News: Brokerage

Jeffrey Metz to serve as managing partner at Adam Leitman Bailey, P.C.

According to Adam Leitman Bailey, P.C., Jeffrey Metz, Esq. will be joining its real estate legal team. Metz will serve as the managing partner of the Appellate Bureau of the now 17-attorney real estate law firm located in the Financial District. Metz is considered to be one of the preeminent real estate appellate attorneys in the state, bringing over 25 years experience advocating to New York's appellate courts. Metz has participated in many of the most important New York real estate decisions of this generation. Adam Leitman Bailey, P.C. is a prominent, AV Rated real estate law firm that received Super Lawyer honors in years 2007 and 2008, and was also named to the 92nd Edition of the Bar Register of Preeminent Lawyers.  The firm provides real estate services in the following areas: Purchase and sale of real property, real estate and business litigation, landlord representation, tenant representation, condominium and cooperative representation, fire department and building violations, commercial lease preparation and negotiation, business law, mortgage finance practice group, homeowner and tenant associations, title insurance claims group, foreclosures, loan workouts and restructuring.
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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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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,

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