News: Brokerage

TVGA's Grider Street reconstruction $5 million project honored by American Public Works

At an annual awards dinner held on Feb. 11, the WNY Chapter of the American Public Works Association presented TVGA Consultants and the city with the 2010 Transportation Project of the Year Award for the Grider St. reconstruction project. This $5 million project involved pavement rehabilitation of 0.75 miles of Grider St. from East Delavan Ave. to Leroy Ave., watermain replacement, traffic improvements and enhanced the visual character of the corridor. In Nov., the Upstate New York Chapter of NAIOP awarded TVGA with the Award of Merit. Headquartered in Elma, TVGA Consultants is a full service survey and engineering firm that has provided attorneys, municipalities, state agencies and authorities, private industry, developers, contractors and federal government agencies alike quality, value-based professional engineering services for more than 93 years. TVGA is proud to employ a highly skilled and diverse staff of civil, transportation, traffic and environmental engineers; scientists; photogrammetrists; and land surveyors from four locations throughout New York.
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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 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,

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.