi Title: Managing Director/National Director Company: Sperry Van Ness Commercial Realty/Sperry Van Ness International, Inc. Location: 6622 Main St., Ste. 7, Williamsville, NY 14221 (Buffalo) Birthplace: Syracuse, N.Y. Family: Wife and two children College: Syracuse University, Martin J. Whitman School of Management First job in real estate or allied field: I was hired by self-storage industry leader, Public Storage, where I was responsible for site acquisition and development of new properties in the Northeast. I also began acquiring existing self-storage facilities on behalf of Storage Equities, Public Storage's publicly traded Real Estate Investment Trust (REIT). What do you do now and what are you planning for the future? Today, our firm is a full-service, commercial real estate investment brokerage firm specializing in the areas of retail, multifamily, office and industrial, self-storage, property management and sale-leaseback. We plan to open a Rochester office where we will offer the same services. Hobbies: Reading, traveling, spending time with my family Person you admire most (outside of family): My mentor, Daniel Driscoll If you had to choose another vocation what would it be? Commercial real estate
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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
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
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
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,