News: Brokerage

If you really want change

As much as I go out of my way to avoid politics and religion in my messages for obvious reasons, I couldn't help but notice that my two most recent messages starring Donald Trump brought more response than any others written monthly over the past 40 plus years. I am sure that you noticed that I didn't mention his political party or religion, but that he did a good job shaking things up at a time when what's going on in Washington needed shaking up (even if it was only to lower gas prices.) Now that he has decided not to run for office, his political press popularity has diminished, but he certainly made enough headlines, and was probably responsible for many politicians and politician wannabies hunting through dusty documents searching for their birth certificates. Meanwhile, on the active political front, seven Republican candidates recently debated in New Hampshire and introduced themselves to the public. Since I am an Independent I can probably get away with some unbiased opinions. As I viewed the debate, it became quite apparent that one of the strongest candidates was a woman. Of the 30 plus presidents since George Washington, none have been women, or have any women even run for the office. The closest she's 47, has been a mayor and a governor. She's married with five children, finished 3rd in the Miss America Alaska pageant in 1984, she was born in Idaho, played on a high school championship basketball team, and became a radio sportscaster as her first job. What about Hillary? Is she qualified? Spent eight years as a senator, eight years in the White House, and eight years in the Arkansas governor's mansion. She's 63 years old, has one child, graduated from Wellesley College, and is now secretary of state. That's three candidates with 18 months to go. Maybe the biggest difference between men and women, other than the obvious when they're dressed in bathing suits, is how they solve problems. Historically, macho men punch first and dialogue second. They were created that way. Not their fault. Boys will be boys. How many men do you know who claimed spousal abuse against their wife? Maybe if more women were country leaders there would be less wars. Is it worth a try? I guess we'll find out if our country is really ready for change. If not, I guess we'll have more of the same. By the way, a recent national survey showed residential real estate still declining in values and commercial real estate rebounding. I could have written about that. Comments welcome! Roland Hopkins is the founder of the New York Real Estate Journal, Norwell, Mass.
MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.