News: Brokerage

REBNY honors a public relations legend

The fact that REBNY chose this year to honor Howard Rubenstein among the six most influential leaders is a tribute both to Rubenstein's leadership in New York public affairs and real estate and to his role in pioneering and shaping the field of public relations as we know it today. Rubenstein started in our business decades ago, before Facebook, Twitter, cable TV and computers became common, when a publicist had to live by the telephone, typewriter and creative inspiration to help a developer, owner or other real estate professional break through the clutter and make the evening news or the next day's edition of the Daily News. Rubenstein has represented icons of New York real estate and public life from Harry Helmsley and Donald Trump to Rupert Murdoch and George Steinbrenner and delivered counsel and ideas that have helped chart New York's future. But what should not go unnoticed is the huge influence Rubenstein has had on real estate public relations through his tutelage of many practitioners who head their own firms or serve in senior positions in agencies and organizations. Working for Rubenstein is an unforgettable experience for any aspiring PR practitioner and I am proud to say I was among them. Congratulations Howard. Your REBNY award is in a small way our award. We are grateful for what you taught us and for elevating real estate PR to a status equal to or better than how PR is practiced for any other industry anywhere in the world. Harry Zlokower is the president of Zlokower Co., New York, N.Y.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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