News: Brokerage

Meet the IREM Chapter 58 Members

Nicholas Harris, CPM, PCAM, has been in the real estate management business since 1992, holding a Certified Property Manager designation, as designated by IREM, a Professional Community Association Manager's designation, as designated by the Community Associations Institute, and he is a licensed real estate salesperson. He currently serves as the president of IREM chapter 58. He is a graduate of the Rochester Institute of Technology and received his bachelor of science in Accounting.Steven Savoca is a Certified Property Manager (CPM as designated by IREM) and a Real Property Administrator (RPA as designated by BOMA Institute). He has been a property manager for 14 years having managed residential apartments, retail shopping centers, office buildings, medical office buildings, industrial warehouses, and manufactured home communities. He currently is a commercial property manager for Konar Properties and serves on various committees for the local IREM and BOMA chapters.
MORE FROM Brokerage

Let them build: How SEQRA reform and market realignment are reshaping commercial real estate in New York’s Hudson Valley - by Paul Adler

Commercial real estate in the Hudson Valley is in the middle of a genuine realignment – not the collapse some predicted, and not a V-shaped recovery either, but a recalibration of capital and expectations that rewards patience and local knowledge. At Rand Commercial, we watch this transformation unfold across Rockland, Orange, Westchester, Putnam, and Dutchess counties every day.
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Columns and Thought Leadership
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,

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